Amount of Solicitation Fee Sample Clauses

Amount of Solicitation Fee. The Company shall pay Broker a fee consisting of a cash payment equal to five percent (5%) of the total proceeds received from the exercise of those Redeemable Warrants for which Broker is properly designated and confirmed in writing as the soliciting broker by the holders of the Redeemable Warrants exercised during the Solicitation Period (the “Solicitation Fee”).
AutoNDA by SimpleDocs
Amount of Solicitation Fee. The Company shall pay Auerxxxx x fee consisting of the following (the "Solicitation Fee"): (i) A non-refundable deposit of $30,000, to be credited against any other cash fees received, which shall become due and payable upon execution of this Agreement; plus (ii) A cash payment equal to five percent (5%) of the total proceeds received from all exercises of the Public Warrants occurring after the date of issuance of a Notice of Redemption by the Company; plus (iii) Warrants to purchase shares of the Company's Common Stock ("Solicitor's Warrants"), with an exercise price of $5.50 per share, a term of 3 years, with the number of shares purchasable under the Solicitor's Warrants equal to eight percent (8 %) of the Public Warrants which are exercised during the term of this Agreement. The Solicitor's Warrants will contain a vesting provision which provides that the Solicitor's Warrants are not exercisable prior to six months after the Redemption Date (defined as thirty days after the issuance of the Notice of Redemption) and thereafter shall only become exercisable on the first trading day after one of the following has occurred: (x) the closing price (regular session) of the Company's Common Stock as reported by NASDAQ has exceeded $9.50 for any ten trading days in any twenty trading day period, or (y) the average of the closing price (regular session) of the Company's Common Stock as reported by NASDAQ for any ten consecutive trading day period exceeds $9.
Amount of Solicitation Fee. The Company shall pay Broker a fee in respect of the Broker Customers that consent to the Amendment by July 7, 2008 (“Consenting Holders”) for whom Broker delivers executed documentation evidencing their agreement to the Amendment (the “Solicitation Fee”), consisting of: (i) $30,000 as a non-refundable fee at the first closing of the Company’s placement of securities (as to which Broker is not acting as agent); and (ii) within five business days of the Broker obtaining the consent of the holders of the Requisite Amount: (A) $10,000; and (B) 50,000 shares of restricted Common Stock,.
Amount of Solicitation Fee. The Company shall pay Broker a fee in respect of the Broker Customers that consent to the Amendment by July 6, 2007 (“Consenting Holders”) for whom Broker delivers executed documentation evidencing their agreement to the Amendment (the “Solicitation Fee”), consisting of: (i) a non-refundable cash payment of $25,000, payable on or before July 13, 2007; and (ii) that number of three year warrants to acquire shares of the Company’s common stock substantially in the form annexed hereto as Exhibit A (the “Warrants”) determined by multiplying the principal amount held by Consenting Holders that are Broker Customers by 100%.

Related to Amount of Solicitation Fee

  • Amount of Fee The Website Hosting and Notice Fee shall be based on the number of Funds invested in by Contract Owners.

  • Amount of Notes The aggregate principal amount of Notes which may be authenticated and delivered under this Indenture on the Issue Date is $3,140,000,000. The Issuers may from time to time after the Issue Date issue Additional Notes under this Indenture in an unlimited principal amount, so long as (i) the Incurrence of the Indebtedness represented by such Additional Notes is at such time permitted by Section 4.03 and (ii) such Additional Notes are issued in compliance with the other applicable provisions of this Indenture. With respect to any Additional Notes issued after the Issue Date (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.07, 2.08, 2.09, 3.08, 4.06(e), 4.08(c) or Appendix A), there shall be (a) established in or pursuant to a resolution of the Board of Directors of the Company and (b) (i) set forth or determined in the manner provided in an Officer’s Certificate or (ii) established in one or more indentures supplemental hereto, prior to the issuance of such Additional Notes: (1) the aggregate principal amount of such Additional Notes which may be authenticated and delivered under this Indenture; (2) the issue price and issuance date of such Additional Notes, including the date from which interest on such Additional Notes shall accrue; and (3) if applicable, that such Additional Notes shall be issuable in whole or in part in the form of one or more Global Notes and, in such case, the respective depositaries for such Global Notes, the form of any legend or legends which shall be borne by such Global Notes in addition to or in lieu of those set forth in Exhibit A hereto and any circumstances in addition to or in lieu of those set forth in Section 2.2 of Appendix A in which any such Global Note may be exchanged in whole or in part for Additional Notes registered, or any transfer of such Global Note in whole or in part may be registered, in the name or names of Persons other than the depositary for such Global Note or a nominee thereof. If any of the terms of any Additional Notes are established by action taken pursuant to a resolution of the Board of Directors, a copy of an appropriate record of such action shall be certified by the Secretary or any Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate or an indenture supplemental hereto setting forth the terms of the Additional Notes. The Initial Notes and any Additional Notes may, at the Issuers’ option, be treated as a single class for all purposes under this Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase; provided that if the Additional Notes are not fungible with the Initial Notes for U.S. federal income tax purposes, the Additional Notes will have a separate CUSIP number, if applicable.

  • Subscription Fee Customer shall pay to Service Provider in consideration for Service Provider providing the Services, the subscription fee as agreed upon in the Order Form.

  • Origination Fee The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

  • Amount of Sick Leave Employees shall be granted sick leave on the basis of one and one-half (1 1/2) days per month of service in a continuing appointment, at the F.T.E. of current appointment. If in any one year employees have not used their sick leave, or only a portion thereof, it shall accrue to their credit for future use and benefits.

  • Application Fee Prior to the Resident being accepted to The Residence, a non-refundable Application Fee of $100 must be made. This Application Fee applies to each application and is not refundable in the event of cancellation or withdrawal of the Resident’s application. The amount of the Application Fee is detailed in Table 4.

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

  • Subscription Fees The Subscription Fee for Smart Configure, Price, Quote will remain fixed during the Subscription Term unless you: (i) exceed the Scope specified in the Order, (ii) give written notice for additional quantities of a Standard Sandbox and/or a Performance Sandbox, (iii) upgrade to a higher Edition package, (iv) subscribe to additional features or products, or (v) unless otherwise agreed to in the Order. Once increased as detailed above, your Subscription Fee will not decrease, even if there is a subsequent reduction in the actual Scope. You can learn more about how your fees may be otherwise adjusted in the 'Fees Adjustments' section below.

  • Utilization Fee If the aggregate outstanding amount of (i) all Revolving Credit Advances hereunder and (ii) all "Revolving Credit Advances" under (and as defined in) the Three-Year Agreement exceeds thirty-three percent (33%) of the aggregate amount of (x) all Commitments hereunder and (y) all "Commitments" under (and as defined in) the Three-Year Agreement then in effect on such date (or, if any of the Commitments or "Commitments" have been terminated, the aggregate amount of all Commitments and "Commitments" in effect immediately prior to such termination), the Borrower will pay to the Agent for the ratable benefit of the Lenders a utilization fee (the "Utilization Fee") at a per annum rate equal to the Applicable Utilization Fee Rate in effect from time to time payable on the aggregate outstanding amount of all Revolving Credit Advances on such date, payable in arrears quarterly on the last day of each March, June, September and December, and on the Revolver Termination Date.

  • Minimum Amount of Each Borrowing The aggregate principal amount of each Borrowing of Loans shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than 15 Borrowings of Euro Rate Loans.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!