Additional Due Diligence Fees for Additional Collateral. The ------------------------------------------------------- Borrower shall pay to the Lender additional due diligence fees (the "Additional ---------- Collateral Due Diligence Fees") with respect to each Additional Mortgaged ----------------------------- Property in an amount equal to Lender's reasonable out-of-pocket due diligence costs and expenses plus $2,500. The Borrower shall pay Additional Collateral Due Diligence Fees for the Additional Mortgaged Property to the Lender on the date on which it submits the Collateral Addition Request for the addition of the Additional Mortgaged Property to the Collateral Pool.
Appears in 2 contracts
Sources: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)
Additional Due Diligence Fees for Additional Collateral. The ------------------------------------------------------- Borrower Borrowers shall pay to the Lender additional due diligence fees ---------- (the "Additional ---------- Collateral Due Diligence Fees") with respect to each Additional ---------------------------------------- Mortgaged ----------------------------- Property in an amount equal to Lender's reasonable the sum of (i) $1,000 and (ii) the actual out-of-pocket expenses incurred by the Lender in connection with all due diligence costs and expenses plus $2,500activities which the Lender deems necessary in connection with the addition of the Additional Mortgaged Property to the Collateral Pool. The Borrower Borrowers shall pay Additional Collateral Due Diligence Fees for the Additional Mortgaged Property to the Lender on the date on which it submits they submit the Collateral Addition Request for the addition of the Additional Mortgaged Property to the Collateral Pool.
Appears in 1 contract
Sources: Master Credit Facility Agreement (Town & Country Trust)