Sourcing Fee Sample Clauses

Sourcing Fee. The fees payable to the Advisor pursuant to Section 3.01(g) of this Agreement.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Sourcing Fee. Summit Expense Account ------------------------------------ 4.1 The Sourcing Fee shall be paid to Kyle Williams as compensxxxxx xxx xxx services rendered and to be rendered for and on behalf of Summit in connection with its entering into, and performance of, this Agreement. The Sourcing Fee shall be paid by GulfWest from the Advanced Funds pursuant to Section 5.3 hereof, and shall be paid to Kyle Williams within fivx xxxxxxxx xxys of GulfWest receiving verification that the full amount of the Advanced Funds have been deposited in a mutually agreed Federal Deposit Insurance Corporation (FDIC) member banking institution and that such funds are available for withdrawal as provided by this Agreement. 4.2 The Summit Expense Amount shall be paid to Summit to cover costs and expenses incurred by Summit in connection with its entering into, and performance of, this Agreement, and any other costs and expenses incurred by Summit in connection with this Agreement. The Summit Expense Amount shall be paid from the Advanced Funds as provided in Section 5.3 below, and shall be paid within five (5) business days of GulfWest's receipt of a monthly expense invoice submitted by Summit
Sample 1
Sourcing Fee. If the Advisor sources a property that the Company acquires, and if the Property, net of all fees and expenses, will have a yield that is reasonably expected to generate MFFO sufficient to fully cover an 8.0% distribution, then the Company will pay to the Advisor a Sourcing Fee of up to 1% of the Contract Purchase Price of each such Property acquired. The Sourcing Fee will be reduced by any amounts received by the Advisor or its Affiliates from the seller of the Property in excess of 1% of the Contract Purchase Price of the Property and by any amount necessary to support the 8.0% distribution threshold. The Company will not pay a Sourcing Fee for any Properties that the Advisor identifies for the Company that includes a third-party broker commission, unless the Company’s board of directors otherwise determines.
Sample 1
Sourcing Fee. If the Advisor sources a property that the Company acquires, and if the Property, net of all fees and expenses, will have a yield that is reasonably expected to generate funds from operations, as modified, sufficient to 100% cover an 8.0% distribution, then the Company will pay to the Advisor a Sourcing Fee of up to 1% of the Contract Purchase Price of each such Property acquired. The Sourcing Fee will be reduced by any amounts received by the Advisor or its Affiliates from the seller of the Property in excess of 1% of the Contract Purchase Price of the Property and by any amount necessary to support the 8.0% distribution threshold. The Company will not pay a Sourcing Fee for any Properties that the Advisor identifies for the Company that includes a third-party broker commission, unless our Board otherwise determines.
Sample 1
Sourcing Fee. In the event that HBK elects pursuant to Section 1.1 to fund a Venture, HBK shall pay to the Company a fee equal to three percent (3%) of the purchase price for the Portfolio purchased by the Venture (the "Sourcing Fee") with the understanding that no monies in the Operational Reserve or Additional Reserve shall be included in the calculation of the Sourcing Fee. The Sourcing Fee shall be due and payable to the Company at closing of the acquisition of the Portfolio by the Venture, in cash, by wire transfer of immediately available funds to an account designated in writing by the Company. From time to time properties or promissory notes acquired as part of a Portfolio may be returned to the seller of the Portfolio by a Venture due to title or other issues and the purchase price is returned to MAC, in which case such returned purchase price and the previously paid 3% Sourcing Fee attributable to such returned purchase price will be paid over to HBK.
Sample 1
Sourcing Fee. If the Advisor sources a property that the Company acquires, and if the Property is reasonably expected to generate MFFO sufficient to produce at least an 8.0% current yield, then the Company will pay to the Advisor a Sourcing Fee of up to 1% of the Contract Purchase Price of each such Property acquired. The Sourcing Fee will be reduced by any amounts received by the Advisor or its Affiliates from the seller of the Property in excess of 1% of the Contract Purchase Price of the Property and by any amount necessary to support the 8.0% yield threshold. The Company will not pay a Sourcing Fee for any Properties that the Advisor identifies for the Company that includes a third-party broker commission, unless the Company’s board of directors otherwise determines.
Sample 1

Related to Sourcing Fee

  • Distribution Fee The distribution fee payable to the Dealer Manager as additional compensation for serving as the dealer manager for the Offering and reallowable to Soliciting Dealers with respect to Shares sold by them, as described in the Corporation’s Prospectus.

  • Financing Fee In the event of any debt financing obtained by or for the Company, the Company will pay to the Advisor or its assignees upon the closing of such debt financing a fee (a “Financing Fee”) equal to (i) 0.75% of the amount available under such debt financing, whether at the Company, Partnership, or any direct or indirect subsidiary level, and (ii) 0.75% of the portion that is attributable to the Company’s or the Partnership’s direct or indirect investment in a Joint Venture or partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner. The Advisor (or Sub-advisor) may reallow all or a portion of any Financing Fee to reimburse a non-Affiliated third party with whom it may subcontract to procure any such debt financing. All or any portion of the Financing Fees not taken as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine.

  • Structuring Fee In consideration for the time, effort and expense involved in the preparation, negotiation and execution of this Agreement, at the time of the execution and delivery of this Agreement by the Company and Prudential, the Company will pay to Prudential in immediately available funds a fee (the “Structuring Fee”) in the amount of $25,000.

  • Distribution Assistance Fees (Asset-Based Sales Charge) Payments In its sole discretion and irrespective of whichever alternative method of making service fee payments to Recipients is selected by the Distributor, in addition the Distributor may make distribution assistance fee payments to a Recipient quarterly, or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days after the end of each calendar quarter or other period, at a rate not to exceed 0.1875% (0.75% on an annual basis) of the average during the period of the aggregate net asset value of Shares computed as of the close of each business day constituting Qualified Holdings owned beneficially or of record by the Recipient or its Customers until such Shares are redeemed or converted to another class of shares of the Fund, provided, however, that a majority of the Independent Trustees may, but are not obligated to, set a time period (the "Recipient Maximum Holding Period") for making such payments. Distribution assistance fee payments shall be made only to Recipients that are registered with the SEC as a broker-dealer or are exempt from registration. The distribution assistance to be rendered by the Recipients in connection with the sale of Shares may include, but shall not be limited to, the following: distributing sales literature and prospectuses other than those furnished to current Shareholders, providing compensation to and paying expenses of personnel of the Recipient who support the distribution of Shares by the Recipient, and providing such other information and services in connection with the distribution of Shares as the Distributor or the Fund may reasonably request.

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

  • Monitoring Fee The Owners agree to pay the Council’s costs and expenses incurred or to be to be incurred by the Council in the administration and monitoring of the provisions of his Agreement in the sum of £400.00 such sum to be paid to the Council on the Effective Date

  • Distribution Assistance Fees (Asset-Based Sales Charge) Within ten (10) days of the end of each month or at such other period as deemed appropriate by the Distributor, the Fund will make payments in the aggregate amount of up to 0.75% on an annual basis of the average during the month of the aggregate net asset value of Shares computed as of the close of each business day (the “Asset-Based Sales Charge”) outstanding until such Shares are redeemed or converted to another class of shares of the Fund, provided, however, that a majority of the Independent Trustees may, but are not obligated to, set a time period (the “Fund Maximum Holding Period”) from time to time for such payments. Such Asset-Based Sales Charge payments received from the Fund will compensate the Distributor for providing distribution assistance in connection with the sale of Shares. The distribution assistance to be rendered by the Distributor in connection with the Shares may include, but shall not be limited to, the following: (i) paying sales commissions to any broker, dealer, bank or other person or entity that sells Shares, and/or paying such persons “Advance Service Fee Payments” (as defined below) in advance of, and/or in amounts greater than, the amount provided for in Section 3(b) of this Agreement; (ii) paying compensation to and expenses of personnel of the Distributor who support distribution of Shares by Recipients; (iii) obtaining financing or providing such financing from its own resources, or from an affiliate, for the interest and other borrowing costs of the Distributor's unreimbursed expenses incurred in rendering distribution assistance and administrative support services to the Fund; and (iv) paying other direct distribution costs, including without limitation the costs of sales literature, advertising and prospectuses (other than those prospectuses furnished to current holders of the Fund's shares ("Shareholders")) and state "blue sky" registration expenses.

  • Asset Management Fee The fee payable to the Advisor for day-to-day professional management services in connection with the Company and its investments in Assets pursuant to this Agreement.

  • Cash Fee The Company shall pay to Xxxxxxxxxx a cash fee, or as to an underwritten Offering an underwriter discount, equal to 7.0% of the aggregate gross proceeds raised in each Offering.

  • Cash Distribution Fee by any Holder of ADSs, a fee not in excess of U.S. $5.00 per 100 ADSs (or fraction thereof) held for the distribution of cash dividends or other cash distributions (e.g., upon a sale of rights and other entitlements);

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!