Payment of Advisor Fees Sample Clauses

Payment of Advisor Fees. Prior to the date of any Cash Collateral Release Date, the Borrowers shall have paid, or caused to be paid, in full all outstanding fees, expenses and indemnities incurred by the Agents (including any hourly, extraordinary charges or monthly charges of HSBC in any such Agent capacity) and the Lenders as of the date of the last invoice received by the Borrowers in respect thereof, including, without limitation, all accrued and unpaid fees and expenses of their respective advisors and counsel, provided such invoices are received by the Borrowers at least three (3) Business Days prior to such Cash Collateral Release Date; and provided, further that, notwithstanding anything in this Agreement to the contrary, if the Borrowers fail to pay, or to cause to be paid, in full such fees, expenses and indemnities by the applicable Cash Collateral Release Date, the Agents shall not, and are under no obligation to, transfer the applicable Release Amount to the Borrowers until after the Borrowers have paid, or caused to be paid, in full such fees, expenses and indemnities (for the avoidance of doubt, payment of any ALB Advisor’s (as defined below) fees and expenses out of amounts remaining in its respective share of the Retainer (as defined below) as set forth in the corresponding Distribution Notice, shall be deemed payment of such fees and expenses for purposes of this Section 2.03. For the avoidance of doubt, the fees, expenses and indemnities referred to above include, but are in no way limited to, any and all fees, expenses and indemnities due to any such Agent pursuant to any of the Project Documents or Financing Documents.
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Payment of Advisor Fees. In the case of Force Majeure Event, (i) the JVCO shall bear the fees and expenses of the Advisor of the Founding Shareholder that is not departing, (ii) the Departing Shareholder shall bear the fees and expenses of its Advisor, and (iii) the JVCO and the Departing Shareholder shall split equally the fees and expenses of the third Advisor. In the case of a Maxit Breach Event or a Synacor Breach Event, (x) the JVCO shall bear the fees and expenses of the Advisor of the non-breaching party, (y) the breaching party shall bear the fees and expenses of its Advisor, and (z) the JVCO and the breaching party shall split equally the fees and expenses of the third Advisor.
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Related to Payment of Advisor Fees

  • Compensation of Advisor For services to be provided by the Advisor pursuant to this Agreement, the Fund will pay to the Advisor, and the Advisor agrees to accept as full compensation therefor, an investment advisory fee consisting of a base fee plus a performance adjustment at the rates specified in Schedule A to this Agreement, payable quarterly in arrears.

  • Payment of Fees, Etc The Borrowers shall have paid all fees, costs, expenses and taxes then payable by the Borrowers pursuant to this Agreement and the other Loan Documents, including, without limitation, Section 2.06 and Section 12.04 hereof.

  • Payment of Additional Amounts (a) All payments by the Corporation in respect of the Debentures (including the conversion thereof and including the issuance of Freely Tradeable Shares issuable pursuant to Section 2.3(c) for interest payments or otherwise) will be made free and clear of, and without withholding or deduction for or on account of any Taxes imposed, levied, collected, withheld or assessed by or on behalf of any Taxing Jurisdiction, unless such withholding or deduction is so required by law or by the interpretation or administration thereof by the relevant Governmental Authority. If any such withholding or deduction is so required, the Corporation will pay such additional amounts (“Additional Amounts”) as may be necessary so that the net amount received by each holder of Debentures after such withholding or deduction (including any withholding or deduction required to be made in respect of Additional Amounts) will not be less than the amount the holder would have received if such Taxes had not been withheld or deducted. If any such withholding or deduction is not so required, or if required, is not made, and a holder of a Debenture who is a non-resident of Canada for purposes of the Tax Act is required to pay directly any Taxes imposed, levied, collected or assessed by or on behalf of any Taxing Jurisdiction, then, upon written request of such holder and provided that reasonable supporting documentation is provided, the Corporation will pay such additional amounts (the term “Additional Amounts” shall also include any such additional amounts) as may be necessary so that the net amount received by each such holder of Debentures after payment of such Taxes (including any Taxes required to be paid in respect of such Additional Amounts) will not be less than the amount the holder would have received if such Taxes had not been imposed, levied, collected or assessed; provided that no Additional Amounts will be payable with respect to a payment made to a Debentureholder for or in respect of:

  • Payment of Fees All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the Issuing Lender, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Lenders entitled thereto. Fees paid shall not be refundable under any circumstances.

  • The Master Servicer to Pay Trustees' Fees and Expenses Subject to separate written agreements with the Trustee and the Delaware Trustee, the Master Servicer covenants and agrees to, and the Master Servicer shall, pay each of the Trustee and the Delaware Trustee from time to time, and such trustee shall be entitled to payment, for all services rendered by it in the execution of the trust hereby created and in the exercise and performance of any of the powers and duties hereunder of such trustee. Except as otherwise expressly provided herein, the Master Servicer shall pay or reimburse each of the Trustee and the Delaware Trustee upon such trustee's request for all reasonable expenses and disbursements incurred or made by such trustee in accordance with any of the provisions of this Agreement and indemnify such trustee from any loss, liability or expense incurred by it hereunder (including the reasonable compensation and the expenses and disbursements of its counsel and of all persons not regularly in its employ and any expenses which arise out of or are imposed upon the Trustee or the Delaware Trustee in connection with the creation, operation or termination of the Trust) except any such expense or disbursement as may arise from its own negligence or bad faith. Such obligation shall survive the termination of this Agreement or resignation or removal of the Trustee or the Delaware Trustee. The Tax Matters Person shall, at its expense, prepare or cause to be prepared all federal and state income tax and franchise tax and information returns relating to REMIC I, REMIC II or REMIC III required to be prepared or filed by the Trustee or the Delaware Trustee and shall indemnify the Trustee and the Delaware Trustee for any liability of such trustees arising from any error in such returns.

  • Calculation and Payment of Fees All fees shall be calculated on the basis of the actual number of days elapsed in a 360-day year. All fees shall be payable in addition to, and not in lieu of, interest, compensation, expense reimbursements, indemnification and other Obligations. Fees shall be payable to the Administrative Agent at its office in New York, New York in immediately available funds. All fees shall be fully earned and nonrefundable when paid. All fees due to any Arranger or any other Lender, including, without limitation, those referred to in this Section 5.3, shall bear interest, if not paid when due, at the interest rate specified in Section 5.1(d) and shall constitute Obligations.

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