Payment of Broker Fees Sample Clauses

Payment of Broker Fees. At or simultaneously with the Closing, IBF shall (i) pay the Broker Fees or cause such Broker Fees to be paid out of the Merger Consideration, and (ii) shall obtain written confirmation from GLC Securities Corp. of receipt and satisfaction of any and all Broker Fees or other compensation to which it and its affiliates are entitled to receive in connection with and/or as a result of the transactions contemplated by this Agreement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Payment of Broker Fees. The Sellers shall pay any fees owed to Xxxxxx, Xxxxxxxx & Co., Inc. or any of its Affiliates in connection with the Sale Transaction and this Agreement and the transactions contemplated hereby (which fees, for the avoidance of doubt, may be paid by the Sellers before and/or after the Closing).
Sample 1
Payment of Broker Fees. Sellers and Buyer hereby acknowledge and agree that (i) the total amount of fees and commissions payable under that certain letter agreement, dated March 16, 2011, by and between the Company and Pxxxxxxx Ball & Wxxxxx (“PBW”), is $208,000 (the “Broker Fee”), (ii) Buyer shall be obligated to pay $70,996 of such Broker Fee and (iii) Sellers, collectively, shall be obligated to pay $137,004 of such Broker Fee (the “Seller Broker Fee Amount”). Sellers and Buyer further acknowledge and agree that Buyer shall deduct the Seller Broker Fee Amount from the Base Purchase Price in accordance with Section 2.2(b) and, promptly following the Closing, shall pay the Broker Fee directly to PBW.
Sample 1
Payment of Broker Fees. The Seller agrees to pay all fees, commissions or other compensation to the Persons listed on Schedule 3.20 with respect to the transactions contemplated by this Agreement, and agrees that neither the Buyer nor any of the Seller Subsidiaries will be liable for any such fees, commissions or other compensation.
Sample 1
Payment of Broker Fees. Simultaneously upon Closing, the Stockholders ---------------------- shall pay, with proceeds from the Cash Purchase Price, (i) any amounts due from the Company or the Stockholders to any broker or investment banker as a result of the consummation of the transactions contemplated by this Agreement (including without limitation broker fees identified on Schedule 3.35) ("Broker- Fee Payment Condition"), and (ii) any expenses (to the extent not previously paid by the Stockholders) that are payable by the Stockholders pursuant to Section 5.3.
Sample 1
Payment of Broker Fees. At or simultaneously with the Closing, IBF shall (i) pay the Broker Fees or cause such Broker Fees to be paid out of the Merger Consideration, and (ii) shall obtain written confirmation from GLC Securities Corp. of receipt and satisfaction of any and all Broker Fees or other compensation to which it and its affiliates are entitled to receive in connection with and/or as a result of the transactions contemplated by this Agreement; provided, that GLC Securities Corp. shall be entitled to receive from IBF (and not from the Company or the Purchaser) 3% of any additional consideration realized by IBF on account of Series B Preferred issued under this Agreement to the extent such consideration exceeds $3 million.
Sample 1

Related to Payment of Broker Fees

  • No Broker Fees No broker’s or finder’s fee or commission will be payable with respect hereto or any of the transactions contemplated thereby; and the Borrower hereby agrees to indemnify the Administrative Agent and the Lenders against, and agree that they will hold the Administrative Agent and the Lenders harmless from, any claim, demand, or liability for any such broker’s or finder’s fees alleged to have been incurred in connection herewith or therewith and any expenses (including reasonable attorneys’ fees) arising in connection with any such claim, demand, or liability.

  • Broker Fees No broker, investment banker, financial advisor or other person is entitled to any broker's, finder's, financial advisor's or other similar fee or commission based upon arrangements made by or on behalf of such Stockholder in connection with its entering into this Agreement.

  • Allocation of Brokerage The Subadviser shall have authority and discretion to select brokers and dealers to execute Designated Series transactions initiated by the Subadviser, and to select the markets on or in which the transactions will be executed.

  • Termination Fee; Expenses Except as provided in this ------------------------- Section 7.3, all fees and expenses incurred by the parties hereto shall be borne solely and entirely by the party which has incurred such fees and expenses. In the event that (A) a Takeover Proposal shall have been made known to the Company or shall have been made directly to its stockholders generally or any person shall have publicly announced an intention (whether or not conditional) to make a Takeover Proposal and thereafter this Agreement is terminated by the Company either (I) pursuant to Section 7.1(b)(iii) hereof or, (II) if the Offer has remained open for at least 20 business days and the Minimum Condition has not been satisfied (and none of the events described in paragraphs (a), (b), (d) and (e) of Annex A shall have occurred so as to result in a condition to the Offer not being satisfied), pursuant to Section 7.1(b)(ii) hereof, and in the case of either clause (I) or (II) such Takeover Proposal is consummated within one (1) year of such termination or (B) this Agreement (i) is terminated by Parent pursuant to Section 7.1(d)(ii), or (ii) is terminated by the Company pursuant to Section 7.1(c)(ii), then the Company shall pay to Parent (in the case of a termination pursuant to Section 7.1(c)(ii), prior to or simultaneously with such termination, or in the case of a termination pursuant to Section 7.1(d)(ii), not later than one (1) business day after such termination, or in the case of a termination pursuant to Section 7.1(b)(ii) or 7.1(b)(iii), upon the consummation of such Takeover Proposal) a termination fee equal to $10 million in cash and shall reimburse Parent's out-of-pocket expenses, including attorneys' fees, related to this Agreement and the transactions contemplated hereby. The fee arrangement contemplated hereby is the sole remedy hereunder and shall be paid pursuant to this Section 7.3 regardless of any alleged breach, other than a willful or intentional breach, by Parent of its obligations hereunder, provided that no payment made by the Company pursuant to this Section 7.3 shall operate or be construed as a waiver by the Company of any breach of this Agreement by Parent or Purchaser or of any rights of the Company in respect thereof.

  • Payment of valuation expenses Without prejudice to the generality of the Borrowers’ obligations under Clauses 21.2, 21.3 and 22.3, the Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker or other expert instructed by the Agent under this Clause 15 and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause 15.

  • Termination Fees and Expenses (a) The Company agrees that:

  • Termination Fees (a) If this Agreement is terminated:

  • Origination Fees As compensation for the investigation, selection, sourcing and acquisition or origination of Loans, the Company shall pay an Origination Fee to the Advisor for each such acquisition or origination. With respect to the acquisition or origination of a Loan to be wholly owned by the Company, the Origination Fee payable to the Advisor shall equal 1% of the amount funded by the Company to acquire or originate the Loan, including any Acquisition Expenses related to such investment and any debt used to fund the acquisition or origination of the Loan. With respect to the acquisition of a Loan through any Joint Venture or any partnership in which the Company is, directly or indirectly, a co-venturer or partner, the Origination Fee payable to the Advisor shall equal 1% of the portion of the amount actually paid or allocated to acquire or originate the Loan, inclusive of the Acquisition Expenses associated with such Loan, plus the amount of any outstanding debt associated with such Loan that is attributable to the Company’s investment in the Joint Venture or partnership. The Company will not pay an Origination Fee to the Advisor with respect to any transaction pursuant to which the Company is required to pay the Advisor an Acquisition Fee. Notwithstanding anything herein to the contrary, the payment of Origination Fees by the Company shall be subject to the limitations on Acquisition Fees contained in (and defined in) the Company’s Articles of Incorporation. The Advisor shall submit an invoice to the Company following the closing or closings of each Loan, accompanied by a computation of the Origination Fee. The Origination Fee payable to the Advisor shall be paid at the closing of the transaction upon receipt of the invoice by the Company.

  • Broker Fee Neither party is obligated to pay any premium or other charge, brokerage fee or commission in connection with the agreements set forth herein. Each party will indemnify the other and hold it harmless from any such claim arising out of such party's acts or those of its representatives.

  • Payment to Brokers Upon the execution of this Lease by both Parties, Lessor shall pay to said Broker(s) jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate written agreement between Lessor and said Broker(s) (or in the event there is no separate written agreement between Lessor and said Broker(s), the sum of $ N/A ) for brokerage services rendered by said Broker(s) in connection with this transaction.

Time is Money Join Law Insider Premium to draft better contracts faster.