Delay Fee definition

Delay Fee shall have the meaning assigned to it in Section 3(a) hereof.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Delay Fee means an amount equal to a percentage of the Manufacture Fee due Manufacturer from Alnylam for a delayed Batch, as specified in Section 4.10(b).

Delay Fee means a daily charge per share of Registrable Securities, calculated at the rate of 6% per year (based on a 365 day year) on the aggregate Market Value, as of the first date of any period for which the Delay Fee is applied, multiplied by the number of Registrable Securities that each Investor holds on the relevant date (subject to equitable adjustment in the case of securities other than Common Stock).

Examples of Delay Fee in a sentence

Landlord's sole remedies for breach of these obligations shall be limited to specific performance and/or payment of the Delay Fee, and Tenant waives all defenses, except defense of performance, in any action brought by Landlord to enforce its rights under this Section.
If the Equipment is not available, you will be subject to pay a Post-Closing Delay Fee.
If the Equipment is not available, you will be subject to pay a Post‐Closing Delay Fee.
All interest and fees under the Finance Documents (including, for the avoidance of doubt, the Commitment Fee, the Pre-Disbursement Delay Fee and any fee payable under any Fee Letter, and excluding any “flat” fees) shall be calculated on the basis of the actual number of days elapsed over a year comprised of three hundred and sixty (360) days.
Notwithstanding the foregoing, the amount of Delay Fee payable shall not increase because more than one Registration Default has occurred and is pending.

More Definitions of Delay Fee

Delay Fee has the meaning set forth in Section 4.5(c).

Delay Fee has the meaning set forth in Section 2.2.1(b).

Delay Fee means all costs (including, but not limited to hourly rates) incurred by Annric Bulk Haulage due to delays (including, but not limited to delays in accessing the delivery site) encountered by Annric Bulk Haulage that are caused by the Client.

Delay Fee shall have the meaning ascribed to that term in ss.7.1(g) hereof.

Delay Fee means with respect to any Existing Notes, an amount equal to the amount of interest that would accrue during any Delay Period with respect to such Existing Notes equal to the difference between the Delay Period Rate and the rate of interest that would otherwise be applicable during such Delay Period.

Delay Fee means the fees described as follows. If Tenant breaches an obligation under this Lease for which a Delay Fee is expressly made a remedy, Landlord may give a Notice of Default to Tenant, which Notice of Default shall specify the Minor Default in reasonable detail, and shall provide that failure to remedy the specified default within ten (10) Business Days of such Notice of Default shall result in a Delay Fee. If Tenant fails to remedy the specified default within ten (10) Business Days of such notice, a Delay Fee in the amount of $250 (except in the case of utilities under Section 4.6 of this Lease, for which it shall accrue at $500 per day), not to exceed $25,000.00 in the aggregate for any one specified default, shall be paid by Tenant for each day the specified default remains uncured beginning on the date of the Notice of Default. The amount of the Delay Fee and the aggregate cap shall each increase by 20% on the tenth (10th) anniversary of the Commencement Date and on each tenth (10th) anniversary thereafter. Demand for a Delay Fee by Landlord, and payment thereof by Tenant, shall not preclude or delay the Landlord from bringing an action for specific performance for the same Minor Default.

Delay Fee means, for any date, a daily charge equal to .000333333% of the product of (i) the number of unregistered Buyer Shares held by the Seller on such date and (2) the closing sales price of Buyer Stock on that date;