Sourcing Fee Sample Clauses

A Sourcing Fee clause defines the payment owed to a party for identifying, introducing, or facilitating a business opportunity, supplier, or client. Typically, this fee is calculated as a percentage of the value of the transaction or as a fixed amount, and it becomes payable upon the successful completion of a deal or contract. The core function of this clause is to ensure that the party responsible for sourcing receives fair compensation for their efforts, thereby incentivizing introductions and clarifying financial obligations between the parties involved.
POPULAR SAMPLE Copied 17 times
Sourcing Fee. Summit Expense Account ------------------------------------ 4.1 The Sourcing Fee shall be paid to Kyle Williams as compens▇▇▇▇▇ ▇▇▇ ▇▇▇ services rendered and to be rendered for and on behalf of Summit in connection with its entering into, and performance of, this Agreement. The Sourcing Fee shall be paid by GulfWest from the Advanced Funds pursuant to Section 5.3 hereof, and shall be paid to Kyle Williams within fiv▇ ▇▇▇▇▇▇▇▇ ▇▇ys of GulfWest receiving verification that the full amount of the Advanced Funds have been deposited in a mutually agreed Federal Deposit Insurance Corporation (FDIC) member banking institution and that such funds are available for withdrawal as provided by this Agreement. 4.2 The Summit Expense Amount shall be paid to Summit to cover costs and expenses incurred by Summit in connection with its entering into, and performance of, this Agreement, and any other costs and expenses incurred by Summit in connection with this Agreement. The Summit Expense Amount shall be paid from the Advanced Funds as provided in Section 5.3 below, and shall be paid within five (5) business days of GulfWest's receipt of a monthly expense invoice submitted by Summit
View SourceView Similar (2)
Sourcing Fee. If the Advisor sources a property that the Company acquires, and if the Property, net of all fees and expenses, will have a yield that is reasonably expected to generate MFFO sufficient to fully cover an 8.0% distribution, then the Company will pay to the Advisor a Sourcing Fee of up to 1% of the Contract Purchase Price of each such Property acquired. The Sourcing Fee will be reduced by any amounts received by the Advisor or its Affiliates from the seller of the Property in excess of 1% of the Contract Purchase Price of the Property and by any amount necessary to support the 8.0% distribution threshold. The Company will not pay a Sourcing Fee for any Properties that the Advisor identifies for the Company that includes a third-party broker commission, unless the Company’s board of directors otherwise determines.
View Source
Sourcing Fee. The fees payable to the Advisor pursuant to Section 3.01(g) of this Agreement.
View SourceView Similar (3)
Sourcing Fee. In the event that HBK elects pursuant to Section 1.1 to fund a Venture, HBK shall pay to the Company a fee equal to three percent (3%) of the purchase price for the Portfolio purchased by the Venture (the "Sourcing Fee") with the understanding that no monies in the Operational Reserve or Additional Reserve shall be included in the calculation of the Sourcing Fee. The Sourcing Fee shall be due and payable to the Company at closing of the acquisition of the Portfolio by the Venture, in cash, by wire transfer of immediately available funds to an account designated in writing by the Company. From time to time properties or promissory notes acquired as part of a Portfolio may be returned to the seller of the Portfolio by a Venture due to title or other issues and the purchase price is returned to MAC, in which case such returned purchase price and the previously paid 3% Sourcing Fee attributable to such returned purchase price will be paid over to HBK.
View Source
Sourcing Fee. If the Advisor sources a property that the Company acquires, and if the Property, net of all fees and expenses, will have a yield that is reasonably expected to generate funds from operations, as modified, sufficient to 100% cover an 8.0% distribution, then the Company will pay to the Advisor a Sourcing Fee of up to 1% of the Contract Purchase Price of each such Property acquired. The Sourcing Fee will be reduced by any amounts received by the Advisor or its Affiliates from the seller of the Property in excess of 1% of the Contract Purchase Price of the Property and by any amount necessary to support the 8.0% distribution threshold. The Company will not pay a Sourcing Fee for any Properties that the Advisor identifies for the Company that includes a third-party broker commission, unless our Board otherwise determines.
View Source
Sourcing Fee. If the Advisor sources a property that the Company acquires, and if the Property is reasonably expected to generate MFFO sufficient to produce at least an 8.0% current yield, then the Company will pay to the Advisor a Sourcing Fee of up to 1% of the Contract Purchase Price of each such Property acquired. The Sourcing Fee will be reduced by any amounts received by the Advisor or its Affiliates from the seller of the Property in excess of 1% of the Contract Purchase Price of the Property and by any amount necessary to support the 8.0% yield threshold. The Company will not pay a Sourcing Fee for any Properties that the Advisor identifies for the Company that includes a third-party broker commission, unless the Company’s board of directors otherwise determines.
View Source

Related to Sourcing Fee

  • Distribution Fee The distribution fee payable to the Dealer Manager as additional compensation for serving as the dealer manager for the Offering and reallowable to Soliciting Dealers with respect to Shares sold by them, as described in the Corporation’s Prospectus.

  • Financing Fee Except in the case of any PIK Loan, each Lender shall have received its portion of the fees payable pursuant to Section 2.03. Each Borrowing shall constitute a certification by the Borrower to the effect that the conditions set forth in this Section 6.03 have been fulfilled as of the applicable Borrowing Date.

  • Structuring Fee In consideration for the time, effort and expense involved in the preparation, negotiation and execution of this Agreement, at the time of the execution and delivery of this Agreement by the Company and Prudential, the Company will pay to Prudential in immediately available funds a fee (the “Structuring Fee”) in the amount of $25,000.

  • Distribution Assistance Fees (Asset-Based Sales Charge) Payments In its sole discretion and irrespective of whichever alternative method of making service fee payments to Recipients is selected by the Distributor, in addition the Distributor may make distribution assistance fee payments to a Recipient quarterly, or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days after the end of each calendar quarter or other period, at a rate not to exceed 0.1875% (0.75% on an annual basis) of the average during the period of the aggregate net asset value of Shares computed as of the close of each business day constituting Qualified Holdings owned beneficially or of record by the Recipient or its Customers until such Shares are redeemed or converted to another class of shares of the Fund, provided, however, that a majority of the Independent Trustees may, but are not obligated to, set a time period (the "Recipient Maximum Holding Period") for making such payments. Distribution assistance fee payments shall be made only to Recipients that are registered with the SEC as a broker-dealer or are exempt from registration. The distribution assistance to be rendered by the Recipients in connection with the sale of Shares may include, but shall not be limited to, the following: distributing sales literature and prospectuses other than those furnished to current Shareholders, providing compensation to and paying expenses of personnel of the Recipient who support the distribution of Shares by the Recipient, and providing such other information and services in connection with the distribution of Shares as the Distributor or the Fund may reasonably request.

  • Processing Fee ▇▇▇▇▇▇▇▇ agrees to pay Purchaser the Processing Fee listed on the first page of this Agreement to reimburse Purchaser for expenses incurred in processing Merchant’s application, providing toll-free access to customer service representatives, filing and terminating UCC financing statement(s) against Merchant and fees that Purchaser pays any other person for referring Merchant to Purchaser and assisting with the origination of the sale of the Future Receipts. Purchaser will deduct the amount of the Processing Fee from the Purchase Price that is to be paid to Merchant.