Sale Fee. In addition to the monthly fees, AlixPartners will be compensated for its efforts by the payment of a Sale Fee. The Company understands and acknowledges that the Sale Fee is an integral part of AlixPartners’ compensation for the engagement.
Sale Fee. If OCCUPANT’s property is processed for sale at public auction, OCCUPANT shall be responsible for a minimum public auction processing fee shown in the attached as a Sale Fee.
Sale Fee. In addition to the fixed fee, AlixPartners will be compensated for its efforts by the payment of a Sale Fee. The Company understands and acknowledges that the Sale Fee is an integral part of AlixPartners’ compensation for the engagement. Sale Fee in connection with the sale of the Company (“Sale Fee”): If the Company is sold then Xxxxx will pay AlixPartners a Sale Fee based on the Transaction Price (defined below) of the Company. The Sale Fee will be paid according to the following schedule: · Company is sold (regardless of Transaction Price): $75,000 · Transaction Price between [*]: $150,000 · Transaction Price between [*]: $200,000 · Transaction Price between [*]: $250,000 · Transaction Price between [*]: $300,000 · Transaction Price over [*]: $400,000 If this engagement is completed or terminated, AlixPartners shall remain entitled to its Sale Fee payable in connection with the engagement if the Company is sold within a period of 12 months from the date of completion or termination. The Transaction Price is defined as the total consideration paid to the Company and its shareholders, including cash, debt assumed, deferred or contingent purchase price, or other consideration, if any, that comprises the amount necessary to consummate the transaction. The Sale Fee shall be paid out of the proceeds at the closing of the transaction.
Sale Fee. 12.1. The Manager shall be entitled to be paid a sale fee of 1% (plus GST) of the sale price of each Property sold payable upon settlement of the relevant Property.
Sale Fee. If Co-Owners holding more than fifty percent (50%) of the Interests in the Property approve the Property Manager to assist in a sale of the Project, in addition to any compensation otherwise due Property Manager hereunder, upon a sale of all or substantially all of the Project or interests therein (but not a sale of individual Interests pursuant to the Tenants in Common Agreement), the Tenants in Common shall pay Property Manager a fee (the “Sale Fee”) in an amount equal to one-half percent (0.5%) of the sales price. The Sale Fee shall be due and payable to Property Manager upon the closing of the sale so long as such sale closes prior to a termination of this Agreement or within twelve (12) months after a termination of this Agreement; provided, however, that such Sale Fee shall not be due and payable to Property Manager if Owner terminates this Agreement effective prior to such sale “for cause” pursuant to the terms of Section 10.2 below. Property Manager is authorized on behalf of Co-Owners to instruct any subject escrow holder to pay the Sale Fee to Property Manager upon a close of the subject Escrow and pursuant to the terms herein. Co-Owners’ acknowledge that the Sale Fee is separate and apart from any other fees or expenses that may be incurred by them relative and incidental to a sale of the Property, including but not limited to real estate broker/agent commissions.
Sale Fee. Unless we agree a fixed fee with you, Purple Frog’s fees are a percentage of the actual gross sale price achieved (including vat at the prevailing rate). The gross sale price will include any extra monies paid for fixtures and fittings. You authorise any solicitor acting on your behalf in the sale of this property(ies), to deduct fees due to us directly from the proceeds of the sale and pay them to Purple Frog.
Sale Fee. Upon the closing of a Sale Transaction, the Company shall pay SSG a cash fee (the "Sale Fee") equal to the greater of (a) $300,000 (or, with respect to the parties listed on Schedule A hereto, $250,000 - in either case, the "Minimum Fee") or (b) an amount equal to 3.0% of the Total Consideration (as such term is defined below); PROVIDED, HOWEVER, THAT THE SALE FEE SHALL BE REDUCED BY THE FULL AMOUNT OF ANY (x) MONTHLY FEES AND (y) DIP FINANCING FEE ACTUALLY PAID BY THE COMPANY AND RECEIVED BY SSG. THE MINIMUM FEE SHALL NOT APPLY TO A SALE OF LESS THAN ALL OR SUBSTANTIALLY ALL OF THE COMPANY'S ASSETS OR OPERATIONS (TO ONE OR MORE BUYER(s)) AND SHALL BE BASED ON THE AGGREGATE VALUE OF TOTAL CONSIDERATION FOR ALL ASSET SALES. FOR PURPOSES OF THIS AGREEMENT "SUBSTANTIALLY ALL" OF THE COMPANY'S ASSETS MEANS AND INCLUDES A SALE INVOLVING EACH OF THE COMPANY'S OPERATING RETAIL OPTICAL CHAINS. The Sale Fee shall be due and payable upon the closing of a Sale Transaction that involves the sale or transfer, directly or indirectly, of all or a significant portion of the assets or more than 49.9% of the voting stock of the Company, or any other extraordinary corporate transaction involving the Company involving a change of control, whether by way of recapitalization, financial restructuring, consolidation, negotiated purchase, or otherwise, or any combination of the foregoing, to any party, whether pursuant to section 363 of the United States Bankruptcy Code, a confirmed Plan in the Chapter 11 Case, or otherwise. The Sale Fee shall be payable in cash, in federal funds Mr. Dale Fuller August 11, 2004 Page 5 via wire transfer or cxxxxxxxx xxxxx, at, and as a condition of, closing of such Sale Transaction.
Sale Fee. (incl. GST) 7.1 Conjunction Period: Home: ...../..../............ End:........................................................ 7.2 Sale Fee: ................
Sale Fee. Our fully inclusive Sale Fee will be 0.75% plus VAT (minimum fee £950.00). The Sale Fee will become payable when unconditional contracts for sale have been exchanged. By signing this agreement, you agree to our Sale Fee being settled in full, from the proceeds of the sale, by your solicitor/conveyancer on the date of completion, who we will instruct on your behalf on acceptance of an agreeable offer.
Sale Fee. If the Company closes on the Sale of all or a significant portion of its assets or securities, or any other extraordinary corporate transaction, whether by way of recapitalization, merger, reverse merger, consolidation, negotiated purchase or otherwise, or any combination of the aforementioned during the Engagement Term to any party, (the “Sale Transaction”), SSG shall be entitled to receive a sale fee (the “Sale Fee”) payable in cash, in federal funds via wire transfer or certified check, subject to Bankruptcy Court approval upon appropriate application, equal to 5.0% of the Total Consideration up to $10,000,000 and 10% of the Total Consideration in excess of $10,000,000. (By way of example, if the Company sells its assets in two separate transactions, each for $8,000,000, SSG would be entitled to receive $400,000 upon closing of the first Sale Transaction and an additional $700,000 upon closing of the second Sale Transaction.) To the extent the Company closes a sale transaction with Xxxxxxxx.xxx, Inc. then the Sale Fee due to SSG shall be equal to 75% of the amount calculated as per the above formula. In no event shall the Sale Fee be less than $250,000.
