Reimbursement Fee. Within thirty (30) days after the Effective Date, Inari shall pay Inceptus an amount equal to the sum of thirty-six thousand dollars ($36,000) plus the legal expenses set forth on Exhibit B (the “Reimbursement Fee”), which the parties acknowledge and agree is in consideration for and to reimburse Inceptus for out-of-pocket expenses relating to Licensed Product. The Reimbursement Fee is non-refundable and not creditable against any other amounts payable hereunder.
Reimbursement Fee. Contemporaneous herewith, the Company shall pay to the Purchasers an aggregate of $20,000 in readily available funds, representing (i) the remainder of the Reimbursement Fee provided for in Section 2.18 of the First Amendment and (ii) an agreed -------------------------------------------------------------------------------- AGREEMENT AND SECOND AMENDMENT TO BRIDGE SECURITIES PURCHASE AGREEMENT - PAGE 8 (Visual Edge Systems Inc.) upon reimbursement of estimated fees and expenses incurred by the Purchasers in connection with the First Amendment and this Amendment.
Reimbursement Fee. Arête shall reimburse Contractor for all third party costs and expenses (including without limitation, operating costs, capital expenditures, production taxes and producing, drilling and construction overhead charges billed by third party operators) incurred or borne by Contractor and associated with the Assets during the term of this Agreement. In addition to the foregoing reimbursements, Arête shall pay Contractor $25,000 per month (pro rated for partial months) for the Services during the term of this Agreement. Any adjustments of the fee shall be adjusted as of the first day of April each year in accordance with the procedures established in Section III.1.A.3. of the “Accounting Procedure, Joint Operations” form (1984, Onshore) published by the Council of Petroleum Accountants Societies. Contractor shall provide monthly statements to Arête detailing third party costs and expenses and the fee for the Services and Arête shall pay such invoices within 30 days following receipt. If payment is not made within such time, the unpaid balance shall bear interest monthly at the prime rate in effect at JX Xxxxxx Chase Bank, N.A. on the first day of the month in which delinquency occurs plus 2% or the maximum contract rate permitted by applicable Colorado law, whichever is lesser, plus attorneys’ fees, court costs, and other costs in connection with the collection of unpaid amounts. In the event that any delinquency in payment exists for a period of more than 60 days, Contractor may, at its option, immediately declare this Agreement terminated and shall provide no further Services with respect to the Assets and shall have no further liability or responsibility with respect to the Assets.
Reimbursement Fee. In consideration of Management Services ----------------- rendered by the Management Company, the Medical Group shall pay to the Management Company on the fourth business day of each week during the Term a reimbursement fee (the "Reimbursement Fee") equal to the costs and expenses set forth on Schedule II actually incurred by the Medical Group during the preceding ----------- week.
Reimbursement Fee. Contemporaneous herewith, the Company shall pay to the Purchasers the sum $20,000 in readily available funds as a partial reimbursement to the Purchasers for their expenditures in the negotiation and preparation of this Amendment.
Reimbursement Fee. (i) In the event that this Agreement is terminated by the Company pursuant to Section 10.1(b)(iii) or Section 10.1(c)(iii) and following the date of such termination the Company consummates a Capital Raise Transaction resulting in proceeds that are equal to or exceed the Minimum Investment Amount, then within five (5) Business Days following the consummation of such Capital Raise Transaction, the Company shall pay Acquiror, by wire transfer of same day funds to the account designated by Acquiror, the Reimbursement Fee. This Section 10.2(b)(i) shall survive the termination of this Agreement for any reason.
Reimbursement Fee. At any time after the occurrence of a draw under the Support Letter of Credit, the amount drawn under the Support Letter of Credit shall be deemed to constitute a loan (an “L/C Loan”) made by the Support L/C Provider to the Company. In addition to the Support Letter of Credit Fee, the Company agrees to pay to the Support L/C Provider a fee (the “Reimbursement Fee”) in the amount of the Applicable Fee times the aggregate amount of the L/C Loan. The Reimbursement Fee shall accrue through the last day of each fiscal quarter of the Company and shall be due and payable on the first Business Day of each January, April, July and October, commencing with the first such date to occur after the occurrence of a draw under the Support Letter of Credit. All L/C Loans shall be due and payable on the Termination Date.
Reimbursement Fee. (a) In the event that this Agreement is terminated by SVF in accordance with Section 9.3(b) or Section 9.3(c), then promptly, but in any event within two Business Days after the date of such termination, the Company shall pay to SVF an amount in cash equal to $2,000,000 (the “Reimbursement Fee”), by wire transfer of immediately available funds to a bank account designated in writing by SVF.
Reimbursement Fee. In the event this Agreement is terminated by the applicable party pursuant to Sections 10.1(c), (d), (e) or (f) hereof, where the failure giving rise to such right of termination shall have been caused in whole or in part by any action or inaction within the control of the other party (it being understood that any action or inaction outside the control of any party shall not come within this Section 10.3), the non-terminating party shall within five business days following the termination of this Agreement pay the terminating party the amount equal to reimbursement of out-of-pocket fees and expenses incurred by the terminating party in connection with the transactions contemplated by this Agreement.
Reimbursement Fee. DS&P shall be entitled to a Reimbursement Fee in an amount sufficient to reimburse it for its reasonable fees and expenses (including fees of its attorneys and accountants) incurred in connection with the transactions contemplated herein which amount shall not exceed $500,000 (the "Reimbursement Fee") if, while this Agreement is in effect or within 180 days after termination of this Agreement any of the following events occurs:
