Financial Consulting Fee Sample Clauses
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Financial Consulting Fee. In consideration of performing the Services on behalf of Hospital, Hospital agrees to pay to GCG a non-refundable "Financial Consulting Fee" equal to THIRTY THOUSAND DOLLARS ($30,000). Hospital will pay the Financial Consulting Fee in four (4) equal installments ("Installments") of SEVEN THOUSAND FIVE HUNDRED DOLLARS ($7,500) each. Hospital will pay the first Installment to GCG immediately upon its execution of this Agreement. The remaining three (3) Installments shall be paid to GCG on a weekly basis commencing one week after payment of the initial Installment.
Financial Consulting Fee. On the Closing Date, Borrower shall pay to GVC Financial Services, LLC, a fully-earned, non-refundable financial consulting fee of $150,000.
Financial Consulting Fee. Kona Holdings I LLC (but not any assignee of Kona Holdings I LLC) shall serve as a consultant to the Corporation and in such capacity shall advise the Corporation providing strategic advice, industry connections, operational resources, monthly financial review, analysis, establishing strong financial controls and reporting, etc. Kona Holdings I LLC shall receive a consulting fee at an annual rate of $50,000, paid on a quarterly basis in advance. (However, it is understood that this right to compensation shall begin 6 months from the date of this Agreement, with the first payment of $12,500 made on that date.) This consulting fee shall automatically increase to an annual rate of $75,000 if and when the Corporation achieves gross sales (less any discounts, returns or allowances for damaged or missing goods) of at least $7,000,000 in a calendar year.