Success Fee definition

Success Fee means the fee to be paid by PURCHASER to SELLER as specified in Exhibit D upon successful FDA Approval.

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Success Fee means the portion of any Capital Proceeds, determined in the manner set forth in Section 7.1(b) hereof, payable to the Asset Manager.

Success Fee has the meaning set forth in the Schedule.

Examples of Success Fee in a sentence

• The formula for calculating the Success Fee above assumes that the Change in Control is for 100% of the stock of the Company.

• Bank (as successor in interest to Signature Bank) and Borrower are parties to that certain Success Fee Agreement, dated as of December 20, 2022 (the “Success Fee Agreement”).

• Effective as of the Third Amendment Effective Date, the Success Fee Agreement is hereby terminated in its entirety and shall have no further force or effect, and neither Bank nor Borrower shall have any further obligations or liabilities thereunder.

• For illustrative purposes only, if the Net Proceeds are $350,000,000, the Success Fee (if 100% vested) would be $12,500,000 (calculated as 5% of ($350 million minus $100 million)).

• The Market Cap Severance will vest to the same extent and on the same schedule as the Success Fee; provided however, that no Market Cap Severance shall be earned or payable if, within one year following the Start Date, Executive voluntarily terminates employment for a reason other than Good Reason, death or Disability.

More Definitions of Success Fee

Success Fee means the percentage of the Firm Fees which are added to the Client's bill if the Client Wins the Claim, together with VAT thereon.

Success Fee means any fee under a contingency fee agreement which is higher than the normal fees of an attorney-at-law but does not include a percentage of the amount or of the value of property recovered in an action or proceedings.

Success Fee means the amount You will have to pay to Us for the Claims Services, as detailed in Clause 5 of this Agreement.

Success Fee means the “Success Fee” as defined and described in that certain Success Fee Agreement dated as of August 28, 2014, between Borrower and Oxford Finance LLC, a true and correct copy of which was delivered by Borrower to Lender prior to the Closing Date.

Success Fee means, with respect to each Liquidation Sale, an amount equal to the product of (i) the Net Profit Margin for such Liquidation Sale, multiplied by (ii) the Success Fee Percentage for such Liquidation Sale.

Success Fee has the meaning set forth in Section 2.11(d).

Success Fee is defined in Section 2(c).