Common use of Origination Fee Clause in Contracts

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 additional shares of Series A Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 or two percent (2%) of the Purchase Price, free and clear of all Encumbrances.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement, Series a Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

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Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 Purchasers 100 additional shares of Series A B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 100,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Appears in 2 contracts

Samples: Series B Convertible Preferred Stock Purchase Agreement (York Capital Management Global Advisors, LLC), Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 Purchasers 581 additional shares of Series A B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 581,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement, Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 Purchasers 50 additional shares of Series A C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 50,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Appears in 1 contract

Samples: Series C Convertible Preferred Stock Purchase Agreement (Bardin Hill Investment Partners LP)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 200 additional shares of Series A C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 200,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Series C Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 Purchasers 240 additional shares of Series A C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 240,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Appears in 1 contract

Samples: Series C Convertible Preferred Stock Purchase Agreement (York Capital Management Global Advisors, LLC)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 152 additional shares of Series A B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 152,900 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

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Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 [●] additional shares of Series A C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 [●] or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Series C Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 100 additional shares of Series A B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 100,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 Purchasers 66 additional shares of Series A B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 66,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchaser 700 100 additional shares of Series A C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $700,000 100,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances.

Appears in 1 contract

Samples: Series C Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

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