Maximum annual fee allowance.
For example, our WV notes currently state "Governing Law. This agreement will be governed by federal law applicable to us an, to the extend no preempted by federal law, the laws of the state of West Virginia without regard to its conflicts of law provisions. This agreement has been accepted by us in the state of West Virginia."
The maximum fee allowance is different between KY and WV. So if a loan is booked in WV (higher fee allowance than KY) but the collateral is in KY where the allowance is lower, does this agreement cover the fee provision?
_________________________
I reject your reality and replace it with my own.