Fees and Other Compensation. Consultant will perform the Services for the following consulting payments: ,for the period October 1, 2018 through December 31, 2018 Consultant shall receive a consulting payment of $16,875.00 per month, Beginning on January 1, 2019, Consultant shall receive a consulting payment of $12,500.00 per month and will be eligible for a target bonus of 35% of such consulting payment (achievement of such bonus to be determined by the Board or the Compensation Committee of the Board) (the “Consulting Fee”). In addition to the Consulting Fee, the Company will recommend to the Board of Directors or the Compensation Committee of the Company that Consultant be awarded a grant of equity under the Viracyte Inc. 2018 Equity Incentive Plan. This grant shall be determined at the sole discretion of the Board of Directors or Compensation Committee of the Company. For work performed prior to the Effective Date, Consultant shall submit invoices for the Consulting Fee within fifteen (15) days after the Effective Date and provide sufficient detail regarding the work performed. For work performed after the Effective Date Consultant shall submit invoices for the Consulting Fee within fifteen (15) days after each month of service and provide sufficient detail regarding the work performed. Company shall pay Consultant within 30 days of receipt of Consultant’s invoices. Other than the Consulting Fee and equity grant described above, Consultant will receive no other compensation under this Agreement.
Fees and Other Compensation. 12 1.7.1. Origination Fee.....................................................12 1.7.2. Increased Term Loan Facility Origination Fee........................12 1.7.3. Issuance of Option and Warrants.....................................13 1.7.4.
Fees and Other Compensation. The Company shall pay the Manager as compensation for the services described in Article 3 hereof a quarterly fee (the "Asset Management Fee") in an amount equal to an annualized rate of 1.00%, which, until one year after the commencement of the Initial Public Offering will be based on (i) the Company's Gross Proceeds as of the end of each fiscal quarter, plus (minus) (ii) any earnings (loss) through the end of such fiscal quarter, minus (iii) any distributions paid through the end of such fiscal quarter; and thereafter will be based on the Company's NAV at the end of each fiscal quarter.
Fees and Other Compensation. 17 1.7.1. Commitment Fee............................................ 17 1.7.2. Periodic Facility Fee..................................... 18 1.8. Issuance of Letters of Credit....................................... 18 -ii- ARTICLE 2: CONDITIONS PRECEDENT.............................................. 18 2.1. Closing Conditions.................................................. 18
Fees and Other Compensation. Beginning on the date that the Company starts its operations, the Park View Entities shall pay the Manager as compensation for the services described in Article 3 hereof a quarterly fee in an amount equal to an annualized rate of 0.75%, which, until one year after the commencement of the Initial Public Offering will be based on the Company’s Gross Proceeds as of the end of each fiscal quarter; and thereafter will be based on the Park View Entities’ NAV at the end of each fiscal quarter. Park View Entities will issue our Manager a management interest equal to 5% of our outstanding capital stock, subject to anti-dilution protection.
Fees and Other Compensation. (a) Borrower shall pay (i) to GE Capital, individually, the Fees specified in the GE Capital Fee Letter, at the times specified for payment therein, and (ii) to Paragon, individually, the Fees specified in the Paragon Fee Letter, at the times specified for payment therein.
(b) As additional compensation for the Revolving Lenders, Borrower agrees to pay to Agent, for the ratable benefit of such Lenders based on the amount of such Lender's unused Commitment, in arrears, on the first Business Day of each month prior to the Commitment Termination Date and on the Commitment Termination Date, compensation for Borrower's non-use of available funds in an amount equal to the Applicable Unused Line Margin per annum (calculated on the basis of a 360 day year for actual days elapsed) of the difference between (x) the Maximum Amount (as it may be reduced from time to time) and (y) the average for the period of the daily closing balances of the Revolving Loan and the Swing Line Loan outstanding during the period for which the such compensation is due.
(c) If Borrower prepays the Revolving Loan and reduces or terminates the Revolving Loan Commitment, whether voluntarily or involuntarily and whether before or after acceleration of the Obligations, Borrower shall pay to Agent, for the benefit of Lenders as liquidated damages and compensation for the costs of being prepared to make funds available hereunder an amount determined by multiplying the Applicable Percentage (as defined below) by the amount of the reduction of the Revolving Loan Commitment. As used herein, the term "Applicable Percentage" shall mean (x) one and one-half percent (1 1/2%), in the case of a prepayment on or prior to the date occurring six months after the Closing Date, (y) one percent (1%), in the case of a prepayment after the date occurring six months after the Closing Date but on or prior to the first anniversary of the Closing Date, and (z) one-half percent (1/2%), in the case of a prepayment after the first anniversary of the Closing Date but prior to the Commitment Termination Date. Notwithstanding the foregoing, no prepayment fee shall be payable by Borrower upon a mandatory prepayment made pursuant to Sections 1.3(b) or 1.16(c); provided that in the case of prepayments made pursuant to Section 1.3(b)(iii) or (b)(iv), the transaction giving rise to the applicable prepayment is expressly permitted under Section 6.
Fees and Other Compensation. 4.1.1 Fees for Basic Services, Additional Services, and compensation for Reimbursable Expenses are set forth in the Agreement.
Fees and Other Compensation. 11 1.7.1. Origination Fee.......................................11 1.7.2. Issuance of Warrants..................................12 1.7.3. Success Fee...........................................12 1.7.4.
Fees and Other Compensation. 12 1.6.1. Origination Fee .....................................................................12 1.6.2. Unused Line Fee .....................................................................12 1.6.3. Letter of Credit Fee ................................................................13 1.6.4. Letter of Credit Fronting Fee........................................................13 1.6.5. Other Letter of Credit Fees..........................................................13
Fees and Other Compensation. 7.1. Commitment Fee . . . . . . . . . . . . . . . . 1.7.2. Periodic Facility Fee . . . . . . . . . . . . 1.7.3.
