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Success Fees Sample Clauses

Success FeesThe Company will pay MBA a Success Fee, as described below, when the Company closes on the Financing during the Term (as hereinafter defined) of this Agreement.
Success FeesThe Company will pay MBA a Success Fee, as described below, when the Company closes on a Private Placement or a Transaction during the Term (as hereinafter defined) of this Agreement or during a one-year period thereafter, so long as any purchasers of the Company’s capital stock or parties to a Transaction were identified by or introduced to the Company by MBA (or are affiliates of any person so identified or introduced).
Success Fees. On (i) the Maturity Date of each Loan advanced hereunder on or after the date hereof (including, for certainty, the Third Tranche and every Additional Tranche), or (ii) at the option of the Lender, on the date of the acceleration by Lender of each such Loan advanced hereunder on or after the date hereof pursuant to Section 11.2 hereof (each, a “Calculation Date”) the Borrower shall pay the Lender a success fee payable with respect to each Loan so advanced by issuance and delivery by the Borrower to the Lender of such number of common shares being equal 10% of such Loan, divided by the lesser of (A) $1.50, (B) the lowest price at which any common shares were issued by the Borrower in any offering or equity financing or other transaction between the Closing Date and the Calculation Date of the relevant Loan, and (C) the Current Market Price on the Calculation Date of the relevant Loan (“Success Fee Shares”). Within five (5) Business Days of each Calculation Date, the Borrower shall, at its option, either: (X) issue and deliver the relevant number of Success Fee Shares to the Lender or (Y) make a cash payment to the Lender in an amount equal to the number of Success Fee Shares otherwise issuable multiplied by the Current Market Price as of the relevant Calculation Date.
Success Fees a. Five (5%) of all Consideration with such Success Fees capped at $5 million per annum.
Success Fees. Sanofi-Aventis shall pay Exelixis success fees of: (i) [ * ] Dollars ($[ * ]) within [ * ] after [ * ] of [ * ] the [ * ]; and (ii) [ * ] Dollars ($[ * ]) within [ * ] after [ * ] the [ * ] of [ * ] of a [ * ]. The success fee payments made by Sanofi-Aventis to Exelixis pursuant to this Section 9.1(c) shall be noncreditable and nonrefundable. Notwithstanding [ * ] or the [ * ], the fees payable pursuant to: (X) Section 9.1(c)(i) shall in no event be greater than [ * ] Dollars ($[ * ]) in the aggregate; and (Y) Section 9.1(c)(ii) shall in no event be greater than [ * ] Dollars ($[ * ]) in the aggregate.
Success Fees. PMI shall pay to LD a success fee in the amount of (i) $100 for each Pump and (ii) $120 for each Multi-Source Selector (the “Success Fee”) beginning on the latter of (x) the date of the First Commercial Sale of a Product or (y) receipt by LO of the final payment of Two Hundred Thousand U.S. Dollars ($200,000) paid by PMI pursuant to Section 3.6, on a quarterly basis within 45 days of the quarter close. The Success Fee shall be payable for each Pump and Multi-Source Selector sold by PMI directly or indirectly through any licensee, distributor or OEM anywhere in the world; provided, however, that any particular Pump or Multi-Source Selector shall be subject to only one Success Fee payment obligation, nor shall used or reconditioned Pumps or Multi-Source Selectors be subject to a Success Fee.
Success FeesThe Company will pay BSL a Success Fee, as described below, when the Company closes on a Financing or an M&A Transaction during the Term (as hereinafter defined) of this Agreement or during an eighteen-month period thereafter.
Success Fees. The Company or the Company Subsidiary shall pay to Bank a "Success Fee" amounting to the lesser of (i) one half of one percent (0.50%) of the original principal balance of the Company Subsidiary Loan (provided further, however, that Company Subsidiary acknowledges and agrees that the Success Fee for a Company Subsidiary Loan listed on Schedule I attached hereto, shall be one percent (1.0%) of the original principal balance of such Company Subsidiary Loan), or (ii) fifty percent (50%) of the remaining cashflows of the Pledged Mortgage Loans related to such Company Subsidiary Loan received after the payoff of such Company Subsidiary Loan.
Success Fees. (i) Upon a VivoPower-Acquired Project achieving commercial operation, as reasonably set forth in its applicable project agreements, irrespective of the identity of the then- current owner of such VivoPower-Acquired Project, then (A) VivoPower shall promptly (and in any event within 10 calendar days of VivoPower acquiring knowledge of such project achieving commercial operation) deliver written notice thereof to the Company, including the identity of the VivoPower-Acquired Project and the Project Company that owns or previously owned such project and the Nameplate Capacity of such VivoPower- Acquired Project; (B) VivoPower shall pay to the Company (in return for no additional consideration, including no additional Membership Interests) [***]5 (a “Success Fee”); ____ (C) such payment of the Success Fee by VivoPower to the Company shall not be treated as a Capital Contribution for purposes of this Agreement; and (D) the Success Fee shall be deemed to constitute VivoPower Disposition Proceeds for purposes of Section 4.2(b). 5 Confidential treatment requested (ii) Any Success Fee payable hereunder shall be in addition to any other payments to which the Company is entitled from VivoPower under this Agreement. Unless and until a Success Fee has been paid by VivoPower to the Company in respect of the relevant VivoPower-Acquired Project which achieved commercial operation, VivoPower shall (A) inform any third party who or which acquires, directly or indirectly, legal or beneficial ownership of all or any part of such VivoPower-Acquired Project’s assets of the existence of the obligations set forth in this Section 2.11(d); and (B) require any such third party to deliver written notice to VivoPower promptly (and in any event within 5 calendar days) of the occurrence of achievement of commercial operation, as set forth in its applicable project agreements.
Success Fees. In consideration of the delivery of the Custom Array Sets by ArQule under the Custom Array Program and of the [*] exclusive right granted to Bayer for filing Patent Rights on such compounds as described in Section 3.6. Bayer shall pay ArQule the following success fees for each Custom Array Compound delivered: Contract Year Success Fee Per Compound Aggregate Success Fees ------------- ------------------------ ---------------------- 1st [*] [*] 2nd [*] [*] 3rd [*] [*] The success fees shall be due on a quarterly basis at the conclusion of each calendar quarter, payable within thirty (30) days.