Common use of Delivery Fee Clause in Contracts

Delivery Fee. No later than five (5) calendar days after the date of this Agreement, the Buyer shall pay a fee (the "Delivery Fee") to the Seller in an amount equal to $100,000.00. In the event that the Buyer executes and delivers the Promissory Note on the Closing Date, the Delivery Fee shall be credited against the Facility Fee (as defined below).

Delivery Fee. No later than five (5) calendar days after the date of this Agreement, the Buyer shall pay a fee (the "“Delivery Fee"”) to the Seller in an amount equal to $100,000.00. In the event that the Buyer executes and delivers the Promissory Note on the Closing Date, the Delivery Fee shall be credited against the Facility Fee (as defined below).