Fees Structure Sample Clauses

Fees Structure. The following outlines the fees structure: (a) In connection with the $15 million Equity Funding and the Merger Transaction, ICA shall be paid (i) a cash consulting fee in the amount of $1,500,000 (“Cash Consulting Fee”), and
AutoNDA by SimpleDocs
Fees Structure. The overall Master Plan will divide the Project into suitable packages, phases and components and it is expected that at any point after the commencement of IL&FS IDC’s services under this MoA, there would be packages, phases and components at various stages of implementation. IL&FS IDC will periodically raise invoices on JVC under this MoA depending on the milestone reached,for the packages, phases or components comprising the Project, in line with the milestones outlined in Annexure D. It is agreed to by the Parties to this MoA, that the fees payable to IL&FS IDC pursuant to this MoA shall be net of taxes, i.e. the applicable taxes such as service tax etc. shall be payable by JVC in addition to the fees.
Fees Structure. The following outlines the fees structure for the advisory services described above: (a) Upon the closing of the initial $5.0 million Equity Funding Vyteris will issue or grant: (i) 6.0 million common shares in Vyteris to ICA or any of ICA's affiliates or partners; and (ii) an additional 1.1 million shares in Vyteris to one or more of ICA's Investor Relations groups. In each case, the shares granted pursuant to this paragraph are being granted in consideration of the services being provided by ICA to Vyteris, and shall be deemed to be issued for $0.25 per share of value; (b) If the second tranche does not close due to ICA not performing, then, then ICA shall return to Vyteris 1 million Vyteris common shares. If the second tranche closes, then ICA does not need to return any shares. (c) The Company will pay ICA a monthly consulting fee of $12,500 for 12 months with the first payment due on September 1, 2006. Additionally, once the first 12 month period described herein is completed, Vyteris will pay ICA a monthly retainer of $15,000 for the subsequent twenty four (24) month period. All payments are due and payable on the first day of each month. (d) If the first tranche of $5 million described above is consummated, then, if during the subsequent 18 months a merger or acquisition is completed or a funding related to a merger or acquisition is completed with any company or entity introduced by ICA during the term of this letter agreement, then Vyteris pays a work fee to ICA in an amount equal to 6% of the total value of the transaction. Further, if the second tranche described above is consummated (and results in gross proceeds to the Company of $15 million or more), the work fee referred to in the preceding sentence shall apply for 3 years following the closing of the first tranche (in other words, an additional two years). (e) If a strategic or partnership agreement, including without limitation, a distribution, marketing, licensing, product or manufacturing agreement, ADVISORY CONSULTING AGREEMENT-VYTERIS PRIVATE AND CONFIDENTIAL SEPTEMBER 13, 2006 PAGE 3 is entered into or from an ICA generated prospect, the transaction fee to be paid to ICA shall be an upfront payment and commission equal to the following percentage of "gross revenues", as defined below, of all products or services sold to, or through, Vyteris or the ICA Prospect, and all products or services sold between Vyteris and the ICA Prospect, in any market addressed by the business relationship:...
Fees Structure. Initial Fee – 5% on Invoice Value Further payment to the service provider (whose invoice is pending payment) shall be suspended after the 30 days from the paid xxxx due date and the following fees shall apply: Subsequent Fee - 10% on total Amount Due for payment made between 31days to 60days Next Fee - 15% on total Amount Due for Payment for every 30% thereafter until recovery

Related to Fees Structure

  • Fee Structure In consideration of Consultant providing services, Municipality shall pay Consultant for Services performed in accordance with Exhibit A – List of Services and Fee Schedule.

  • Master Feeder Structure If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

  • Organizational Structure The ISO will be governed by a ten (10) person unaffiliated Board of Directors, as per Article 5 herein. The day-to-day operation of the ISO will be managed by a President, who will serve as an ex-officio member of the ISO Board, in accordance with Article 5 herein. There shall be a Management Committee as per Article 7 herein, which shall report to the ISO Board, and shall be comprised of all Parties to the Agreement. There shall be at least two additional standing committees, the Operating Committee, as provided for in Article 8, and the Business Issues Committee, as provided for in Article 9, both of which shall report to the Management Committee. A Dispute Resolution Process will be established and administered by the ISO Board in accordance with Article 10.

  • Changes to Fee Structure In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity.

  • Management Structure Describe the overall management approach toward planning and implementing the contract. Include an organization chart for the management of the contract, if awarded.

  • Group Structure 17.1 The Company does not have any Subsidiary nor has it at any time a member of or the beneficial owner of any shares, securities or other interest in any company or other person.

  • Structure a) The committee will meet as necessary at times determined by the Association and TEBA. b) The Association and TEBA shall each bear the cost of their participation in this committee. c) The Association and TEBA will each appoint three (3) representatives to the committee. d) The committee will be chaired jointly.

  • Governance Structure The Academy shall be organized and administered under the direction of the Academy Board and pursuant to the governance structure as set forth in its Bylaws. The Academy’s Board of Directors shall meet at least six times per fiscal year, unless another schedule is mutually agreed upon by the University President or Designee and the Academy.

  • Capital Structure (a) The entire authorized capital stock of Parent consists of 2,000,000,000 shares of common stock, par value $1.00 per share (the “Parent Common Stock”) and 1,500,000 shares of preferred stock, par value $1.00 per share (the “Parent Preferred Stock”). At the close of business on November 22, 2013, (i) 582,708,913 shares of Parent Common Stock were issued and outstanding, (ii) no shares of Parent Preferred Stock were issued and outstanding, (iii) 182,465,987 shares of Parent Common Stock were held by Parent in its treasury, (iv) 32,027,774 shares of Parent Common Stock were subject to options to purchase Parent Common Stock, (v) 23,955 shares of Parent Common Stock were subject to awards with respect to restricted Parent Common Stock, (vi) 2,911,298 shares of Parent Common Stock were subject to restricted stock unit awards with respect to Parent Common Stock) and (vii) 53,247,770 shares of Common Stock were reserved for issuance pursuant to future awards under benefit plans of Parent. No shares of Parent Common Stock are subject to or were issued in violation of the preemptive rights of any shareholder or any purchase option, call option, right of first refusal, subscription right or any similar right under any provision of the DGCL, the Organizational Documents of Parent or any agreement to which Parent is a party or otherwise bound. Except as set forth in this Section 4.2 and in Section 4.2 of the Parent Disclosure Letter, as of the date of this Agreement, there are no (i) issued and outstanding shares of capital stock of or other voting or equity interests in Parent, (ii) securities of Parent convertible into or exercisable or exchangeable for shares of capital stock of or other voting or equity interests in Parent, (iii) options, warrants or other rights or agreements to acquire from Parent, or other obligation of Parent to issue, deliver, transfer or sell, or cause to be issued, delivered, transferred or sold, any shares of capital stock of or other voting or equity interests in Parent or securities convertible into or exercisable or exchangeable for shares of capital stock of or other voting or equity interests in Parent, (iv) voting trusts, proxies or other similar agreements to which Parent or any of its Subsidiaries is a party or by which Parent or any of its Subsidiaries is bound with respect to the voting of any shares of capital stock of or other voting or equity interests in Parent or any of its Subsidiaries, (v) obligations restricting the transfer of, or requiring the registration for sale of, any shares of capital stock of or other voting or equity interests in Parent or any of its Subsidiaries, or (vi) outstanding or authorized appreciation rights, rights of first offer, performance shares, “phantom” stock rights or other agreements or obligations of any character (contingent or otherwise) pursuant to which any Person is or may be entitled to receive any payment or other value based on the revenues, earnings or financial performance, or stock price performance or other attribute of Parent or any of its Subsidiaries or any of their businesses or assets are calculated in accordance therewith (the items in clauses (i), (ii) and (iii) being referred to collectively as the “Parent Securities”). There are no outstanding obligations of Parent or any of its Subsidiaries to repurchase, redeem or otherwise acquire any Parent Securities. (b) All of the shares of Parent Common Stock are, and the shares of Parent Common Stock constituting the Per Share Common Stock Merger Consideration when issued will be, duly authorized, validly issued, fully paid and nonassessable and not subject to, or issued in violation of, any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar right under any provision of the DGCL, the Organizational Documents of Parent, or any agreement to which Parent is a party or otherwise bound. Such shares have been issued in material compliance with all applicable state and federal Laws concerning the issuance of securities.

  • Agreement Structure This Agreement includes Part 1 - General Terms, Part 2 - Country-unique Terms (if any), the LI, and the XxX and is the complete agreement between Licensee and Lenovo regarding the use of the Program. It replaces any prior oral or written communications between Licensee and Lenovo concerning Licensee’s use of the Program. The terms of Part 2 may replace or modify those of Part 1. To the extent of any conflict, the LI prevails over both Parts.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!