Facilitation Costs definition
Examples of Facilitation Costs in a sentence
No settlement shall be made and no Costs, Charges and Expenses, Facilitation Costs, Inquiry Costs, Security Holder Demand Investigatory Costs or Books and Records Costs shall be incurred without Coverage Provider’s consent, such consent not to be unreasonably withheld.
Only settlements, stipulated judgments, Facilitation Costs and Pre- Claim Expense to which the Insurer has consented will be payable under this Policy.
BCX Sponsor and DPF Advisor are parties to that certain Facilitation Fee Agreement dated August 13, 2018 (the “Original Agreement”), pursuant to which BCX Sponsor pays to DPF Advisor a Facilitation Fee in consideration for DPF Advisor’s payment of Facilitation Costs.
With respect to Future Offerings only, in consideration of DPF Advisor’s payment of the Facilitation Costs, BCX Sponsor agrees to pay DPF Advisor the Facilitation Fee.
The Dealer Manager Servicing Fee will constitute part of the Facilitation Costs which are intended to be covered by the Facilitation Fee, and DPF Advisor agrees to fund the Dealer Manager to the extent necessary for the Dealer Manager to fulfil its obligations to pay the Dealer Manager Servicing Fee under the Cost Reimbursement Agreement.