Substitution Fee definition

Substitution Fee means with respect to any Substitution effected in accordance with Section 3.05, a fee in the amount which is the greater of (i) 50 basis points multiplied by the Allocable Loan Amount of the Mortgaged Property being added in connection with the Substitution, and (ii) $50,000 per Substitute Mortgaged Property.

Substitution Fee means with respect to any Substitution effected in accordance with Section 3.03, a fee in the amount of $10,000 for each substitute property added to a Collateral Pool.

Substitution Fee means with respect to any Substitution effected in accordance with Section 3.05, a fee in the amount which is [*].

Examples of Substitution Fee in a sentence

• Such Substitution Fee shall be non-refundable regardless of whether the requested Substitution is consummated.

• If Lender consents to the addition of the proposed Substitute Mortgaged Property to the Collateral Pool, and Borrower elects to add the Substitute Mortgaged Property to the Collateral Pool, Borrower shall pay the Substitution Fee to Lender as one of the conditions to the closing of the Substitute Mortgaged Property.

• Notwithstanding the foregoing, OncoGenex will not receive any refund or reimbursement if the amount OncoGenex is entitled to credit under this Section 4.2 is greater than the applicable Substitution Fee.

• In the event CRISPR choses to substitute the [*****] Program a Substitution Fee of [*****] US dollars (US$ [*****]) is due within [*****] days of confirmation of the new target by CureVac, or once the target is confirmed not to be a Reserved Program in accordance with Section 4.3(b) above.

• Property to the Collateral Pool, Borrower shall pay the Substitution Fee [and Re-Underwriting Fee] to Fannie Mae, pursuant to the terms of the Master Agreement, as one of the conditions to the closing of the Substitute Mortgaged Property.

More Definitions of Substitution Fee

Substitution Fee means, with respect to any substitution effected in accordance with Section 3.05, a fee equal to 30 basis points (.30%) multiplied by the Allocable Facility Amount of the Substitute Mortgage Property added to the Collateral Pool.

Substitution Fee means $[***] per substituted target to be paid by JBI following Isis’ acceptance of JBI’s proposed substitute gene target under Section 1.2.5 .

Substitution Fee means $35,000 with respect to each Additional Mortgaged Property added as part of a Substitution.

Substitution Fee means $70,000 with respect to each Additional Mortgaged Property added as part of a Substitution.

Substitution Fee shall have the meaning set forth in Section 2.11. ---------------- ------------

Substitution Fee means Fifty Thousand and No/100 Dollars ($50,000.00).

Substitution Fee means, with respect to a Multifamily Residential Property added to the Collateral Pool in accordance with Section 7.04