Prospect Fee Sample Clauses

Prospect Fee. 13.1 In recognition of the potential play developed by Farmor in respect of the Farmout Lands, Farmee shall pay to Farmor, at the following times and subject to the following legal obligations imposed on Farmee (if any), the aggregate amount of $2,000,000 USD (reduced by the deductions specified herein) as a prospect fee, payable as 90% to Northern and 10% to Deep Well.
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Prospect Fee. Upon execution of this Agreement, but not later than January 19, 2024, Investors shall pay a “Prospect Fee” of $2,034,00.00 in cash to HCC. Upon receipt of the Prospect Fee, HCC shall acquire 100% of Lustre’s interest in the Leases at a cost of $34,000. Upon payment of the Prospect Fee, the Investors shall surrender the Note to Laredo.
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Prospect Fee. In addition to other costs paid by Beta hereunder, Beta shall pay Xxxxxxxx a prospect fee of $30,000.00 for each of the first three (3) xxxxx drilled within the Sacramento AMI, each such payment to be due upon the spudding of each such well.
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Prospect Fee. In addition to other costs paid by Beta hereunder, Beta shall pay Xxxxxxxx a prospect fee of $25,000.00 for each of the first two (2) xxxxx drilled within the San Xxxxxxx AMI, each such payment to e due upon the spudding of each such well.
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Prospect Fee. COI agrees to pay the Prospect Fee simultaneously with the execution of this Agreement. Two hundred fifty thousand dollars ($250,000) for the Wahoo Prospect on Xxxxxx Xxxxxx 00, XXX-X 00000 and Two hundred fifty thousand dollars ($250,000) for the Kingfish Prospect located on Xxxx Xxxxx 00, XXX-X 00000 and Xxxx Xxxxx 00, XXX-X 00000 being a total of Five Hundred Thousand Dollars ($500,000)
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Prospect Fee. In the event Cheniere is awarded the Dolphin “A” lease as described on Exhibit “B” as a result of the January Lease Sale, each Participant shall within five (5) days of such award remit to Cheniere their proportional share of a one-time prospect fee of $200,000. In the event Cheniere is awarded the Dolphin “B” lease as described on Exhibit “B” as a result of the January Lease Sale, each Participant shall within five (5) days of such award remit to Cheniere their proportional share of a onetime prospect fee of $100,000. Upon payment by Participants, Cheniere shall promptly execute and deliver to each Participant an assignment conveying their proportional share of 100% of 8/8ths record title interest in the acquired leases. A form of the assignment is attached hereto as Exhibit “C”.
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Prospect Fee 
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Related to Prospect Fee

  • Development Fee The fee for the packaging of a Company Property, including negotiating and approving plans and assisting in obtaining zoning and necessary variances and financing for a specific Company Property to be developed or under development, either initially or at a later date.

  • Acquisition Fee Subject to Section 12(b), the Company shall pay an Acquisition Fee to the Advisor or its assigns as compensation for services rendered in connection with the investigation, selection and acquisition (by purchase, investment or exchange) of each Investment. If the Advisor is terminated without Cause pursuant to Section 18(b)(1), the Advisor or its assigns shall be entitled to an Acquisition Fee for any Investments acquired after the Termination Date for which a contract to acquire the applicable Investment had been entered into at or prior to the Termination Date. The total Acquisition Fee payable to the Advisor or its assigns shall be equal to 1.5% of (1) the Contract Purchase Price of each Investment and (2) the amount advanced for a Loan or other investment. The purchase price allocable for an Investment held through a Joint Venture shall equal the product of (i) the Contract Purchase Price of the Investment, multiplied by (ii) the direct or indirect ownership percentage in the Joint Venture held directly or indirectly by the Company or the Operating Partnership. For purposes of this Section 11(a), “ownership percentage” shall be the percentage of capital stock, membership interests, partnership interests or other equity interests owned directly or indirectly by the Company or the Operating Partnership, without regard to classification of such equity interests. The Company shall pay any Acquisition Fee due hereunder promptly upon the closing of the Investment. In addition, if during the period ending two years after the close of the initial Primary Offering, the Company sells an Investment and then reinvests the net proceeds in a new Investment(s), the Company shall pay to the Advisor or its assigns 1.0% of the Contract Purchase Price of the new Investment(s).

  • Royalty Fee The Licensee agrees to pay AmericaTowne a monthly fee equal to 7.5% of its Gross Retail Sales (the "Royalty Fee").

  • Royalty Fees In further consideration of the distribution rights and related rights granted by Shengqu to the Licensees hereunder, the Licensees shall pay to Shengqu a royalty fee equal to 35% of revenues on a monthly basis.

  • Option Fee On the date hereof, Purchaser agrees to deliver to Owner the sum of One Thousand ($1,000.00) (the "Option Fee"). In the event that Purchaser exercises the Option, the Option Fee shall not be applied to the purchase price of the Premises. If Purchaser does not exercise the Option, Owner shall retain the Option Fee.

  • Origination Fee The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

  • Transaction Fee In connection with the creation or redemption of Creation Units, the Transfer Agent shall charge, and the Participant agrees to pay to the Transfer Agent, the Transaction Fee prescribed in the Prospectus and such additional amounts as may be prescribed pursuant to the Prospectus. Such Transaction Fee and additional amounts, if any, shall be included in the calculation of the Cash Component or Cash Redemption Amount payable or to be received, as the case may be, by the Participant in connection with the creation or redemption order.

  • Processing Fee At the time each Advance is made, Borrower shall pay to Lender the Processing Fee with respect to such Advance.

  • Participation Fee The Borrower shall pay to the Agent (for the account of each Lender) a participation fee in the amount and at the time agreed in a Fee Letter.

  • Development Fees (a) For the development services described in Section 8 above, IMG will pay VERITAS at the "Annual Rate". The initial Annual Rate shall be one hundred eighty thousand dollars ($180,000) per person-year. Commencing January 1, 2002, the Annual Rate shall be adjusted to equal the product of the then current Annual Rate multiplied by a fraction, the numerator of which is the Consumer Price Index published for the December immediately preceding the January 1 in question and the denominator of which is the Consumer Price Index published for the immediately preceding December; provided, however, that any such increase in the Annual Rate shall not be greater than seven percent (7%) of the immediately preceding Annual Rate.

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