…………………………………. LLC. (hereinafter referred to as the "Client").
WHEREAS, the Client wishes to engage the Consultants to provide the services described herein and Consultants agrees to provide the services for the compensation and otherwise in accordance with the terms and conditions contained in this Agreement,
NOW THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, accepted and agreed to, the Client and the Consultants, intending to be legally bound, agree to the terms set forth below.
1. TERM. Commencing as of the Effective Date, and continuing for a period of seven years (the “Term”), unless earlier terminated pursuant to Article 4 hereof, the Consultants agree that they will serve as a consultants to the Client. This Agreement may be renewed or extended for any period as may be agreed by the parties.
1a) A processing and due diligence fees of US$150,000.00 is requested up front in order to start the loan process.
2. DUTIES AND SERVICES.
(a) Consultant's duties and responsibilities shall be as follows (collectively, the “Duties” or “Services”): mount of the loan is US$150 Millions and the duration as agreed by Client and the lender .
1a) The loan to value will be 85% and client has to put the 15% down in consultant’s escrow account .
2. Ensure the fee’s for said loan are the most economical and are in the best interest of Client.
3. Fully review, research and discuss all documents pertaining to the application, underwriting, closing and funding of said transaction as well as being present at the signing and disbursement.
4. Work directly with all compliance officers and bank officials to ensure the transaction is satisfactory to all parties and protects the assets/interests of all parties prior to