Facilitation Fee. SPD shall have to pay non refundable facilitation fee of Rs. 50,00,000/- (Rs. Fifty Lakhs only) for 50 MWAC BLOCK calculated at Rs. 1,00,000/- per MWAC along with applicable GST etc. to SPPD on or before entering into this agreement. KSPDCL shall in-turn remit this facilitation fee to KREDL, State Nodal Agency.
Facilitation Fee. 4.1 The Franchisee may, at any time, apply in writing to the Secretary of State for his consent to a Change of Control (as such term is defined pursuant to paragraph 2.3).
4.2 The Secretary of State may require the Franchisee to pay a fee in consideration of the grant of such consent (the “Facilitation Fee”).
4.3 The Secretary of State may require the Franchisee to pay an additional fee in respect of the staff, professional and other costs incurred by the Secretary of State in connection with the Franchisee’s application (the “Administration Fee”). The Administration Fee shall be payable whether or not the Secretary of State consents to the proposed Change of Control.
4.4 On or after submitting such application to the Secretary of State, the Franchisee will provide, and will procure that the seller and the buyer provide, the Secretary of State with such documentation and information as the Secretary of State may require to assess such application and the amount of the Facilitation Fee. Without limiting paragraphs 4.9 or 4.10, it shall be deemed to be reasonable for the Secretary of State to delay or withhold consent to the Change of Control where any such documentation is not provided.
4.5 The Facilitation Fee shall be a sum equal to the greater of:
(a) one million pounds sterling (£1,000,000); or
(b) where the Estimated Profit Stream is greater than the Bid Profit Stream 5% of the difference between the Bid Profit Stream and the Estimated Profit Stream.
4.6 The Administration Fee shall be determined by the Secretary of State on the basis of:
(a) the aggregate time spent by officials within the Secretary of State’s Department on matters relating to such application;
(b) the Secretary of State’s hourly scale rates for such officials, as varied from time to time; and
(c) the aggregate costs and disbursements, including where applicable VAT and professional costs, incurred by the Secretary of State in connection with such application.
4.7 Any determination by the Secretary of State for the purposes of paragraphs 4.5 or 4.6 shall in the absence of manifest error be final and binding as between the Secretary of State and the Franchisee (but without prejudice to the requirement of the Secretary of State to reasonably determine the Estimated Profit Stream).
4.8 Any consent by the Secretary of State to a Change of Control may be given subject to such conditions as the Secretary of State sees fit and the Franchisee shall, as applicable, comply with, and/or procure ...
Facilitation Fee. Upon Closing, Seller shall pay to Every Management, LLC a facilitation fee in the amount of $2,700 for its advice, coordination, and facilitation of the Acquisition.
Facilitation Fee. The Facilitation Fee payable by Distributor to MEC and then by MEC to KO shall be equal to *** per case of 24 units and *** per case of 12 units of Products sold by MEC to the Distributor, but excluding any free or bonus unit or units used for sampling. Any other case configuration to be mutually agreed between Distributor and KO. *** Indicates portions of this exhibit have been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
Facilitation Fee. The Interpreter acknowledges that in consideration of the Translin Service, the Client shall pay to Translin a fee (the “Facilitation Fee”) calculated at rates determined by Translin from time to time as published on the Site.
Facilitation Fee. 2.1 There is no set-up or facilitation charge for this Income Share Agreement facility, and there is no upfront cost for the deferral of the tuition. The Student has the option to pay their tuition in full at any time before the course, and the upfront tuition fee will be €18,000.
2.2 EdAid will charge the Education Provider a Facilitation Fee & Monthly Service Fee to cover EdAid’s administration, technology and service costs for the entire duration of the Income Share Agreement. There will be no charges from EdAid to Student unless the account falls into default, as set out below.
2.3 Student’s obligations hereunder are subject in all respects to the terms and conditions of the Student’s Enrollment Agreement with the Education Provider.
2.4 In the event that Student terminates or withdraws his or her participation in their Chosen Course prior to graduation or completion, the Maximum Total Amount Payable that is due hereunder will be determined in accordance with the schedule set forth in the Student’s Enrollment Agreement with Education Provider.
Facilitation Fee. 14.1 The Lender may at any time, in its sole discretion, prior to the Longstop Date notify the Borrower in writing that the Facilitation Fee is now due and payable (the “Notification”) whereupon the Borrower shall pay to the Lender, within 2 Business Days of receipt of the Notification, the Facilitation Fee.
14.2 The Facilitation Fee shall be an amount equal to the greater of (i) 10% of the aggregate amount of all Tranches; and (ii) the Calculated Fee (where the “Calculated Fee” is the amount calculated in accordance with Clause 14.3).
14.3 The Calculated Fee shall be an amount determined as follows: 10% of the aggregate amount of all Tranches x ((P1/P0) – 1), where P0 = the 30 day volume weighted average share price of the Borrower on the date of this Loan Agreement, as derived from xxx.xxxxxxxxxxxxxxx.xxx (the “P0 Date”), and where P1 = the closing share price of the Borrower on the day immediately preceding the date of the Notification, as shown on xxx.xxxxxxxxxxxxxxx.xxx or xxx.xxxxxx.xxx (the “P1 Date”), plus an amount equal to any dividend or other payment made by the Borrower in respect of a share of the Borrower between the P0 Date and the P1 Date.
14.4 In the event that the Borrower undertakes any sub-division or consolidation of shares or any other reorganisation of its share capital between the P0 Date and the P1 Date (a “Reorganisation”) resulting in an adjustment to its share price and/or an adjustment to the amount of dividend or other payment made by the Borrower in respect of a share of the Borrower, such Reorganisation shall be deemed to have not taken place for the purpose of calculating the Facilitation Fee.
14.5 The Borrower undertakes that it will not, and will procure that each Group Company will not, take any action which has the effect of avoiding the payment of the Facilitation Fee to the Lender.
14.6 Notwithstanding any other provision of this Loan Agreement, this Clause 14 shall survive the cancellation of the Loan Facility and/or the termination of this Loan Agreement.
Facilitation Fee. Upon the Effective Date, Assignee shall pay to Xxxxxxx Properties, Inc. the sum of Fifteen Thousand Dollars ($15,000) as a facilitation fee for negotiating this Agreement.
Facilitation Fee. At the Closing, Xxxxx and Company, LLC or its assigns shall be entitled to receive the amounts set forth below (collectively, the “Facilitation Fee”):
(a) an amount in cash equal to $3,800,000, payable by the Buyer by wire transfer of immediately available funds to the account designated by Xxxxx and Company, LLC;
(b) an aggregate of 796,875 Founder Shares, transferred from the Founders pro rata; and
(c) an aggregate of up to an additional 478,125 Founder Shares transferred from the Founders pro rata if the Buyer requests in writing assistance from Xxxxx and Company, LLC or an Affiliate of the Company to locate additional investors to purchase shares of Buyer Common Stock or otherwise secure sufficient additional capital to enable Buyer to satisfy the Minimum Cash Closing Condition, with the number of additional Founder Shares transferred to be determined as follows: the product of (i) 478,125 Founder Shares and (ii) the quotient of (x) the actual dollar amount of capital invested in Buyer directly attributable to the efforts of Xxxxx and Company, LLC divided by (y) the Adjusted Minimum Cash Closing Amount. provided, that, for a period of one (1) year after the Closing, all Founder Shares so transferred shall remain in escrow and continue to be subject to the restrictions on transfer applicable to such shares as set forth in the Final Prospectus.
Facilitation Fee. At Closing Zycom shall deliver a certificate representing 31,682 shares of restricted common stock of Zycom, and a warrant to purchase 31,682 shares of common stock of Zycom at $9.15 per share, to Business Development Corporation, a company controlled by Van X. Xxxxxxx, an officer and director of Zycom, as a fee in connection with the facilitation of the transaction set forth in this Agreement. A copy of the form of warrant certificate to be delivered pursuant to this subsection is set forth in Schedule "E" attached hereto.
