Diligence Fees means fees, costs and expenses payable by Seller to Buyer in respect of Buyer’s out-of-pocket fees, costs and expenses (other than legal expenses) 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.
Diligence Fees means fees, costs and expenses payable by Seller to Buyer in respect of Buyer’s reasonable, out-of-pocket fees, costs and expenses (other than legal expenses) incurred in connection with its review of the Diligence Materials hereunder and Buyer’s continuing due diligence reviews of Purchased Assets pursuant to Section 21 or otherwise hereunder; provided, however, that, so long as no Event of Default is continuing, such fees, costs and expenses (other than the cost of appraisals and legal expenses) of Buyer shall not exceed $10,000 per annum without the prior written consent of Seller.
Diligence Fees means reasonable and documented out-of-pocket fees, costs and expenses payable by Sellers to Buyer and Repo Agent in respect of Buyer’s and Repo Agent’s out-of-pocket fees, costs and expenses (including legal fees and expenses) incurred in connection with its review of the Diligence Materials hereunder and Buyer’s and Repo Agent’s continuing due diligence reviews of Purchased Loans pursuant to Section 20 or otherwise hereunder; provided, however, that in no event shall aggregate Diligence Fees exceed the product of (i) $500 and (ii) the number of Mortgage Loans that are or have ever been subject to Transactions under this Agreement.
Examples of Diligence Fees in a sentence
The full amount of the required Due Diligence Fees as specified above.
Other than checks for Due Diligence Fees and Earnest Money Deposits, Norman may not “deliver” checks made payable to someone else.
The main applicant pays Due Diligence Fees and Processing Fees andthe application is submitted by the Authorised Agent.2. The CBIU examines the application.• In the case of missing documents or irregularities, the CBIU sends a query letter to the Authorised Agent to provide the correct documents or additional information.
Due Diligence Fees: Shall have the meaning provided in Section 11.15 hereof.
Unless waived in writing by Lessor, this Lease shall automatically terminate if the Due Diligence Fee or Additional Due Diligence Fees are not received by Lessor within the time required.
The Additional Collateral Due Diligence Fees shall be paid together with any Addition Request or Substitution Request.
Each Addition Request shall be accompanied by the following: (i) the information required by Lender’s Underwriting Requirements and any additional information Lender may reasonably request; and (ii) the payment of all Additional Collateral Due Diligence Fees.
Bidders should refer to Attachment A.2 - Bidder Fees and Due Diligence Fees for more guidance on due diligence fees.
CONTRACTOR shall receive 20% of Due Diligence Fees paid to COMMONWEALTH CAPITAL by the Portfolio Company shall be earned by and payable to CONTRACTOR when such Due Diligence Fees are paid.
Search Fee/Due Diligence Fees amounting to N50,000 are due for the conduct of search and due diligence on prospective miners.
More Definitions of Diligence Fees
Diligence Fees means fees, costs and expenses payable by Seller to Buyer in respect of Buyer’s fees, costs and expenses (other than legal expenses) incurred in connection with its review of the Diligence Materials hereunder and Xxxxx’s continuing due diligence reviews of Purchased Assets pursuant to Section 21 or otherwise hereunder. “Diligence Materials” shall mean, with respect to any New Asset, the related Preliminary Due Diligence Package together with the related Supplemental Due Diligence Package. “Draft Appraisal” shall mean a short form appraisal, “letter opinion of value”, or any other form of draft appraisal acceptable to Buyer. “Early Repurchase Date” shall have the meaning specified in Section 3(i) of this Agreement. “Electronic Signature” shall have the meaning specified in Section 27(f) of this Agreement. “Eligible Assets” shall mean (i) performing Mortgage Loans and Participation Interests (A) acceptable to Buyer in the exercise of its sole discretion, provided that following a determination by Buyer that an asset or loan is an Eligible Asset pursuant to this clause (A). Buyer may not revise such determination as a result of an examination of the same due diligence materials received by it in connection with such initial determination unless any such information was untrue or incorrect as of the time provided, (B) secured directly by an Eligible Property, (C) which have a term equal to or less than ten (10) years (assuming exercise of all extension options), (D) as to which the applicable representations and warranties set forth in Exhibit III are true and correct as of the applicable Purchase Date unless otherwise disclosed in the Exception Report delivered to Buyer on or prior to such Purchase Date, (E) that do not require any Hedging Transaction or have a Hedging Transaction acceptable to Buyer in its sole discretion, (F) that have a maximum LTV not in excess of 80%, (G) that have an original principal balance of not less than $5,000,000, (H) that is not a Defaulted Asset and (I) that are not subject to restrictions on transfer of lender’s interest therein and (ii) such other commercial real estate debt instruments acceptable to Buyer in its sole discretion; in each case, acceptable to Buyer in its sole discretion on a case-by-case basis.
Diligence Fees means fees, costs and expenses payable by Seller to Buyer in respect of Buyer’s fees, costs and expenses (other than legal expenses) incurred in connection with its review of the Diligence Materials hereunder and Buyer’s continuing due diligence reviews of Purchased Assets pursuant to Section 20(b) or otherwise hereunder; provided, however, for all Purchased Assets that are not Table Funded Purchased Assets, the Diligence Fees payable by Seller hereunder shall be capped at $7,500.
Diligence Fees means reasonable and documented outofpocket fees, costs and expenses payable by Sellers to Buyer and Repo Agent in respect of Buyer’s and Repo Agent’s outofpocket fees, costs and expenses (including legal fees and expenses) incurred in connection with its review of the Diligence Materials hereunder and Buyer’s and Repo Agent’s continuing due diligence reviews of Purchased Loans pursuant to Section 20 or otherwise hereunder; provided, however, that in no event shall aggregate Diligence Fees exceed the product of (i) $500 and (ii) the number of Mortgage Loans that are or have ever been subject to Transactions under this Agreement.
Diligence Fees. On the Closing Date, the Company shall reimburse Bushido Capital Partners for legal, transactional and due diligence costs associated with this transaction. The amount will be not more than $50,000 and will be non-accountable. PLACEMENT AGENT FEES: 8% cash and warrants with the same terms as those issued to Purchasers exercisable for 8% of the Common Stock for which the Purchaser's warrant are exercisable, provided that the Placement Agent warrant shall have a cashless exercise provision. EXPIRATION DATE: The present term sheet will expire, unless signed by both parties or extended in writing, at the close of business on Wednesday, February 22nd, 2006. ELITE PHARMACEUTICALS, INC. ______________________ Date ___________ BERNARD BERK Chairman & CEO & BUSHIDO CAPITAL PARTNERS, LTD. ______________________ Date ___________ Ronald S. Dagar Partner
Diligence Fees means fees, costs and expenses payable by Seller to Buyer in respect of Buyer’s reasonable, out-of-pocket fees, costs and expenses (other than legal expenses) incurred in connection with its review of the Diligence Materials hereunder and Buyer’s continuing due diligence reviews of Purchased Assets pursuant to S ection 21 or otherwise hereunder; provided, however, that, so long as no Event of Default is continuing, such fees, costs and expenses (other than the cost of appraisals and legal expenses) of Buyer shall not exceed $10,000 per annum without the prior written consent of Seller.