Deferred Fee definition

Deferred Fee means an amount equal to the amount set out in item 5 of Schedule One.

Deferred Fee has the meaning set forth in Section 15.7(b).

Deferred Fee has the meaning specified in the Fee Letter.

Examples of Deferred Fee in a sentence

• The Underwriters hereby agree that if no Business Combination is consummated within the time period provided in the Trust Agreement and the funds held under the Trust Agreement are distributed to the Public Stockholders, (i) the Underwriters will forfeit any rights or claims to the Firm Unit Deferred Fee and (ii) CST&T, as trustee under the Trust Agreement, is authorized to distribute the Firm Unit Deferred Fee to the Public Stockholders on a pro rata basis.

• Upon the consummation of the initial Business Combination, the Company will pay to the Representatives, on behalf of the Underwriters, the Deferred Fee, including the Option Unit Deferred Fee, if applicable.

• In connection with any such liquidation, the Underwriters will forfeit any rights or claims to the Deferred Fee, including the Option Unit Deferred Fee.

• The Underwriters shall have no claim to payment of any interest earned on the portion of the proceeds held in the Trust Account representing the Deferred Fee.

• If the Company fails to consummate its initial Business Combination within the time period provided in the Trust Agreement, the Deferred Fee, including the Option Unit Deferred Fee, if applicable, will not be paid to the Representatives and such amount will, instead, be included in the liquidation or distribution of the proceeds held in the Trust Account made to the Public Stockholders.

More Definitions of Deferred Fee

Deferred Fee means the deferred fee payable as calculated in accordance with Clause 3 (Calculation and Payment of Deferred Fee).

Deferred Fee means the portion of a Director's Fee for any Plan Year, or part thereof, that has been deferred pursuant to a Deferral Agreement.

Deferred Fee shall have the meaning set forth in Section 12.04.

Deferred Fee means that certain obligation due and owing from GBHC ------------ to NJMI, in the approximate amount of $210,700, payable at the time of confirmation of a plan of reorganization in the Sands Bankruptcy, which obligation arose pursuant to the Interim Sands Agreement.

Deferred Fee shall have the meaning given thereto in paragraph (a)(ii) of Section 4 (Inducement Fees).

Deferred Fee means that portion of the Base Monthly Fee which is deferred in accordance with Section 3.2.

Deferred Fee means, with respect to any portion of the Term Loans, an amount equal to the product of 2% and the principal amount of such portion of the Term Loans.