M&A Fee definition
Examples of M&A Fee in a sentence
If Consultant provides any material assistance to the Client in a merger, acquisition or asset purchase of an entity ("Business Opportunity"), which assistance includes (but is not limited to) introducing the Business Opportunity to the Client or helping to prepare documents used in negotiating such Business Opportunity, Client agrees to pay Consultant 9.9% of the gross value of such transaction with a Business Opportunity ("M&A Fee").
The Client will pay each M&A Fee or Consultant's Fee in cash, shares of the Client's stock or the stock of the Business Opportunity or the Asset Opportunity, or in like kind.
The M&A Fee shall be due and payable to Consultant within fifteen (15) days following the close of the applicable transaction.
The Initial Fee, Consultant's Fee, M&A Fee and any other shares issued pursuant to this Agreement are in addition to any preferred shares paid to Consultant for services rendered.
If this Agreement is terminated by the Company for any other reason, or by Consultant for the reasons set forth in B(i) through (v) above, the Company shall pay Consultant for unreimbursed expenses, for any M&A Fee accrued up to and including the effective date of termination, and for the balance of the Consultant's Fee for the remainder of the unexpired term of this Agreement.
For purposes of determining Consultant's M&A Fee, the Company's shares shall be valued at $.10 per share.
If Consultant terminates this Agreement without relying on one of the conditions listed in B(i) through (v) above, or if this Agreement is terminated by mutual written agreement before the Primary Term expires, or if the Company terminates this Agreement for the reasons set forth in A(i) and (ii) above, the Company shall only pay Consultant for unreimbursed expenses and for any M&A Fee and/or Consultant's Fee accrued up to and including the effective date of termination.
The M&A Fee and the Finder’s Fee (if applicable) are due and payable in cash to the Advisor by wire transfer at the closing of the Business Combination (“Closing”) from the Trust Account (as defined below); provided that the Finder’s Fee shall not be paid prior to the date that is 60 days from the effective date of the Registration Statement unless the Financial Industry Regulatory Authority determines that such payment would not be deemed underwriters’ compensation in connection with the IPO.
The M&A Fee payable to the Consultant pursuant to this Agreement shall not exceed five hundred thousand dollars ($500,000).
If the Company decides to pay the Consultant Fee or the M&A Fee with shares of its common stock such shares shall be registered and payable with 5 days of the event giving rise to the Company's obligation to pay Consultant.