Consideration Fee definition
Examples of Consideration Fee in a sentence
This additional term will be based on a Consideration Fee of Twenty-five dollars ($25.00)/Undeveloped Acre, or an increased number of w▇▇▇▇ to be drilled and completed during this term, or a combination of these two provisions.
By way of example only, Exhibit 9.1 reflects a sample calculation of the KP Consideration Fee.
For clarity, if Minimum Royalties are due in the same period as any Consideration Fee, the Royalty due in such period will equal (a) the Minimum Royalty if the aggregate of the Revenue Royalty and each Consideration Fee is less than the Minimum Royalty or (b) the aggregate of the Revenue Royalty and each Consideration Fee if such aggregate amount is greater than the Minimum Royalty.
The Seller/Optionor shall not refund or credit the Option Consideration Fee if the Buyer/Optionee defaults in the Lease Agreement, fails to close on the conveyance, or otherwise does not exercise the option to purchase.
Landlord’s agreement to reduce the obligations of Tenant under the Lease as set forth above in this Second Amendment is expressly conditioned upon Landlord receiving and retaining each and every benefit of its bargain under this Second Amendment, expressly including, without limitation, the ability to receive, retain, and apply the Consideration Fee as set forth in Section 5 above.
Consideration Fee Schedule Total Consideration (in millions of US$) Annual Fee (in US$) [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] All Consideration Fees under (i) and (ii) above are due in the year they are accrued and payable along with the royalty report pursuant to Section 4.5 irrespective of whether Minimum Royalties are payable for the same period.
LICENSEE hereby agrees to pay UFHSA a Consideration Fee in the sum of ($ ) for the use of the Premises as set forth in this Agreement plus $ (SIX percent (6%) of that sum representing Florida state sales tax.) Said Consideration Fee is due and payable no later than forty-five (45) days prior to the scheduled date of event.
Aggregate Consideration Fee Percentage ----------------------- -------------- Below $50 million 1.75% $100 million 1.50% Greater than or equal to $150 million 1.25% The applicable Transaction Fee percentage for Aggregate Consideration amounts which fall between the amounts listed above Centennial Cellular Corp.
If UFHSA fails to receive said Consideration Fee within the specified time, LICENSEE shall forfeit all deposits and all rights as set forth in this Agreement.
The Stock Consideration Fee shall be paid by Licensee and Parent to Licensor in consideration for the grant of the License in 1,035,905 shares (the “Stock Consideration”) of Parent’s common stock, par value $0.0001 per share (the “Parent Stock”) equal to the Stock License Fee divided by the value of $5.00 per share.