I have the actual contract on my desk, and I quoted from in verbatim the exact language from the contract. Obviously I am not allowed to post the contract, due to my confidentiality agreement, so whoever provided you with the .03 floor was totally wrong.
I would like to see a copy of the document you have, as I have the originally that was supplied to the Lender, Madison, fully executed by both the buyers and sellers.
So you can beat it up all you want but the facts are the facts that I previously quoted word for work once again when the contract was written their was no PBLS LLC, this was created after the lender issued the commitment.
So I am providing you with iron clad non-disputable information.
Good luck - happy hunting