Common use of Fees Due at Closing Clause in Contracts

Fees Due at Closing. All cash fees due hereunder payable upon the closing of a Fee Transaction shall be paid to the Banker immediately upon closing of such Fee Transaction by wire transfer of immediately available funds from the proceeds of the Fee Transaction, either directly or from the formal or informal escrow arrangement established for the Fee Transaction by the agent holding such funds (collectively, the “Closing Agent”), pursuant to the written wire transfer instructions of the Banker to the Closing Agent.

Appears in 4 contracts

Samples: Exclusive Investment Banking Agreement, Exclusive Investment Banking Agreement (Koffee Korner Inc.), Assignment of Agreement (SANUWAVE Health, Inc.)

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Fees Due at Closing. All cash fees due hereunder payable upon the closing of a Fee Transaction shall be paid to the Banker immediately upon closing of such Fee Transaction by wire transfer of immediately available funds from the proceeds of the ofthe Fee Transaction, either directly or from the formal or informal escrow arrangement established for the Fee Transaction by the agent holding such funds (collectively, the "Closing Agent"), pursuant to the written wire transfer instructions of the Banker to the Closing Agent.

Appears in 1 contract

Samples: Investment  banking Agreement (Lilis Energy, Inc.)

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