Substitution Fee Sample Clauses

Substitution Fee. If Lender consents to the addition of the proposed Substitute Mortgaged Property to the Collateral Pool, and Borrower elects to add the Substitute Mortgaged Property to the Collateral Pool, Borrower shall pay the Substitution Fee to Lender as one of the conditions to the closing of the Substitute Mortgaged Property.
AutoNDA by SimpleDocs
Substitution Fee. In the event CRISPR choses to substitute the [*****] Program a Substitution Fee of [*****] US dollars (US$ [*****]) is due within [*****] days of confirmation of the new target by CureVac, or once the target is confirmed not to be a Reserved Program in accordance with Section 4.3(b) above.
Substitution Fee. OncoGenex will pay Isis (i) [***] plus (ii) the applicable Target Level Fee (as calculated under Section 4.1 above) for such target for each substituted Collaboration Gene Target it makes under Section 2.3.3 (a “Substitution Fee”); provided however that OncoGenex may credit the Target Level Fee OncoGenex paid to Isis (if any) for the Collaboration Gene Target replaced as part of such substitution against this substitution fee. Notwithstanding the foregoing, OncoGenex will not receive any refund or reimbursement if the amount OncoGenex is entitled to credit under this Section 4.2 is greater than the applicable Substitution Fee. The payments due Isis under this Section are payable in cash or shares of OncoGenex Preferred Stock (as defined in Appendix 1) at OncoGenex’s sole discretion.
Substitution Fee. In the event that the Borrowers request a Substitution, the Borrowers shall pay to the Facility Agent (for distribution pro rata to the Lenders) a substitution fee equal to 15 bps of the Tranche relating to the Substitution Vessel within five (5) days from the Substitution Date.
Substitution Fee. The Substitute Financier agrees to pay the Facility Agent a fee of A$1500 on entering into the Substitution Agreement after the end of general syndication (as determined by the Facility Agent).
Substitution Fee. Borrower shall pay to Lender on the Closing Date for a Substitution Request, a Substitution Fee.
Substitution Fee. If Lender consents to the addition of the proposed Substitute Mortgaged Property to the Collateral Pool and the release of the proposed Release Property from the Collateral Pool, and Borrower elects to add the Substitute Mortgaged Property to the Collateral Pool and release the proposed Release Property from the Collateral Pool, Borrower shall pay the Substitution Fee and all legal fees and expenses payable by Borrower pursuant to Section 10.04 as one of the conditions to the closing of the addition of the Substitute Mortgaged Property to the Collateral Pool and the release of the proposed Release Property from the Collateral Pool.]
AutoNDA by SimpleDocs
Substitution Fee. 7.2.1 During the Initial Collaboration Target Substitution Period, Merck shall have the right to substitute the Initial Collaboration Target in accordance with Section 4.1.3(a) a total of . During the first of the Initial Target Substitution Period (the “Initial Collaboration Target No-Cost Substitution Period”), Merck may make such substitutions at no cost. Following the Initial Collaboration Target No-Cost Substitution Period (during the remainder of the Initial Collaboration Target Substitution Period), to substitute the Initial Collaboration Target or the Substitute Collaboration Target substituting the Initial Collaboration Target in accordance with Section 4.1.3(a), Merck shall pay C4T a substitution fee as described below: Period # Period Start Date Period End Date Duration (in months) Event Determining Payment Amount Amount Due by Merck 7.2.2 For the period commencing on the of the Research Program Term for a given Optioned Collaboration Target and terminating prior to the date falling thereafter, Merck shall have the right to substitute such Optioned Collaboration Target for a Substitute Collaboration Target in accordance with Section 4.1.3(b), at no cost (the “Optioned Collaboration Target No-Cost Substitution Period”). Following the Optioned Collaboration Target No-Cost Substitution Period (during the remainder of the Optioned Collaboration Target Substitution Period), to substitute a given Optioned Collaboration Target for a Substitute Collaboration Target in accordance with Section 4.1.3(b), Merck shall pay C4T a substitution fee of (a) if the substitution occurs after the Optioned Collaboration Target No-Cost Substitution Period but before the date falling from the beginning of the Research Program Term, in each case for the Optioned Collaboration Target being

Related to Substitution Fee

  • Application Fee Prior to the Resident being accepted to The Residence, a non-refundable Application Fee of $100 must be made. This Application Fee applies to each application and is not refundable in the event of cancellation or withdrawal of the Resident’s application. The amount of the Application Fee is detailed in Table 4.

  • 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.

  • Loan Fee Borrower agrees to pay Lender a single loan fee per Loan (a “Loan Fee”) equal to $0.001 per Loaned Share. The Loan Fee shall be paid by Borrower on or before the time of transfer of the Loaned Shares pursuant to Section 2(d) on a delivery-versus-payment basis through the facilities of the Clearing Organization.

  • 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.

  • Modification Fee In consideration of the Lenders amending the Loan Agreement as provided herein, each Borrower jointly and severally agrees to pay to the Agent for the account of each Lender approving this Amendment (which approval is evidenced by its signature below) a modification fee in an amount equal to one-half of one percent (0.50%) of such Lender’s Commitment.

  • Construction Fee A fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitations on a Property.

  • 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).

  • 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.

  • Option Fee (1) The Joint Venturers will pay the Option Fee to the Water Authority in accordance with the provisions of this clause. (2) No Option Fee will be payable in respect of the Option Term prior to 1 January 1995. (3) Subject to the provisions of this Part, the Option Fee will be payable by the Joint Venturers to the Water Authority quarterly in advance, with the first quarterly payment of the Option Fee being due in respect of the Quarter commencing on 1 January 1995.

  • Extension Fee If the Borrower exercises its right to extend the Termination Date in accordance with Section 2.12., the Borrower agrees to pay to the Agent for the account of each Lender a fee equal to two-tenths of one percent (0.20%) of the amount of such Lender’s Commitment (whether or not utilized) at the time of such extension. Such fee shall be due and payable in full on the date the Agent receives the Extension Request pursuant to such Section.

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