Due Diligence Expense definition

Due Diligence Expense mean the reasonable and documented third party expenses incurred by Buyer with respect to its contemplated acquisition of the Property Assets, including but not limited to attorneys' fees (including fees and expenses incurred in negotiating this Agreement), engineering fees, title and survey charges, lender fees, and all other reasonable and documented third party expenses related to this transaction. In no event shall Due Diligence Expenses payable hereunder exceed $80,000.
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Due Diligence Expense means the $2,500 Due Diligence Expense Allowance to be paid to the entity identified on Schedule A hereto.
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Examples of Due Diligence Expense in a sentence

  • In addition, no selling commission, Marketing Contribution or Due Diligence Expense Allowance shall be payable in connection with the sale of Shares directly by the Company, in connection with the performance of services, to employees and associates of the Company and its Affiliates, the Advisor, Affiliates of the Advisor, the Dealer Manager or their respective officers and employees and certain of their affiliates who request and are entitled to such discount.

  • Upon termination of this Agreement and the payment to Buyer of the Deposit and its Due Diligence Expense (and costs of recovery) as provided above, neither party shall have any further rights or obligations with respect to the other under this Agreement, except for the Covenants Surviving Termination.

  • The Fund shall cause the following payments and fees to be paid to the General Partners or their Affiliates: (i) to the Selling Agent, the Selling Commissions and the Due Diligence Expense Reimbursement Fee.

  • Except for payment of the Selling Commissions and the re-allowance of the Due Diligence Expense Reimbursement Fee, the General Partner shall not directly or indirectly pay or award any commission or other compensation to any Person engaged by a potential Investor for investment advice as an inducement to such advisor to advise the purchase of Units.

  • Except for payment of the Sales Commissions and the re-allowance of all or part of the Due Diligence Expense Reimbursement Fee and the Offering and Organization Expense Fee, the General Partner shall not directly or indirectly pay or award any commission or other compensation to any Person engaged by a potential Investor for investment advice as an inducement to such advisor to advise the purchase of Units.

  • The Partnership shall cause the following payments and fees to be paid to the General Partner, the Manager and their respective Affiliates: (i) to the Selling Agent, the Selling Commissions and the Due Diligence Expense Reimbursement Fee.

  • In addition, no selling commission, Marketing Contribution or Due Diligence Expense Allowance shall be payable in connection with the sale of Shares directly by the Company in connection with the performance of services to employees and associates of the Company and its Affiliates, the Advisor, Affiliates of the Advisor, the Dealer Manager or their respective officers and employees and certain of their affiliates who request and are entitled to such discount.

  • Upon receipt of such notice, Buyer may elect to proceed with the Closing without such indemnity under the penultimate paragraph (in which case the Seller shall be excused from any further indemnity obligation under said indemnity but not from obligations accrued therefrom prior thereto), or to terminate its obligations hereunder (in which case the Seller shall remain liable for and pay the Due Diligence Expense).

  • In the event that Buyer becomes entitled to payment of the Due Diligence Expense Reimbursement under the terms of the Bid Procedures, Buyer shall submit detailed bills and invoices to Seller to establish the amount of its out-of-pocket expenses, and any dispute in that regard shall be submitted to the Bankruptcy Court for resolution.

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