Second Fee definition

Second Fee is defined in Section 11.13.
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Second Fee means, for (a) Stage A2 of Work Plan 1, a fee in the amount of [***], (b) Stage A3 of Work Plan 2, a fee in the amount of [***] and (c) Stage A2 of Work Plan 3, a fee in the amount of [***], in each case, plus Value Added Tax (to the extent applicable), which fee shall be payable by Ophthotech to Midatech in accordance with the terms of this Agreement following initiation of, in the case of each of Work Plans 1 and 3, Stage A2, and, in the case of Work Plan 2, Stage A3.
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Second Fee has the meaning given to such term in Section 5(a).
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Examples of Second Fee in a sentence

  • For clarity, the aggregate fees to be paid by Ophthotech in relation to the Initial Study consist of the Initial Fee, the Second Fee and the Third Fee.

  • If the First Fee is payable in accordance with this paragraph 6, it shall be paid on 1 July 2022 and if the Second Fee is payable in accordance with this paragraph 6, it shall be paid on 3 October 2022.

  • The First Fee shall only be payable if all of the Facility A Commitments have not been cancelled on or before 30 June 2022 and the Second Fee shall only be payable if all of the Facility A Commitments have not been cancelled on or before 30 September 2022.

  • The Second Fee shall be refundable to Borrower in the event the Loan does not close; PROVIDED, HOWEVER that in the event the Loan does not close and the Borrower is obligated to pay a Break Up Fee pursuant to Section 13(a)(11) hereof, the Second Fee shall not be refundable.

  • If prior to the Second Fee Payment Date the Merger Agreement has been terminated without the Acquisition having been consummated, no additional upfront fees shall be earned or payable.

  • Additional upfront fees on an amount equal to the excess, if any, of (i) the aggregate Commitments of all Lenders existing on the Second Fee Payment Date over (ii) $2,500,000,000 shall be fully earned, and payable by the Borrowers in full, on the Second Fee Payment Date, unless prior to the Second Fee Payment Date the Merger Agreement has been terminated without the Acquisition having been consummated.

  • Any fee payable in accordance with this paragraph 6 shall be payable by the Borrower to the Agent for the account of each Lender pro rata to the Facility A Commitments that are held by that Lender on 1 July 2022 (in the case of the First Fee) and on 1 October 2022 (in the case of the Second Fee).

  • Subsequent to payment of Second Fee to Newco, Newco will provide OPO with certain software development services (“Professional Services”), which may be provided in order to add new features and functionality to the Software, which are not contemplated in Schedule A.

  • The Borrower agrees to pay to the Lender, on the Borrowing Date, a fee (the "Third Fee", and together with the Initial Fee and the Second Fee", the "Upfront Fee") equal to the excess of (i) 1.08333% of the principal amount of the Loan funded on the Borrowing Date over (ii) the aggregate amount of the Initial Fee and the Second Fee previously paid by the Borrower to the Lender.

  • 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").

Related to Second Fee

  • Front End Fees means fees and expenses paid by any party for any services rendered to organize the Company and to acquire assets for the Company, including Organization and Offering Expenses, Acquisition Fees, Acquisition Expenses, and any other similar fees, however designated by the Board.

  • Loan Fee shall have the meaning assigned in Section 5.1.

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

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

  • Initial Fee means any fee charged to initiate a contract

  • 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.

  • Upfront Fees means, with respect to any Receivable, the sum of any fees charged by Holdings or the Receivables Account Bank, as the case may be, to a Receivables Obligor in connection with the disbursement of a loan, as set forth in the Receivables Agreement related to such Receivable, which are deducted from the initial amount disbursed to such Receivables Obligor, including the “Origination Fee” set forth on the applicable Receivable Agreement.

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

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

  • 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;

  • Initiation fee means a fee charged by us to you in order to create a credit facility for you;

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.

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

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

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

  • 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.

  • Interim Payment has the meaning specified in Section 10.1.

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 2% above the Base Rate.

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

  • 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.

  • Closing Fee has the meaning set forth in Section 2.09(c).