Support Services Fee. (a) In consideration of the performance of the Services contemplated by Section 1.1 hereof, the Company agrees to pay the Service Provider or its designee(s) a monthly fee payable in cash equal to $10,000 (the “Support Services Fee”). The Support Services Fee shall be payable by the Company monthly in advance on the first business day of each month that occurs following the Listing Date until the Termination Date, without regard to the amount of the Services actually performed by the Service Provider. Notwithstanding anything to the contrary, the first monthly installment of the Support Services Fee shall be payable by the Company in advance on the Listing Date, instead of on the first business day of the first month that occurs following the Listing Date.
Appears in 7 contracts
Samples: Support Services Agreement (Banyan Acquisition Corp), Support Services Agreement (Banyan Acquisition Corp), Support Services Agreement (Social Leverage Acquisition Corp I)
Support Services Fee. (a) In consideration of the performance of the Services contemplated by Section 1.1 hereof, the Company agrees to pay the Service Provider or its designee(s) a monthly fee payable in cash equal to $10,000 20,000 (the “Support Services Fee”). The Support Services Fee shall be payable by the Company monthly in advance on the first business day of each month that occurs following the Listing Date until the Termination Date, without regard to the amount of the Services actually performed by the Service Provider. Notwithstanding anything to the contrary, the first monthly installment of the Support Services Fee shall be payable by the Company in advance on the Listing Date, instead of on the first business day of the first month that occurs following the Listing Date.
Appears in 3 contracts
Samples: Support Services Agreement (Crucible Acquisition Corp. II), Support Services Agreement (Revolution Acceleration Acquisition Corp II), Support Services Agreement (Crucible Acquisition Corp)
Support Services Fee. (a) In consideration of the performance of the Services contemplated by Section 1.1 hereof, the Company agrees to pay the Service Provider or its designee(s) a monthly fee payable in cash equal to $10,000 25,000 (the “Support Services Fee”). The Support Services Fee shall be payable by the Company monthly in advance on the first business day of each month that occurs following the Listing Date until the Termination Date, without regard to the amount of the Services actually performed by the Service Provider. Notwithstanding anything to the contrary, the first monthly installment of the Support Services Fee shall be payable by the Company in advance on the Listing Date, instead of on the first business day of the first month that occurs following the Listing Date.
Appears in 1 contract
Samples: Support Services Agreement (Crucible Acquisition Corp. III)
