Success Fee Amount definition

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 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
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

Examples of Success Fee Amount in a sentence

  • 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.

  • 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.

  • Upon a Success Fee Event, a one-time fee equal to the Success Fee Amount (such fee, 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.

  • 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.

  • Upon the indefeasible repayment in full of all Indebtedness owing to Bank and satisfaction of all Obligations of Borrowers to Bank (other than Borrowers’ obligation to pay the Success Fee Amount) and termination of this Agreement (other than provisions that expressly survive such termination), upon the request of Borrowers the Bank will take all actions otherwise contemplated by this Agreement or the other Loan Documents to terminate such Liens in accordance with the terms hereof and thereof.

  • 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”).


More Definitions of Success Fee Amount

Success Fee Amount means the amount set forth on Schedule 1.01(l).
Sample 1
Success Fee Amount has the meaning assigned in Section 2.5(d).
Sample 1
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

Related to Success Fee Amount

  • Success Fee means the fee to be paid by PURCHASER to SELLER as specified in Exhibit D upon successful FDA Approval.

  • Sponsor’s Fee means the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Swiss Francs in the Trust as of the close of business on the preceding Local Business Day, which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day).

  • 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.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

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

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

  • Payment Amount as defined in Section 3.5.

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • 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.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Marketing Fee means the fees paid by Home Credit to Dealer/Provider to support the use of Home Credit’s Product;

  • 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).

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Share Dilution Amount means the increase in the number of diluted shares outstanding (determined in accordance with GAAP applied on a consistent basis, and as measured from the date of the Issuer’s most recent consolidated financial statements prior to the Signing Date) resulting from the grant, vesting or exercise of equity-based compensation to employees and equitably adjusted for any stock split, stock dividend, reverse stock split, reclassification or similar transaction.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • 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.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Annual Fees means the annual fees charged by the Trustee for services provided as the trustee and paying agent under the Indenture.