The parties to each assignment shall execute and deliver to the Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; provided that the Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment .   The assignee, if it is not a Lender, shall deliver to the Agent an Administrative Questionnaire.  The Agent shall notify the Borrower of each Assignment and Assumption within three Business Days of receipt thereof.