Work Fee means the fee charged by the initial Issuing Lender in connection with any issuance or amendment of any Letter of Credit, which Work Fee shall in no event exceed (i) $1,500 per Letter of Credit issued by such initial Issuing Lender with respect to any issuance thereof and (ii) $250 per Letter of Credit issued by such initial Issuing Lender with respect to any amendment thereof.
Work Fee means the non-refundable work fee of $35,000 + GST payable to the Agent pursuant to the Agency Agreement.
Work Fee has the meaning ascribed thereto in Section 8.1.
Examples of Work Fee in a sentence
The Contractor hereby agrees to accept the Scope of Work, Fee, and Term set forth in each Work Order.
The performance by the Contractor of the Scope of Work shall at all times be governed by the terms and conditions of this Agreement, subject to the Scope of Work, Fee, and Term set forth in the Work Order.
This Extra Work Fee Schedule is a Mandatory contract obligation upon all bidders.
The parties agree that CONSULTANT will provide the SERVICES specified in Section 2 (SCOPE OF WORK) and CITY agrees to pay CONSULTANT the Contract’s compensation based upon Time and Materials and the Scope of Work Fee Schedule for a not to exceed maximum amount of (Amount written out in words) Dollars and 00/100 ($XXX,000.00), and hereinafter referred to as “Contract Sum”.
Upon the City’s receipt of a complete Application, the City will invoice the Licensee for a non-refundable Preparatory Work Fee.
More Definitions of Work Fee
Work Fee means the $15,000 (plus GST) payable by the Corporation to the Agent, pursuant to the Agency Agreement. PROSPECTUS SUMMARY The following is a summary of the principal features of this distribution and should be read together with the more detailed information and financial data and statements contained elsewhere in this Prospectus. Business of the Corporation The Corporation is engaged in the business, pursuant to the Option Agreement, of exploration of mineral properties. The Corporation holds an option to acquire a 100% interest in the Triple 9 Property as described herein. The Corporation’s objective is to explore and develop the Triple 9 Property. See "Narrative Description of the Business". The Property The Triple 9 Property consists of two (2) mineral claims covering approximately 717 hectares in the Kamloops mining division, British Columbia, six (6) kilometres northwest of Sicamous, British Columbia, with the Corporation having carried out an initial exploration program in May, 2019. The Corporation has the Option to acquire 100% of the Triple 9 Property exercisable by the Corporation issuing to the Optionors a total of 2,050,000 Common Shares and making aggregate cash payments of $1,035,000. See “Narrative Description of the Business”. Offering The Corporation is offering a minimum of 3,000,000 Shares and a maximum of 10,000,000 Shares for sale in the Selling Provinces, at the Offering Price of $0.10 per Share for gross proceeds of a minimum $300,000 and a maximum $1,000,000. The Offering is being made on a commercially reasonable efforts basis by the Agent. See “Plan of Distribution”. Use of Proceeds It is estimated that the net proceeds to be received by the Corporation from the Offering, after deduction of the remaining Offering and listing expenses, will be approximately $200,545 if the Minimum Offering is completed and $830,545 if the Maximum Offering is completed. The net funds will be combined with the Corporation’s existing working capital balance of $109,800 as at December 31, 2019, for total available funds of $310,345 in the event of the Minimum Offering and $940,945 in the event of the Maximum Offering which will be used by the Corporation as follows:
Work Fee means a fee in the amount of $25,000 payable to Lender pursuant to, and upon occurrence of the events described in, Section 2.5(d).
Work Fee has the meaning ascribed thereto in Section 19 of this Agreement;
Work Fee has the meaning ascribed thereto in the opening paragraphs of this Agreement.
Work Fee means work fee payable to the Participating Scheme Creditors who constitute the Steering Committee as described in the RSA
Work Fee is defined in Section 2.18 hereof.
Work Fee means, in respect of Original Consenting Noteholders entitled to such fee in accordance with Clause 4.2 (Work Fee), a fee calculated by applying the following formulae with respect to any Locked-Up Notes Debt held by that Original Consenting Noteholder: × (€500 + ($300 ∗ )) × 1.0% where: A = the principal amount of Locked-Up Notes Debt denominated in EUR and USD held by that Original Consenting Noteholder, where USD is converted to EUR at a publicly available spot rate of exchange selected and agreed between the Company and the Ad Hoc Group Financial Adviser (each acting reasonably) at or about 11:00