Examples of Refinancing Fee in a sentence
Any Loan Refinancing Fee shall be due and payable upon the funding of the related loan or as soon thereafter as is reasonably practicable.
The Company shall pay to the Advisor for all qualifying loan refinancings of Properties a Loan Refinancing Fee in the amount up to one percent of the principal amount of the refinanced loan.
Any Loan Refinancing Fee shall be due and payable upon the funding of the related mortgage loan or as soon thereafter as is reasonably practicable.
A refinancing will qualify for a Loan Refinancing Fee only if: the new loan is approved by a majority of the independent directors and found to be in the best interest of the Company, the terms of the new loan represent an improvement over the terms of the refinanced loan, the new loan materially increases the total debt secured by a particular Property or the maturity date of the refinanced loan (which must have a term of five years or more) is less than one year from the date of the refinancing.
The Company shall pay to the Advisor for all qualifying loan refinancings of Properties a Loan Refinancing Fee in the amount up to one percent of the principal amount of any loan secured by a Property.