Sale Fee Sample Clauses

Sale Fee. In addition to the fixed fee, AlixPartners will be compensated for its efforts by the payment of a Sale Fee. The Company understands and acknowledges that the Sale Fee is an integral part of AlixPartners’ compensation for the engagement. Sale Fee in connection with the sale of the Company (“Sale Fee”): If the Company is sold then Xxxxx will pay AlixPartners a Sale Fee based on the Transaction Price (defined below) of the Company. The Sale Fee will be paid according to the following schedule: · Company is sold (regardless of Transaction Price): $75,000 · Transaction Price between [*]: $150,000 · Transaction Price between [*]: $200,000 · Transaction Price between [*]: $250,000 · Transaction Price between [*]: $300,000 · Transaction Price over [*]: $400,000 If this engagement is completed or terminated, AlixPartners shall remain entitled to its Sale Fee payable in connection with the engagement if the Company is sold within a period of 12 months from the date of completion or termination. The Transaction Price is defined as the total consideration paid to the Company and its shareholders, including cash, debt assumed, deferred or contingent purchase price, or other consideration, if any, that comprises the amount necessary to consummate the transaction. The Sale Fee shall be paid out of the proceeds at the closing of the transaction. * CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
AutoNDA by SimpleDocs
Sale Fee. If OCCUPANT’s property is processed for sale at public auction, OCCUPANT shall be responsible for a minimum public auction processing fee shown in the attached as a Sale Fee.
Sale Fee. If the Company closes on the Sale of all or a significant portion of its assets or securities, or any other extraordinary corporate transaction, whether by way of recapitalization, merger, reverse merger, consolidation, negotiated purchase or otherwise, or any combination of the aforementioned during the Engagement Term to any party, (the “Sale Transaction”), SSG shall be entitled to receive a sale fee (the “Sale Fee”) payable in cash, in federal funds via wire transfer or certified check, subject to Bankruptcy Court approval upon appropriate application, equal to 5.0% of the Total Consideration up to $10,000,000 and 10% of the Total Consideration in excess of $10,000,000. (By way of example, if the Company sells its assets in two separate transactions, each for $8,000,000, SSG would be entitled to receive $400,000 upon closing of the first Sale Transaction and an additional $700,000 upon closing of the second Sale Transaction.) To the extent the Company closes a sale transaction with Xxxxxxxx.xxx, Inc. then the Sale Fee due to SSG shall be equal to 75% of the amount calculated as per the above formula. In no event shall the Sale Fee be less than $250,000.
Sale Fee. 12.1. The Manager shall be entitled to be paid a sale fee of 1% (plus GST) of the sale price of each Property sold payable upon settlement of the relevant Property.
Sale Fee. (incl. GST) 7.1 Conjunction Period: Home: ...../..../............ End:........................................................ 7.2 Sale Fee: ................
Sale Fee. Our fully inclusive Sale Fee will be 0.75% plus VAT (minimum fee £950.00). The Sale Fee will become payable when unconditional contracts for sale have been exchanged. By signing this agreement, you agree to our Sale Fee being settled in full, from the proceeds of the sale, by your solicitor/conveyancer on the date of completion, who we will instruct on your behalf on acceptance of an agreeable offer.
Sale Fee. If Co-Owners holding more than fifty percent (50%) of the Interests in the Property approve the Property Manager to assist in a sale of the Project, in addition to any compensation otherwise due Property Manager hereunder, upon a sale of all or substantially all of the Project or interests therein (but not a sale of individual Interests pursuant to the Tenants in Common Agreement), the Tenants in Common shall pay Property Manager a fee (the “Sale Fee”) in an amount equal to one-half percent (0.5%) of the sales price. The Sale Fee shall be due and payable to Property Manager upon the closing of the sale so long as such sale closes prior to a termination of this Agreement or within twelve (12) months after a termination of this Agreement; provided, however, that such Sale Fee shall not be due and payable to Property Manager if Owner terminates this Agreement effective prior to such sale “for cause” pursuant to the terms of Section 10.2 below. Property Manager is authorized on behalf of Co-Owners to instruct any subject escrow holder to pay the Sale Fee to Property Manager upon a close of the subject Escrow and pursuant to the terms herein. Co-Owners’ acknowledge that the Sale Fee is separate and apart from any other fees or expenses that may be incurred by them relative and incidental to a sale of the Property, including but not limited to real estate broker/agent commissions.
AutoNDA by SimpleDocs
Sale Fee. Upon the closing of a Sale Transaction, the Company shall pay SSG a cash fee (the "Sale Fee") equal to the greater of (a) $300,000 (or, with respect to the parties listed on Schedule A hereto, $250,000 - in either case, the "Minimum Fee") or (b) an amount equal to 3.0% of the Total Consideration (as such term is defined below); PROVIDED, HOWEVER, THAT THE SALE FEE SHALL BE REDUCED BY THE FULL AMOUNT OF ANY (x) MONTHLY FEES AND (y) DIP FINANCING FEE ACTUALLY PAID BY THE COMPANY AND RECEIVED BY SSG. THE MINIMUM FEE SHALL NOT APPLY TO A SALE OF LESS THAN ALL OR SUBSTANTIALLY ALL OF THE COMPANY'S ASSETS OR OPERATIONS (TO ONE OR MORE BUYER(s)) AND SHALL BE BASED ON THE AGGREGATE VALUE OF TOTAL CONSIDERATION FOR ALL ASSET SALES. FOR PURPOSES OF THIS AGREEMENT "SUBSTANTIALLY ALL" OF THE COMPANY'S ASSETS MEANS AND INCLUDES A SALE INVOLVING EACH OF THE COMPANY'S OPERATING RETAIL OPTICAL CHAINS. The Sale Fee shall be due and payable upon the closing of a Sale Transaction that involves the sale or transfer, directly or indirectly, of all or a significant portion of the assets or more than 49.9% of the voting stock of the Company, or any other extraordinary corporate transaction involving the Company involving a change of control, whether by way of recapitalization, financial restructuring, consolidation, negotiated purchase, or otherwise, or any combination of the foregoing, to any party, whether pursuant to section 363 of the United States Bankruptcy Code, a confirmed Plan in the Chapter 11 Case, or otherwise. The Sale Fee shall be payable in cash, in federal funds Mr. Dale Fuller August 11, 2004 Page 5 via wire transfer or cxxxxxxxx xxxxx, at, and as a condition of, closing of such Sale Transaction.

Related to Sale Fee

  • Placement Fee The amount of compensation to be paid by the Company to Canaccord with respect to each Placement (in addition to any expense reimbursement pursuant to Section 7(i)(ii)) shall be equal to 3.0% of gross proceeds from each Placement.

  • Acquisition Fee Subject to Section 12(b), the Company shall pay an Acquisition Fee to the Advisor or its assigns as compensation for services rendered in connection with the investigation, selection and acquisition (by purchase, investment or exchange) of each Investment. If the Advisor is terminated without Cause pursuant to Section 18(b)(1), the Advisor or its assigns shall be entitled to an Acquisition Fee for any Investments acquired after the Termination Date for which a contract to acquire the applicable Investment had been entered into at or prior to the Termination Date. The total Acquisition Fee payable to the Advisor or its assigns shall be equal to 1.5% of (1) the Contract Purchase Price of each Investment and (2) the amount advanced for a Loan or other investment. The purchase price allocable for an Investment held through a Joint Venture shall equal the product of (i) the Contract Purchase Price of the Investment, multiplied by (ii) the direct or indirect ownership percentage in the Joint Venture held directly or indirectly by the Company or the Operating Partnership. For purposes of this Section 11(a), “ownership percentage” shall be the percentage of capital stock, membership interests, partnership interests or other equity interests owned directly or indirectly by the Company or the Operating Partnership, without regard to classification of such equity interests. The Company shall pay any Acquisition Fee due hereunder promptly upon the closing of the Investment. In addition, if during the period ending two years after the close of the initial Primary Offering, the Company sells an Investment and then reinvests the net proceeds in a new Investment(s), the Company shall pay to the Advisor or its assigns 1.0% of the Contract Purchase Price of the new Investment(s).

  • Closing Fee On the Effective Date, the Borrower agrees to pay to the Administrative Agent and each Lender all loan fees as have been agreed to in writing by the Borrower and the Administrative Agent.

  • Origination Fee The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

  • Transaction Fee In connection with the creation or redemption of Creation Units, the Transfer Agent shall charge, and the Participant agrees to pay to the Transfer Agent, the Transaction Fee prescribed in the Prospectus and such additional amounts as may be prescribed pursuant to the Prospectus. Such Transaction Fee and additional amounts, if any, shall be included in the calculation of the Cash Component or Cash Redemption Amount payable or to be received, as the case may be, by the Participant in connection with the creation or redemption order.

  • Issuance Fee In addition to the foregoing commission, the Borrower shall pay to the Administrative Agent, for the account of the Issuing Lender, an issuance fee with respect to each Letter of Credit as set forth in the Fee Letter. Such issuance fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter commencing with the first such date to occur after the issuance of such Letter of Credit, on the Maturity Date and thereafter on demand of the Administrative Agent.

  • Rental Fee Is for one day only from 8:00 am to 12:00 midnight. Groups or Individuals requiring more than one day for their event will be charged a rental fee for each day required – no exceptions.

  • CONTRACT FEE An annual charge for administration expenses made on each contract anniversary prior to the Maturity Date.

  • Disposition Fee If the Advisor or an Affiliate of the Advisor provides a substantial amount of services (as determined by a majority of the Independent Directors) in connection with the Sale of one or more Properties, the Advisor or such Affiliate shall receive at closing a disposition fee equal to the lesser of (i) two percent (2.0%) of the Contract Sales Price of such Property or Properties, or (ii) fifty percent (50.0%) of a Competitive Real Estate Commission given the circumstances surrounding the sale (the “Disposition Fee”). In each case in which a Disposition Fee may be payable, the precise amount of the fee within the limits set forth in the preceding sentence shall be determined by the Board, including a majority of the Independent Directors, based upon the extent of the services provided by the Advisor or its Affiliate and market norms for the services provided. Notwithstanding anything to the contrary herein, no Disposition Fee shall be payable to the Advisor or its Affiliate for Property Sales if such Sales involve the Company selling all or substantially all of its Properties in one or more transactions designed to effectuate a business combination transaction (as opposed to a Company liquidation, in which case the Disposition Fee would be payable if the Advisor or an Affiliate provides a substantial amount of services as provided above). Any Disposition Fee payable under this section may be paid in addition to real estate commissions paid to non-Affiliates, provided that the total real estate commissions (including such Disposition Fee) paid to all Persons by the Company for each Property shall not exceed an amount equal to the lesser of (i) six percent (6.0%) of the Contract Sales Price of the Property or (ii) the Competitive Real Estate Commission for the Property.

  • Loan Fee Borrower agrees to pay Lender a single loan fee per Loan (a “Loan Fee”) equal to $0.001 per Loaned Share. The Loan Fee shall be paid by Borrower on or before the time of transfer of the Loaned Shares pursuant to Section 2(d) on a delivery-versus-payment basis through the facilities of the Clearing Organization.

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