Operational Fee. Party B shall pay to Party A an Operational fee equal to 3% of the Funds with such fee to be paid based upon the amount of each disbursement per the Disbursement Schedule. Party B authorizes Party A to deduct such Operational Fee from each disbursement tranche of the Funds made per the Disbursement Schedule
Appears in 2 contracts
Sources: Partnership Agreement (Deep Medicine Acquisition Corp.), Agreement (Deep Medicine Acquisition Corp.)