Success Fees definition

Success Fees has the meaning set forth in Section 2.10.

Success Fees means any Claim by a Professional for a success fee or incentive fee calculated or payable based upon the consummation of a major transaction, such as the confirmation of the Plan or the sale of all or substantially all of the assets of a Debtor, and does not mean hourly fees, monthly allowances, or other periodic fees based upon time actually spent by a Professional rendering services, or expenses incurred.

Success Fees is defined in Section 2.2.9(a).

Examples of Success Fees in a sentence

• Any approved sub-agent shall be paid a portion of Success Fees as may be determined by MBA.

• If the Issuer fails to pay any fee or advance due hereunder (including Initial or Monthly Advisory/Consulting or Offering Success Fees, and Advance on Expenses) within five days of after the date which such fees are due, Placement Agent may at its sole discretion deem such failure to pay as a material breach of this Agreement and elect to terminate the Agreement pursuant to Section 3(a) above.

• Additionally, unless the Agreement is terminated by the Company for Cause (as defined below) or due to circumstances described in the Success Fee provision in the Agreement, APS shall remain entitled to the Success Fee(s) that otherwise would be payable for the greater of 12 months from the date of termination or the period of time that that has elapsed from the date of the Agreement to the date of termination.

• In no event shall the Success Fees paid for the sale of Common Stock in the Subscription and Direct Community Offering be less than $275,000.

• If the Company adopts a stock bonus, stock option or executive bonus program, Employee shall be entitled to participate in such program on the same terms applicable to other executives of the Company of a similar compensation level (including consideration of any Success Fees earned by Executive).

More Definitions of Success Fees

Success Fees. As outlined in the InspireHUB Affiliate Marketing program;

Success Fees means success fees payable to GSSIF Senior Lender, Subordinate Lender and/or CPS as applicable.

Success Fees. An additional amount, as set forth on Schedule A, will be paid to Consultant for certain newly manufactured aircraft sold during 2012. Payment will not be due to Consultant until the Company has (i) in the case of a “direct commercial sale” received a non-refundable deposit from the customer, or (ii) in the case of a “foreign military sale” received the initial payment from the U.S. Government. Any such amounts will be paid to Consultant within thirty (30) days after the Company has received such non-refundable deposit. Consultant will be eligible to receive such payment after termination of this Agreement provided that a purchase agreement or a letter of intent for the aircraft was signed during the term of this Agreement. Travel; Business Courtesies; and other Out-of-Pocket Expenses: Arrangements for all travel required to be performed by Consultant will be made by Xxxx Brands ((000) 000-0000; xxxx_xxxxxx@xxxxxxxxxxxxxxxx.xxx). Consultant will contact Ms. Brands to at least seven (7) business days in advance of any travel to let her know his proposed itinerary and enable her to make his airfare and hotel reservations. Consultant will submit an itemization of his monthly out-of-pocket expenses, including the provision of any business courtesies, to Xx. Xxxxxx Xxxxxx ((000) 000-0000; xxxxxx_xxxxxx@xxxxxxxxxxxxxxxx.xxx) with his monthly invoice. In order to be eligible for reimbursement, all business courtesies must comply with the Company’s applicable policies. Consultant will retain a record of all out-of-pocket expenses for which he has requested reimbursement. Consultant will be provided a company e-mail account: xxxxxxxxxx@xxxxxxxxxxxxxxxx.xxx.

Success Fees means Success Fee A and Success Fee B.

Success Fees means, at the end of the 24th Quarter after the respective Launch Date of a given Project, any amounts remaining in the applicable general ledger of the SPV Operating Account for such Project after payment of all other amounts described in Section 4.02(e)(i) and (ii).

Success Fees. As an officer of the company, Xxx Xxxxxx will receive an option to purchase 300,000 common shares of the Company's restricted stock at $.75 per share for recognition of Yan's role in the successful completion of the "roll-up merger" for the acquisition of the OC Waves, Bay Area Seals, and Riverside Elite, including completion of the merger with Roller Coaster through an SB-2 filing, and raising a minimum of $5-million into the merged entity through a PPM. The option will have a cashless feature and said option will expire on the sooner of the expiration of this employment contract or its termination for cause.

Success Fees means the amount(s), as approved by the Bankruptcy Court, payable to Hilco Real Estate, Huron Consulting Group, and Houlihan Lokey, as advisor(s) to the Debtors, upon the Closing.