Payment of Closing Fees and Expenses Sample Clauses

Payment of Closing Fees and Expenses. The Company shall have paid prior to or on the date of such Closing a closing fee (the "Closing Fee") to each Purchaser in an amount equal to two percent (2.0%) of the aggregate purchase price required to be paid by such Purchaser for the Notes and Warrants being purchased by such Purchaser at such Closing (which Closing Fee, at the option of each Purchaser, may be applied against the purchase price for the Notes and Warrants being purchased by such Purchaser at such Closing), all reasonable fees, expenses and disbursements of the Purchasers and the Principal Purchaser's Special Counsel, reflected in statements of the Purchasers and such counsel rendered prior to or on the date of such Closing; provided, however, the aggregate amount of such fees and expenses (other than the Closing Fee) shall not exceed $90,000.
Sample 1
AutoNDA by SimpleDocs
Payment of Closing Fees and Expenses. The Borrowers shall have paid to the Lender all Closing Fees and expenses payable by the Borrowers hereunder.
Sample 1
Payment of Closing Fees and Expenses. Concurrently with the Closing, the Company shall cause the Closing Fees and Expenses to be paid in cash by wire transfer as shall be provided in writing to the Company and Parent within three (3) business days prior to the Closing. To the extent the Company’s available cash balances are less than the total Closing Fees and Expenses, Parent shall pay an amount equal to such shortfall, which amount will be deducted from the Aggregate Merger Consideration as specified in Section 1.5(a)(v). Parent shall not be under any obligation regarding Closing Fees and Expenses unless the Closing shall have occurred. Parent shall be solely responsible for any fees and expenses incurred by Parent and/or Merger Sub in connection with the Merger and the Contemplated Transactions. As specified in Section 6.2, and for avoidance of doubt, no payment or advances of Closing Fees and Expenses shall be made unless and until all payments required to be made to Terminated Employees shall have been made.
Sample 1

Related to Payment of Closing Fees and Expenses

  • Payment of Fees and Expenses Borrower shall have paid to Lender all fees, charges, and other expenses which are then due and payable as specified in this Agreement or any Related Document.

  • Transfer Fees and Expenses The Transferor and Transferee of any Units or other interest in the Company shall be jointly and severally obligated to reimburse the Company for all reasonable expenses (including attorneys’ fees and expenses) of any Transfer or proposed Transfer, whether or not consummated.

  • Termination Fees and Expenses (a) The Company agrees that:

  • Legal Fees and Expenses The parties shall each bear their own expenses, legal fees and other fees incurred in connection with this Agreement.

  • Costs, Fees and Expenses Except as otherwise specifically provided herein, each party hereto agrees to pay all costs, fees and expenses which it has incurred in connection with or incidental to the matters contained in this Agreement, including without limitation any fees and disbursements to its accountants and counsel; provided, that the Assuming Institution shall pay all fees, costs and expenses (other than attorneys’ fees incurred by the Receiver) incurred in connection with the transfer to it of any Assets or Liabilities Assumed hereunder or in accordance herewith.

  • Certain Fees and Expenses (a) Provided that the Fund is not in material breach of its obligations under this Agreement, if the Merger is not consummated for failure of the condition to Closing contained in Section 7.1(f) to be satisfied and, as a result of such failure, CNLRP is obligated to pay the Company a break-up fee pursuant to the terms of the CNLRP Merger Agreement, the Company shall pay to the Fund as follows: (i) if the Fund has waived the condition to Closing contained in Section 7.1(f) and elected to proceed with the Merger, the Company shall pay to the Fund an amount equal to $8,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration; and (ii) if the Fund has not waived the condition to Closing contained in Section 7.1(f) and the Merger is not consummated, the Company shall pay to the Fund an amount equal to $5,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration.

  • Reimbursement of Fees and Expenses The Advisor retains its right to receive reimbursement of any excess expense payments paid by it pursuant to this Agreement under the same terms and conditions as it is permitted to receive reimbursement of reductions of its investment management fee under the Investment Advisory Agreement.

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.

  • Interest Fees and Expenses 1. (a) Interest on the Revolving Loans shall be payable monthly as of the end of each month and shall be an amount equal to (a) the applicable Chase Bank Rate Margin plus the Chase Bank Rate, per annum, on the average of the net balances owing by the Company to CITBC in the Company's account at the close of each day during such month on balances other than Libor Loans and (b) the applicable Libor Margin plus the applicable Libor on each Libor Loan, on a per annum basis, on the average of the net balances owing by the Company to CITBC in the Company's account in respect of such Libor Loan at the close of each day during such month. In the event of any change in said Chase Bank Rate, the rate under clause (a) above shall change, as of the first of the month following any change, so as to remain equal to the new Chase Bank Rate plus the applicable Chase Bank Rate Margin. In addition, the rate applicable under clause (a) or (b) above shall change based upon any change of the applicable Chase Bank Rate Margin or the Libor Margin; provided that any such change in such a margin such be effective on the first Business Day of the month following the month in which the Company shall have delivered, at least five (5) Business Days before the end of the month, to CITBC the financial statements demonstrating the change in EBITDA giving rise to such change in the margin, and any change in the Libor Margin shall affect only Libor Loans not yet funded as of that date. The rate hereunder shall be calculated based on a 360-day year. CITBC shall be entitled to charge the Company's account at the rate provided for herein when due until all Obligations have been paid in full.

  • Consulting Fees and Expenses The Company shall pay to the Consultant a consulting fee of Twenty Thousand ($20,000.00) Dollars per month (the "Consulting Fee").

Time is Money Join Law Insider Premium to draft better contracts faster.