Initial Origination Fee. The Borrower shall pay to the Lender an origination fee (“Initial Origination Fee”) equal to $750,000 (which is equal to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($100,000,000), by (ii) .75%). The Borrower shall pay the Initial Origination Fee on the date of this Agreement.
Appears in 1 contract
Sources: Master Credit Facility Agreement (United Dominion Realty Trust Inc)
Initial Origination Fee. The Borrower shall pay to the Lender an origination fee (“Initial Origination Fee”"INITIAL ORIGINATION FEE") equal to $750,000 736,001.50 (which is equal to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($100,000,000113,231,000), by (ii) .75.65%). The Borrower shall pay the Initial Origination Fee on the date of this Agreement.
Appears in 1 contract
Sources: Master Credit Facility Agreement (Mid America Apartment Communities Inc)