Success Fees. The 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 Fees. The 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 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:
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. In the event Company enters into an agreement for an Investment Transaction with a Finder Contact during the Term (as defined in Section 7 below) or within 3 months following the date of its expiration or termination (the “Determining Period”), for an Investment Transaction in the Bridge Loan Round, the Finder shall be entitled to the following consideration:
Success Fees. The 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. 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 Fees. To induce Subordinate Lender to make the Subordinate Loan on the terms and conditions set forth in this Agreement and the other Subordinate Loan Documents and as a result of the substantial risk of nonpayment that the Subordinate Lender is assuming, Borrower agrees to pay the amounts to Subordinate Lender in an amount equal to the percent of all payments made by the City pursuant to the City PFS Agreement (including all Board Pay-For-Success Payments made by CPS pursuant to the Intergovernmental Agreement) set forth on and pursuant to the Priority of Payments Schedule (any such amounts in excess of the principal and Stated Interest on the Subordinate Loan, the “Subordinate Lender Success Fees”). Borrower acknowledges that its agreement to pay Subordinate Lender Success Fees is an essential feature of the bargain between Borrower and Subordinate Lender without which the Subordinate Lender would not have agreed to make the Subordinate Loan considering the substantial risk of nonpayment of the Subordinate Loan. Subordinate Lender and Xxxxxxxx acknowledge that (i) the Subordinate Lender Success Fees are due only in the event that Borrower has paid the Subordinate Loan Stated Interest and principal in accordance with and in the amounts contemplated by the Priority of Payments Schedule and
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.
