Common use of Exclusivity Fee Clause in Contracts

Exclusivity Fee. 2.7.1 XXX shall pay TAI the exclusivity fees set forth in Schedule A (collectively, the “Exclusivity Fee”). Each installment of the exclusivity fee set forth in Schedule A shall be deemed non-refundable and fully earned as set forth in Schedule A. 2.7.2 Payment of the Exclusivity Fee made hereunder shall be in United States currency and shall be remitted by wire transfer from XXX’s account, including XXX’s name as the originator or “By order of” TAI and issued to TAI by wire transfer into the account identified below or other account as designated in writing by TAI. TAI reserves the right to reject any other form of payment. XXX shall have no right to set off any money owed to TAI by XXX against any money owed by XXX to TAI hereunder. TAI shall have the right to reject or accept payment- related transfers or requests without prejudice that do not comply with its then-existing finance and anti-money laundering policies. Please wire payment to: [*****]