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. 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.

Examples of Success Fees in a sentence

  • They also heard an update on Student Success Fees and the activities of the Trustee Working Group on Student Success Fees.

  • The amount of the Success Fee payable with respect to the sale is $4,290,000 of which $3,500,000 of the Success Fee is payable in one or more payments, from time to time as and when Abitibi Royalties has the funds available to do so, as determined by its Board of Directors, in accordance with the Management Success Fees Agreement.

  • I agree and undertake to abide by all the term and conditions of the RFP document which inter alia includes payment of project development expenses and projects development fees (Success Fees) and furnishing of the performance security to the authority in the manner provided in respect thereof in the RFP.

  • Through its Consultation Paper of August 2007 entitled “Conditional fee agreements in defamation proceedings: Success Fees and After the Event Insurance”, the Ministry of Justice sought views on the implementation of the CJC's recommendations in publication proceedings and, notably, on a range of fixed staged recoverable success fees and on the recoverability of ATE insurance premiums.

  • Lord Justice Jackson recommended the introduction of DBAs, in part because he considered it desirable that as many funding methods as possible should be available to litigants, particularly once Success Fees and ATE Insurance premiums would no longer be recoverable from the losing party.


More Definitions of Success Fees

Success Fees. As outlined in the InspireHUB Affiliate Marketing program;
Success Fees is defined in Section 2.2.9(a).
Success Fees means success fees payable to GSSIF Senior Lender, Subordinate Lender and/or CPS as applicable.
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. As an officer of the company, Xxxxxx Xxxxxxxxxx will receive an option to purchase 300,000 common stock at $.75 per share in San Diego Soccer Development Corporation or the company's then successor name for recognition of Sam'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. This 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. The success fees are listed in Exhibit A. These fees are for the profit of Xxxxxxx Financial Services LLC / Jassan Consulting Services – Jassan Investment Group LLC.
Success Fees. We will only charge you a fee for acting as an investor if you make a profit from an investment. If you receive proceeds from an investment, through dividends, on a sale or on a return of capital (due to a winding up or otherwise), that in aggregate exceed the amount of capital you invested, there is an obligation on you (and the relevant investee company) to account to us for 5% of that amount. In the event of a dividend payment or return of capital, it will usually be the investee company that pays this amount before transferring the net profit to you. This means that, once you have received your capital back from a given investment, any future proceeds will be subject to a deduction for our fee. In the event that you transfer your shares in any Investee Company, that Investee Company’s directors will only be able that transfer once any fee owing to us has been settled.