Examples of Finance Fee in a sentence
Upon the consummation of a Business Combination, the Company agrees that it will pay the Deferred Corporate Finance Fee out of funds in the Trust Account delivered to the Company in accordance with Section 1.1.2.
The Finance Fee shall be payable to Glenborough, upon written approval of Rancon, as soon as practicable after the loan refinancing proceeds have been made available to Rancon.
The Manager and its Affiliates shall be permitted to receive and retain the Corporate Finance Fee, and the amounts so retained shall reduce on a dollar-for-dollar basis any future payment of the Management Fee due and payable under Section 5.2.
Upon the occurrence of an Event of Default, (a) all fees and other amounts owing hereunder shall, at the option of SHF, be immediately due and payable; (b) the Finance Fee shall be increased at a per annum rate equal to five percentage points above the rate in effect immediately prior to the Event of Default; (c) and SHF may exercise all of the rights of a secured party under the Uniform Commercial Code.
The Agent will also receive a Corporate Finance Fee of 40,000 Units plus GST.