Professional Fees and Expenses. Other than with respect to claims brought by the Executive against, or defenses by the Executive of any claim of, the Company with respect to this Agreement that were determined to have been made or asserted by the Executive in bad faith or frivolously, the Company agrees to pay all reasonable legal and professional fees and expenses that the Executive may reasonably incur as a result of any contest by the Executive, by the Company or others of the validity or enforceability of, or liability under, any provision of this Agreement (including as a result of any contest by the Executive about the amount of any payment under this Agreement).
Professional Fees and Expenses. The Company shall pay or reimburse Executive up to $25,000 for reasonable attorneys’ or other professional fees and for any other expenses Executive incurs in connection with the preparation, negotiation, execution and delivery of this Agreement and the equity incentive agreements entered into in connection herewith. Such reimbursements shall be made within 10 days following presentation to the Company of appropriate invoices or other documentation for the amount of such fees and expenses.
Professional Fees and Expenses. 20. In consideration for the Professional Services to be performed by Evaluator under this Agreement, Xxxx County shall pay Evaluator not more than $2,083.00 per month, for time spent on evaluation, monitoring and other professional services defined herein. Evaluator shall submit written, signed reports of the time spent performing the services described herein, itemizing in reasonable detail the dates on which services were performed, the number of hours spent on such dates and a brief description of the services rendered. Xxxx County shall pay Evaluator the amounts due pursuant to submitted invoices within 30 days after such reports are received by Xxxx County. The payment of fees shall not exceed $25,000.00 on an annual basis and may be adjusted in years subsequent to the 2020-2021 award year based on funds awarded by grantor (SAMHSA).
Professional Fees and Expenses. The Corporation must pay to the Manager, the Professional Fees, the Additional Professional Fee, the Expenses and any other monies which may be payable pursuant to this Agreement immediately upon completion unless specified to the contrary in the Schedule. The Corporation authorises the Manager to deduct any monies due and payable to the Manager from its funds on the due dates. The Manager may in addition to monies paid pursuant to the above clauses herein, retain for its own use and benefit, fees paid to the Manager or Corporation for the supply of information or matter under Section 41 of the Xxxxxx Xxxxxx Xxx 0000 or Sections 11, 44, 51, 139 of the Community Titles Xxx 0000 and Regulation 26 of the said Act.
Professional Fees and Expenses. Company shall pay all bar dues and professional association fees for Executive.
Professional Fees and Expenses. Private placement fees and commissions shall be paid by the Company out of the gross proceeds of this offering. Each party will bear its own expenses in connection with this offering.
Professional Fees and Expenses. FNBB shall cause final bills (or estimated final bills through the Effective Time) for all fees and expenses for services rendered by accounting, investment banking, legal, tax and other advisors to FNBB to be submitted to FNBB at least five (5) Business Days prior to the Closing Date and shall provide copies of all such bills or estimates to TriCo. FNBB shall pay all such final bills or estimated final bills prior to the Effective Time.
Professional Fees and Expenses. Each party shall bear its own expenses for legal, accounting and other fees or expenses in connection with the negotiation of this Agreement.
Professional Fees and Expenses. North Valley shall use its reasonable best efforts to cause final bills (or estimated final bills through the Effective Time) for all fees and expenses for services rendered by accounting, investment banking, legal, tax and other advisors to North Valley to be submitted to North Valley at least five (5) Business Days prior to the Closing Date. North Valley shall pay all such final bills or estimated final bills prior to the Effective Time; provided, that any fees or expenses in excess of such estimated final bills, or which result from services rendered by any such advisors after the Effective Time, shall be submitted to TriCo in a supplemental bxxx and promptly paid by TriCo upon receipt thereof.
Professional Fees and Expenses. All estate professionals shall provide an estimated budget for professional fees through the Effective Date, and the Plan Proponents will establish an allocation of workload for the preparation of the Definitive Documents by July 3, 2013.The Plan will establish a professional fee escrow account (the “Professional Fee Escrow Account”) which will be funded by the Debtors or the Liquidation Trust on the Effective Date for the purpose of paying allowed professional claims incurred through the Effective Date, provided that the Debtors’ or the Liquidation Trust’s liability for allowed professional claims will not be deemed limited to the funds available from the Professional Fee Escrow Account. The amount funded to the Professional Fee Escrow Account will be determined by each professional’s estimated fees and expenses to be incurred through the Effective Date, subject to review by the Debtors, the Consenting Claimants and the Creditors Committee. Executory Contracts and Unexpired Leases Executory contracts and unexpired leases shall be deemed rejected by the Debtors unless previously assumed by the Debtors or assumed by the Debtors in connection with confirmation of the Plan. Adjournment of RMBS Litigation The Debtors, the Creditors’ Committee, Ally, and the Consenting Claimants, as applicable, agree that the hearing on the Debtors Motion Pursuant to Fed. R. Bankr. P. 9019 for Approval of the RMBS Settlement Agreements [Dkt. No. 320] as amended and supplemented (the “RMBS Settlement Motion”), shall be adjourned until the earliest hearing dates available from the Court that are not less than 30 days after the Steering Committee Consenting Claimants or the Xxxxxxx Xxxxxxxx Consenting Claimants terminates the Plan Support Agreement or the Plan Support Agreement is otherwise terminated, and that all pending objections to the RMBS Settlement shall be deemed held in abeyance pending the Effective Date and withdrawn with prejudice upon the Effective Date.The Plan shall contain a provision which shall constitute approval of the RMBS Settlement, including without limitation, modifications contemplated by the Plan Support Agreement, and the amendments and supplements to the RMBS Settlement Motion. The RMBS Settlement, as modified, shall be approved by the entry of the Confirmation Order. Claims Asserted Against the Debtors Annex V includes a list of claims asserted against the Debtors in accordance with that section of the Plan Term Sheet titled “Settlement of Debtors’ R...
