First Fee definition

First Fee is defined in Section 11.13.
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Examples of First Fee in a sentence

  • In consideration of the sum of FIFTY THOUSAND AND --------------- NO/ 100 DOLLARS ($50,000.00) (hereinafter referred to as the "First Fee") to be paid to the Company upon execution hereof, the Company hereby grants to divine interVentures, inc.

  • This Agreement and the rights of the Tenant hereunder will be subject and subordinate to the First Fee Mortgage.

  • The First Fee will be converted using the PTAX Rate on the business day previous to the date when the deposit in the Escrow Agreement (as defined below) is made.The Subsequent Fees will be obtained on the applicable anniversary of the Plan Confirmation Date.

  • Xxxxxx First Fee 166 Xxxx Xxxxxx, Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxx Xxxxxx, Melbourne Xxxxxxxxx First Fee 167 WP Xxxxx First Fee 000 Xxxxx Xxxxxx Xxxxxxxx, MD First Fee 169 WP Xxxxx First Fee 170 Stone Development, Xxx Xxxxx, Jr., J.

  • Landlord shall not modify or amend the terms of the First Fee Mortgage or refinance or increase the mortgage amount without the prior written consent of Tenant.

  • The First Fee shall be paid in full, in cash and in U.S. dollars no later than (i) the date occurring six months after the Plan Confirmation Date and (ii) the Consummation Date (such date, the “First Date of Payment of the First Commitment“).

  • The Parties hereby terminate the License Agreement upon payment of the First Fee, provided in Section 4.1(a)(i), and release each other from any and all claims and obligations arising under the License Agreement before the date of such termination.

  • Subject to the terms of the Lease Agreement, the Purchase Option hereby granted shall be and is hereby made subject and subordinate to the First Fee Mortgage.

  • This standstill obligation shall commence upon the Effective Date and, subject to FEI's timely payments to EcoloCap pursuant to Section 1.4, shall expire (a) on March 15, 2012, if FEI has paid the First Fee to EcoloCap or (b) on March 31, 2012, if FEI has also paid the Second Fee to EcoloCap, unless otherwise agreed in writing by the Parties ("Standstill Period").

  • No property insurance claims where such claim exceeds Five Million Dollars ($5,000,000.00) shall be settled and no agreements will be made in respect of any Award without, in each case, the prior written consent of the First Fee Mortgagee, not to be unreasonably withheld, conditioned or delayed, unless otherwise provided in the applicable Fee Mortgage Documents.

Related to First Fee

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Base Fee $60 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $22,931.51 Performance Fee: $40 million (Avg Daily Net Assets for rolling 12-month period) * -0.25% * (31/365) = $(8,493.15) Total Fulcrum Fee: $14,438.36 = $22,931.51 (Base Fee) - $8,493.15 (Performance Fee)

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Annual Fee has the meaning stated in Section 4.02(a).

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Success Fee has the meaning set forth in Section 2.2(f).

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Initial Fee means any fee charged to initiate a contract

  • Entrance fee means money paid in a lump sum or installments or property transferred pursuant to a continuing care agreement before initiation of continuing care for 1 or more individuals and that confers the right to the continuing care.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Work-out Fee means a fee payable with respect to any Rehabilitated Mortgage Loan (other than any Non-Serviced Mortgage Loan), Serviced Companion Mortgage Loan or B Note, equal to the product of (x) 1.0% and (y) the amount of each collection of interest (other than default interest and any Excess Interest) and principal received (including any Condemnation Proceeds received and applied as a collection of such interest and principal) on such Mortgage Loan, Serviced Companion Mortgage Loan or B Note for so long as it remains a Rehabilitated Mortgage Loan.

  • Break Fee means an amount to compensate a Proponent for some of the costs the Proponent had incurred in developing and submitting a Proposal in the event that the RFP Process is cancelled, as determined by the Sponsors in accordance with RFP Section 10.3.3;