Fees or Compensation Clause Samples
The "Fees or Compensation" clause defines the payment terms and amounts that one party must provide to the other for services rendered or goods delivered under the agreement. Typically, this clause outlines the specific fees, rates, or compensation structure, as well as the timing and method of payment, and may address additional costs such as expenses or reimbursements. Its core practical function is to ensure both parties have a clear understanding of financial obligations, thereby reducing the risk of disputes over payment.
Fees or Compensation. Since the commencement of the Chapter 11 Proceedings, no fee or other compensation has been paid or will be payable in connection with the transactions contemplated by this Agreement except as set forth herein and as described in the Plan.
Fees or Compensation. Except as set forth on Schedule 7.24, no fee or other compensation has been paid or will be payable by the Borrower or IMPSAT in connection with the transactions contemplated by this Agreement or the Brazil Financing Agreement.
Fees or Compensation. No fee or other compensation has been paid or will be payable in connection with the transactions contemplated by this Agreement except as set forth herein.
Fees or Compensation. A. In return for renting and managing the Property, Owner agrees to pay Brokerage/Broker Plus applicable gross receipts taxes upon receipt of rent. Compensation to Brokerage/Broker for periods less than the scheduled rent period will be prorated.
B. In the event the Owner requests the Brokerage/Broker negotiate major repairs, remodels or shopping for items needed for the Property, the Parties will negotiate terms and compensation for such services in writing. This does not include ordinary maintenance and repairs.
C. In the event the Owner terminates this Agreement prior to the end of the Term, Owner will pay Brokerage/Broker the balance of management fees through the end of the Term and forfeit the $200 Owner reserve.
D. Owner authorizes Brokerage/Broker to reimburse him/her/itself out of any rental proceeds for all expenses and costs of operating the Property under this Agreement, including Brokerage/Broker compensation and applicable fees.
Fees or Compensation. 44 Section 7.25. True and Complete Disclosure..........................44 SECTION 8. Covenants.......................................................44