Deferred Fees. Upon the consummation of a Business Combination, the Company shall, in accordance with Section 1.1.3, pay the Deferred Fees to Mxxxxx Xxxxxx & Co. These payments shall be made by wire transfer to an account designated by the Representative on the closing date of the Business Combination. The Company further agrees to reimburse the Representative for all reasonable out-of-pocket expenses, including, but not limited to, “road-show” and due diligence expenses in the event the Representative assists the Company in trying to obtain stockholder approval of a proposed Business Combination.
Deferred Fees. Pursuant to Section 3(c) of the Advisory Agreement, the Adviser has retained the right to elect to waive or defer all or a portion of the fees that would otherwise be paid to it. The Adviser shall not make any such elections with respect to the Sub-Adviser’s portion of such fees, without the prior written consent of the Sub-Adviser. The Adviser hereby undertakes to discuss any such election with the Sub-Adviser in advance and provide no less than five business days’ notice to the Sub-Adviser before the Adviser seeks to notify the Company of any such election. All or any part of the Adviser’s deferred fees not paid over to the Adviser with respect to any month, quarter or year shall be deferred without interest and may be paid over any specified later date, as the Adviser may determine, pursuant to written notice thereof to the Company at least 30 days but no more than 60 days prior to such specified date, and upon prior written consent of the Sub-Adviser. Upon receipt of such consent, the Adviser shall make the election on behalf of the Sub-Adviser and shall take any other actions reasonably necessary to cause the Company to pay such deferred fees directly to the Sub-Adviser on such specified date.
Deferred Fees. Notwithstanding any other provision of this Section 2, if Tri-Point fails to complete the Conditions for the Project by the Consolidation Deadline, any fees and use taxes that would have been due with respect to the Project in the absence of the foregoing waiver or credit shall be deemed to have been deferred and shall be paid to the City by Tri-Point on or before the issuance of a permanent certificate of occupancy or letter of completion for the Project. If not timely paid, the City may use any or all collection remedies available to it under the Loveland Municipal Code and shall be entitled to withhold the permanent certificate of occupancy or letter of completion for the Project until such amounts are paid in full.
Deferred Fees. INSYS shall deliver to APL payment of the DEFERRED FEES within ninety (90) days following each calendar quarter end at the address set forth above or via wire transfer to an account stipulated in writing by APL. INSYS shall pay APL interest at the rate of fifteen percent (15%) per annum on all DEFERRED FEES not paid when due. In the event DEFERRED FEES are collected through bankruptcy or through judicial proceedings by an attorney or placed in the hands of an attorney or agency for collection, INSYS agrees to pay the other party’s reasonable attorney’s fees and other costs of collection.
Deferred Fees. Subject to the occurrence of the Amendment No. 2 Effective Date, the Borrower agrees to pay to the Administrative Agent, for the account of each Term Loan Lender, deferred fees in the following amounts: (i) .25% of the principal amount of such Term Loan Lender's Term Loans outstanding on February 1, 2000, (ii) 1.00% of the principal amount of such Term Loan Lender's Term Loans outstanding on August 1, 2000 and (iii) 1.00% of the principal amount of such Term Loan Lender's Term Loans outstanding on January 30, 2001.
Deferred Fees. Pursuant to Sections 5.1 and 5.2 of the Development Agreement, Xxxxxxx currently owes City approximately $699,079 in Deferred Development Fees and approximately $242,076 in Deferred Permit Fees. City hereby waives the Deferred Permit Fees. Xxxxxxx hereby agrees to pay the Deferred Development Fees with interest at the rate described in Section 5.1 of the Development Agreement, from the Sales Tax Rebate otherwise payable to Xxxxxxx pursuant to Section 3.3 hereof; provided that if the actual or projected revenue from the Sales Tax Rebate Amount is not sufficient to repay in full the Deferred Development Fees during the Tax Rebate Period, then such excess shall be payable in not more than thirty-two (32) equal quarterly installments as additional rent under any GPLET Lease entered into pursuant to Section 3.4 hereof. Xxxxxxx hereby acknowledges and agrees that City shall be entitled to offset the Deferred Development Fees against the Sales Tax Rebate without any further authorization.
Deferred Fees. The Borrower shall pay to the Administrative Agent for the ratable account of the Lenders (determined on the basis of each Lender’s Term Loan B Percentage) a deferred fee (the “Deferred Fee”) (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) at a rate per annum equal to sixteen percent (16%) (the “Deferred Fee Rate”) on the unpaid principal amount thereof from the date the Term Loans B are advanced until maturity (whether by acceleration or otherwise), provided that if the Borrower repays all Obligations (other than accrued and unpaid deferred fees payable pursuant to this Section 2.4(c)) in full in cash and all Commitments are terminated in full on or before December 31, 2012, the Borrower shall have no obligation to pay any Deferred Fee pursuant to this Section
Deferred Fees. Pursuant to the terms of the Original Agreement, Century Capital is entitled to receive deferred fees in the amount of Three Hundred Thirty Three Thousand Five Hundred Sixty Three Dollars ($333,563) (the “Deferred Fees”) which shall be paid as follows:
Deferred Fees. Upon termination or expiry of this Agreement in circumstances where Red Rose has satisfactorily performed all its obligations hereunder, then, on the termination or expiry date Red Rose shall be entitled to, and SSNA and SSNZ shall pay within 5 business days of the termination or expiry date, the amounts specified under Schedule 3 attached hereto for the relevant period in which this Agreement terminates or expires (“Deferred Fees”) plus GST (if any). For this purpose, Red Rose shall be deemed to have satisfactorily performed all its obligations under this Agreement unless Red Rose has been grossly negligent in performing the Consultancy Services in a way which results in substantial loss to, or substantial damage to the reputation of, Publicis Groupe, SSNA, SSNZ, or any other Saatchi & Saatchi Group Company.
Deferred Fees. Subject to the occurrence of the Amendment No. 2 Effective Date, the Revolving Credit Borrowers, jointly and severally, agree to pay to the Administrative Agent, for the account of each Revolving Credit Lender, deferred fees in the following amounts: (i) .25% of such Revolving Credit Lender's Revolving Credit Commitments in effect and Revolving Credit Loans outstanding on February 1, 2000, (ii) 1.00% of such Revolving Credit Lender's Revolving Credit Commitments in effect and Revolving Credit Loans outstanding on August 1, 2000 and (iii) 1.00% of such Revolving Credit Lender's Revolving Credit Commitments in effect and Revolving Credit Loans outstanding on January 30, 2001.
