Examples of Fee Recipient in a sentence
If, however, the Properties are conveyed to DG’s designees through an Alternative Acquisition (as that term is defined in the Settlement Agreement) pursuant to which DG acquires them through foreclosure because the Plan is not confirmed, then DG shall pay the Fee Recipient the sum of $3,400,000.
DG shall hold back $400,000 (the “Post Effective Date Holdback”) from the Fee Recipient Payment to pay or reimburse DG in respect of any (a) Pre 12/1/11 Claims asserted after the Effective Date and (b) claims, whenever asserted, and associated reasonable legal costs and disbursements of defense, asserted against DG or the Properties, arising from rent overcharges or claimed rent overcharges accrued during the period August 29, 2005 through November 30, 2011.
Except for the Developer Fee, no compensation from any source shall be received by or be payable to the Borrower, or any Affiliate (collectively the "Developer Fee Recipient") in connection with the provision of development and construction management services for the acquisition and construction of the Development.
The Fee Recipient shall receive on account of all allowed Equity Interests the Fee Recipient Payment.
On the Effective Date, (a) the Fee Recipient Payment shall be reduced by the amount necessary to pay Pre 12/1/11 Claims and Allowed Governmental Authority Lien Claims relating to water and sewer charges prior to December 1, 2011, and (b) DG shall be entitled to hold back from the Fee Recipient Payment the Post Effective Date Holdback in accordance with Section 7.5 of this Plan.
It remained that “much of the Islamic world looked upon the works of philosophical thinkers as futile because of their inability to relate these ancient works to the most fundamental Islamic principles” (Germann).
The Authorized Officers of Fee Recipient, or their designees, are authorized under this Agreement to approve the financing of Fees through SCIP.
No Fee may be financed through SCIP except with the written approval of an Authorized Officer of Fee Recipient or his designee, which approval shall be evidenced by the signature of such Authorized Officer next to each such Fee shown on Exhibit A attached hereto or in such other written form as may be acceptable to the parties hereto.
In addition there are other delays that are required for the hardware and software to switch on and off.
To secure the Paying Party’s obligation to pay these amounts, it shall deposit into escrow an amount in cash equal to the Termination Fee or the Go Shop Termination Fee, as the case may be, with an escrow agent selected by the Fee Recipient and on such terms (subject to Section 7.5(b)) as shall be mutually agreed upon by the Fee Recipient and the escrow agent.