Common use of Modification Fees Clause in Contracts

Modification Fees. Upon the execution of this Amendment No. 4, the Borrower agrees to pay the Banks a fee, in accordance with their respective Commitment Percentage, in the amount of three eighths of one percent (3/8%) of the Advance Value of the Benchmark Apartments and Providence Apartments.

Modification Fees. Upon the execution of this Amendment No. 43, the Borrower agrees to pay the Banks a fee, in accordance with their respective Commitment Percentage, in the amount of three eighths one-half of one percent (3/81/2%) of the Advance Value of the Benchmark Apartments and Providence ApartmentsJoint Venture Collateral.