Payment of Document Preparation Fee Clause Samples
The Payment of Document Preparation Fee clause establishes the obligation for one party, typically the buyer or borrower, to pay a specified fee for the preparation of legal or transactional documents. This fee may cover the drafting, review, and processing of contracts, agreements, or other necessary paperwork related to the transaction. By clearly assigning responsibility for these costs, the clause ensures transparency in financial obligations and helps prevent disputes over who bears the expense of document preparation.
Payment of Document Preparation Fee. Prior to the Closing, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor, the portion of the Document Preparation Fee required to be paid prior to the Closing in accordance with Section 10.1(i) hereof, all of which fees shall be non- refundable when paid regardless of whether any Draw Downs are issued by the Company or settled hereunder.
Payment of Document Preparation Fee. On or prior to the Closing Date, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor (or the Investor’s counsel) on or prior to the date hereof, the Document Preparation Fee, which shall be fully earned and non-refundable as of the Closing Date, regardless of whether the Commencement occurs or whether any VWAP Purchases or Intraday VWAP Purchases are made or settled hereunder or any subsequent termination of this Agreement.
Payment of Document Preparation Fee. The Company shall have paid the Document Preparation Fee (as defined below) required to be paid to the Investor or its counsel pursuant to Section 10.1(i) of this Agreement, in accordance with Section 10.1(i) hereof.