Diligence Fee definition

Diligence Fee means fees (not to exceed $35,000 annually) payable by Seller to Buyer in respect of Buyer's legal and other expenses incurred in connection with its review of the Diligence Materials.
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Diligence Fee means fees (so long as no Event of Default is continuing, not to exceed $50,000 annually with respect to this Agreement and the Securities Repurchase Agreement) payable by Seller to Buyer in respect of Buyer’s out-of-pocket expenses (other than legal expenses) incurred in connection with its review of the Diligence Materials hereunder and under the Securities Repurchase Agreement.
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Diligence Fee has the meaning set forth in Section 6.26.
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Examples of Diligence Fee in a sentence

  • The Due Diligence Fee will be payable out of funds held pursuant to the Escrow Agreement.

  • The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b).

  • Borrower shall pay the Due Diligence Fee to Lender promptly upon the execution of this Agreement and annually thereafter.

  • If legal proceedings are brought by Buyer against Seller to recover the Earnest Money Deposit, the Due Diligence Fee and/or the reasonable costs actually incurred by Buyer in connection with Buyer’s Due Diligence, the prevailing party in the proceeding shall be entitled to recover from the non-prevailing party reasonable attorney fees and court costs incurred in connection with the proceeding.

  • In the event that AIR or any of its Affiliates exercises its right of first offer pursuant to the MLA (the “MLA ROFO”) and acquires any New Property pursuant to the terms of the MLA ROFO, then Owner shall not be obligated to pay to Manager the Acquisition Diligence Fee.

  • Except as stated in section 1.34 of this Agreement, each of the parties shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, except that the Company shall pay a non-refundable Structuring & Due Diligence Fee of Ten Thousand Dollars to Investor.

  • Buyer and Seller each expressly waive any right that they may have to deny the right to conduct Due Diligence or to assert any defense as to the enforceability of this Contract based on the absence or alleged insufficiency of any Due Diligence Fee, it being the intent of the parties to create a legally binding contract for the purchase and sale of the Property without regard to the existence or amount of any Due Diligence Fee.

  • If Seller fails to materially comply with any of Seller’s obligations under this Paragraph 8 or Seller materially breaches this Contract, and Buyer elects to terminate this Contract as a result of such failure or breach, then the Earnest Money Deposit and the Due Diligence Fee shall be refunded to Buyer and Seller shall reimburse to Buyer the reasonable costs actually incurred by Buyer in connection with Buyer’s Due Diligence without affecting any other remedies.

  • The Due Diligence Fee shall be non-refundable except in the event of a material breach of this Contract by Seller, or if this Contract is terminated under Paragraph 8(n) or as otherwise provided in any addendum hereto.

  • The Due Diligence Fee has been paid by Borrowers prior to the Closing Date.


More Definitions of Diligence Fee

Diligence Fee means $250, or such other amount as may be determined from time to time upon agreement of the Manager and the Company.
Sample 1
Diligence Fee means those documented actual out-of-pocket fees, costs and expenses reasonably incurred by Buyer and any third party appointed by Buyer, in connection with its review of the Diligence Materials hereunder and Buyer’s continuing due diligence reviews of Purchased Loans pursuant to Section 21 or otherwise hereunder.
Sample 1
Diligence Fee means fees, costs and expenses (so long as no Event of Default is continuing, not to exceed $30,000 annually or such prorated amount as shall be applicable for the 2010 calendar year) payable by Seller to Buyer in respect of Buyer’s out-of-pocket fees, costs and expenses (other than legal expenses and desk reviews) incurred in connection with its review of the Diligence Materials hereunder and Buyer’s continuing due diligence reviews of Purchased Loans pursuant to Section 21 or otherwise hereunder. Buyer’s current fee for a desk review of a third party report is $500.
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Related to Diligence Fee

  • Due Diligence Fee means a payment of an annual fee equal to $800 due upon the date of this Agreement and $500 due upon each anniversary thereof so long as any Advance is outstanding or available hereunder.

  • Licence Fee means the licence fee specified in Item 7 of Schedule 1.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

  • Due Diligence Review means the performance by Buyer of any or all of the reviews permitted under Section 44 hereof with respect to any or all of the Loans or Seller or related parties, as desired by Buyer from time to time.

  • Inspection Fee means a fee payable to Lender or Loan Servicer for performing any inspection required by this Agreement in an amount not to exceed $500.00 per inspection.

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Due Diligence Request means the due diligence request letter from Xxxxxxx and Xxxxxx LLP, counsel to the Purchaser, dated March 6, 2024.

  • Due Diligence Materials means the information to be provided by Seller to Purchaser pursuant to the provisions of Section 4.1 hereof.

  • Due Diligence Information means any information supplied to the Supplier by or on behalf of the Customer prior to the Call Off Commencement Date;

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Hire Fee the hire fee specified in Item 13.

  • Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, first mortgage broker or originator required to be licensed or registered pursuant to sections 36a-485 to 36a-498a, inclusive, as amended by this act, prior to the closing of a first mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;

  • Licence Fees the fees to be paid by the Licensee to HKEX-IS pursuant to clause 5.2.

  • Interim Payment has the meaning specified in Section 10.1.

  • Due Diligence Period has the meaning set forth in Section 4.1.

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Acceptance Fee means a fee payable in Canadian Dollars by the Canadian Borrower to the Administrative Agent for the account of a Canadian Lender with respect to the acceptance of a B/A or the making of a B/A Equivalent Loan on the date of such acceptance or loan, calculated on the face amount of the B/A or the B/A Equivalent Loan at the rate per annum applicable on such date as set forth in the row labeled “Fixed Rate Spread” in the definition of the term “Applicable Percentage” on the basis of the number of days in the applicable Contract Period (including the date of acceptance and excluding the date of maturity) and a year of 365 days (it being agreed that the rate per annum applicable to any B/A Equivalent Loan is equivalent to the rate per annum otherwise applicable to the Bankers’ Acceptance which has been replaced by the making of such B/A Equivalent Loan pursuant to Section 2.24).

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Initiation fee means a fee charged by us to you in order to create a credit facility for you;

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.