Reservation Fee definition

Reservation Fee means the fee set forth in the applicable Program Guide, relating to the aggregate principal amount of the particular Mortgage Loans which the Participant has committed to originate and sell to the Servicer (which is not applicable to MCC stand-alone product) pursuant to a Reservation Request, payable contemporaneously with the submission of the corresponding application package, all in accordance with the procedures set forth in the applicable Program Guide.
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Reservation Fee means the amount specified as the reservation fee in the Schedule;
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Reservation Fee means the fee to process an application to the point of a Determination which is equal to 8% Tax Credits Requested, for For-Profit and 6% for Non- profit Developers.
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Examples of Reservation Fee in a sentence

  • Failure to pay the total Entrance Fee in full at Settlement, for reasons other than death, illness, injury or incapacity, will result in forfeiture of the Reservation Fee and, if applicable, the Interim Payment, and the termination of this Agreement.

  • This payment reflects the remaining balance of the total Entrance Fee less the Reservation Fee and, if applicable, the Interim Payment.

  • Failure to make the Interim Payment upon the commencement of construction of the Structural Upgrades, for reasons other than death, illness, injury or incapacity, will result in forfeiture of the Reservation Fee and the termination of this Agreement.

  • DISCOUNT FOR PAYMENT BY E-CHECK: Guests who choose to pay both their deposit and final installment with an e-check will have the Reservation Fee and related taxes removed from their reservation.

  • The Rental Agreement and Checklist must be executed and the Reservation Fee and Security Deposit information collected two weeks prior to the event being placed on the Gallery’s schedule/calendar.


More Definitions of Reservation Fee

Reservation Fee means that dollar amount that Developer will pay each month for each meter.
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Reservation Fee shall have the meaning set forth in Section 3.3 below.
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Reservation Fee means the non-refundable fee specified in Schedule A.
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Reservation Fee means the fee referred to in section 5.3;
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Reservation Fee means the product of the Reservation Charge multiplied by that portion of the Outstanding Capacity to be reserved;
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Reservation Fee means an annual fee imposed pursuant to the WTCPUA’s Rules and Policies, as amended from time to time, to reserve water or wastewater capacity in the WTCPUA System.
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Reservation Fee means one and one-half percent (1.5%) of Gross Room Revenues.
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