Success Fee Amount definition

Success Fee Amount means the greater of (a) $50,000 or (b) two percent (2.00%) of the highest aggregate principal amount (excluding Ancillary Services reserves) of Credit Extensions outstanding at any time on or before the consummation of a Success Fee Event.
Sample 1
Success Fee Amount has the meaning assigned in Section 2.5(d).
Sample 1
Success Fee Amount is the product of (i) the total gross consideration (cash and non-cash) of a Liquidity Event received by Borrower and its stockholders multiplied by (ii) the corresponding success fee percentage in accordance with the following matrix: Total Gross Consideration Success Fee Percentage Up to $225,000,000 .00 % $225,000,001 to $500,000,000 .25 % $500,000,001 to $750,000,000 .375 % In excess of $750,000,000 .50 %
Sample 1

Examples of Success Fee Amount in a sentence

  • During the first two years, any Success Fee Amount may only be satisfied by the issue of Restricted Securities.

  • Upon the occurrence of a Liquidity Event, a one-time success fee equal to $250,000 (the “Success Fee Amount”); provided that, if Borrower has requested and Bank has made a Tranche III Term Loan on or before consummation of the Liquidity Event, then the Success Fee Amount shall instead be $400,000.

  • Upon the earlier of (i) an Acquisition, or (ii) the closing of any Borrower’s initial public offering, in each case, an amount equal to the Applicable Success Fee Amount.

  • According to such a `contextual theory of meaning', an observational term obtains its meaning from the theory which is used to describe and explain the observed item to which the term is applied.

  • In consideration of Bank’s agreement to enter into this Agreement, and in addition to, and not in substitution for, any other fees set forth in the Loan Documents, upon the occurrence of a Liquidity Event, Borrower shall pay Bank a success fee, fully earned as of the closing of such Liquidity Event, in an amount equal to the Success Fee Amount (the “Success Fee”).

  • Upon the closing of a Corporate Transaction where the consideration payable with respect to one share of the fully diluted common stock of Borrower is less than fifty seven cents ($0.57) per share, a Success Fee equal to the Success Fee Amount.

  • On behalf of the Surviving Corporation, all unpaid Stockholders’ Expenses (including the Bankers’ Fees and the Success Fee Amount, but excluding the Cash Incentive Plan Payment, which will be paid as provided in Section 5.09(b)) by wire transfer of immediately available funds to the account or accounts designated in writing by the Company no later than two (2) Business Days prior to the Closing Date.


More Definitions of Success Fee Amount

Success Fee Amount means an amount equal to the lesser of (i) Thirty Five Thousand Eighty Eight Dollars ($35,088) or (ii) the product of (a) One Hundred Forty Thousand Three Hundred Fifty One (140,351) and (b) the difference between (I) the consideration payable with respect to one share of the fully diluted common stock of Borrower in connection with the Corporate Transaction and (II) fifty seven cents ($0.57).
Sample 1
Success Fee Amount is (a) in the event that the Success Fee is paid prior to the second (2nd) anniversary of the Effective Date, One Million Dollars ($1,000,000.00) and (b) in the event that the Success Fee is paid on or after the second (2nd) anniversary of the Effective Date, Two Million Dollars ($2,000,000.00).
Sample 1
Success Fee Amount means the amount set forth on Schedule 1.01(l).
Sample 1

Related to Success Fee Amount

  • Success Fee has the meaning set forth in Section 2.2(f).

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Commitment Period.

  • Structuring Fee has the meaning set forth in the Fee Letter.

  • Payment Amount as defined in Section 3.5.

  • Earnout Amount has the meaning set forth in Section 2.15(a).

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Professional Fee Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses that Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.B of the Plan.

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.

  • Reimbursement Amount As defined in Section 2.04.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;