Diligence Fee definition

Diligence Fee means fees (not to exceed $35,000 annually) payable by Seller to Buyer in respect of Buyer's legal and other expenses incurred in connection with its review of the Diligence Materials.

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Diligence Fee means fees (so long as no Event of Default is continuing, not to exceed $50,000 annually with respect to this Agreement and the Securities Repurchase Agreement) payable by Seller to Buyer in respect of Buyer’s out-of-pocket expenses (other than legal expenses) incurred in connection with its review of the Diligence Materials hereunder and under the Securities Repurchase Agreement.

Diligence Fee has the meaning set forth in Section 6.26.

Examples of Diligence Fee in a sentence

The Due Diligence Fee will be payable out of funds held pursuant to the Escrow Agreement.
The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b).
Borrower shall pay the Due Diligence Fee to Lender promptly upon the execution of this Agreement and annually thereafter.
Except as stated in section 1.34 of this Agreement, each of the parties shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, except that the Company shall pay a non-refundable Structuring & Due Diligence Fee of Ten Thousand Dollars to Investor.
In the event that AIR or any of its Affiliates exercises its right of first offer pursuant to the MLA (the “MLA ROFO”) and acquires any New Property pursuant to the terms of the MLA ROFO, then Owner shall not be obligated to pay to Manager the Acquisition Diligence Fee.
The Due Diligence Fee has been paid by Borrowers prior to the Closing Date.
All interest and other amounts (other than principal) theretofore accrued and owing hereunder or under the Due Diligence Fee Agreement shall be paid in full prior to or concurrent with such conversion.
The Due Diligence Fee will be payable on the Closing Date out of funds held pursuant to the Escrow Agreement.
The effectiveness of this Loan and Security Modification Agreement is conditioned upon payment of the Facility Fee and the Renewal Due Diligence Fee.
The Due Diligence Fee will include all due diligence work in connection with S▇▇▇▇▇ Securities Clearing, LLC or its affiliates under this agreement, and shall further include all due diligence work for the first two properties (or entities) (“Acquisitions”) to be acquired by the Company.

More Definitions of Diligence Fee

Diligence Fee means fees, costs and expenses (so long as no Event of Default is continuing, not to exceed $30,000 annually or such prorated amount as shall be applicable for the 2010 calendar year) payable by Seller to Buyer in respect of Buyer’s out-of-pocket fees, costs and expenses (other than legal expenses and desk reviews) incurred in connection with its review of the Diligence Materials hereunder and Buyer’s continuing due diligence reviews of Purchased Loans pursuant to Section 21 or otherwise hereunder. Buyer’s current fee for a desk review of a third party report is $500.

Diligence Fee means $250, or such other amount as may be determined from time to time upon agreement of the Manager and the Company.

Diligence Fee means those documented actual out-of-pocket fees, costs and expenses reasonably incurred by Buyer and any third party appointed by Buyer, in connection with its review of the Diligence Materials hereunder and Buyer’s continuing due diligence reviews of Purchased Loans pursuant to Section 21 or otherwise hereunder.