Continuation Fee definition

Continuation Fee has the meaning specified in Section 2.11(c).
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Continuation Fee means a fee due and payable only if the Credit Party Obligations have not been paid in full on or before March 31, 1999, which fee shall equal (a) 0.25% of the Credit Exposure on the Fee Determination Date that occurs on March 31, 1999, plus (b) 0.50% of the Credit Exposure on each ---- subsequent Fee Determination Date, which Continuation Fee shall be earned and payable on each Fee Determination Date, but payment shall be deferred until the date upon which the Credit Party Obligations are paid in full, or at final maturity of the Credit Party Obligations, whichever first occurs. As used herein, "Fee Determination Date" shall mean the last day of each fiscal quarter of Holding, commencing March 31, 1999.
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Continuation Fee means a Seventy-Five Million Dollar ($75,000,000) fee to be paid in accordance with Section 4.1.2(a) in the event that Gilead delivers a Continuation Notice.
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Examples of Continuation Fee in a sentence

  • Each Exclusivity Continuation Fee, if any, shall be paid in six (6) equal installments, with the first installment due within ten (10) Business Days after the calculations to determine the Exclusivity Continuation Fee for the applicable Exclusivity Test Period are finalized, and the remaining five (5) installments paid on the next five (5) anniversaries of the payment of the first installment for the applicable period.

  • Vistana may prepay any Exclusivity Continuation Fee without penalty.

  • If Vistana fails to cure any payment failure within such thirty (30) day period, then the entire outstanding amount of the Exclusivity Continuation Fee shall become immediately due and payable.

  • In the event Owner terminates the Agreement pursuant to Section 19.5(b) and Owner fails to pay the License Continuation Fee identified in Section 19.5(c)(ii), then the warranty obligations contained in Sections 12.4(b), (c), (d) and (f) shall immediately cease and terminate.

  • If Galderma has not paid the Continuation Fee on or before March 31, 2011, then NovaBay may terminate this Agreement on notice to Galderma referencing this Section 12.4.

  • In the event that Owner terminates this Agreement pursuant to Section 19.5(b) and fails to pay the License Continuation Fee, if any, by the date such License Continuation Fee is due pursuant to Section 19.5(c)(ii), then the foregoing license shall immediately cease and terminate.

  • The payments set forth in this Section 8.4 shall each be due and payable to NovaBay upon the later of (i) payment of the Continuation Fee, and (ii) thirty (30) days of the achievement (or deemed achievement) of the corresponding Milestone Event set forth above.

  • After the completion of the Acne POC but prior to the payment of the Continuation Fee upon thirty (30) days’ written notice to NovaBay referencing this Section 12.2.2, if Galderma reasonably determines that the results of the Acne POC do not warrant further Development of an Acne Product, which notice shall include the rational and results from the Acne POC upon which such determination was made.

  • The Client shall pay a non-refundable payment for the Project Continuation Fee $ [ * ]+ [ * ] and [ * ] $ [ * ] for a total of $ [ * ] upon signed delivery of the proposal to Catalent.

  • For clarity and notwithstanding anything in Section 8.2.1 to the contrary, NovaBay agrees the Continuation Fee despite being paid after 1 October 2010 shall be $3,250,000.


More Definitions of Continuation Fee

Continuation Fee means a continuation fee for the purposes of paragraph 142 (2) (d) of the Act;
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Continuation Fee shall have the meaning assigned to such term in Section 3.5(e).
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