Examples of Transition Services Fee in a sentence
The Reverse Transition Services and the Reverse Transition Services Fee are set out in Schedule 2.
The Monthly Transition Services Fee shall be paid by Buyer to Seller within fifteen (15) days following the end of each calendar month of the Transition Period by wire transfer of immediately available funds.
If TerraForm requests in writing (including by email) by an officer of TerraForm that additional FTEs be allocated to perform a given Transition Service at any time, the Transition Services Fee for such Transition Service will be equitably increased as mutually agreed by the Parties acting reasonably to reflect the utilization of such additional FTEs.
The Transition Services and the Transition Services Fee are set out in Schedule 1, provided that the Transition Services Fees for the period from February 1, 2017 through July 31, 2017 are set forth on Schedule 4.
Within five days following the end of the Transition Period (but in no event later than 12 months following the Effective Date), BLS shall pay to Xx. Xxxxx a lump-sum cash fee for the Transition Services in an amount equal to the excess, if any, of (i) $860,000 over (ii) the aggregate amount of the Transition Services Fee paid to him prior to such earlier date, subject to Xx. Xxxxx’x compliance with his obligations set forth in Section 4.02 during the Transition Period.
In connection with the Merger, Merry Land hereby agrees to pay Merry Land Properties, for transition services to be provided by Merry Land Properties in connection with the Merger, a fee in the amount of $2,400,000 (the "Transition Services Fee").
If the Transition Services Fee has been fully offset and Supplier owes USAA FSB amounts under Sections 6(b)(iii) and (v) in excess of the Transition Services Fee, Supplier shall, no later than December 21, 2020, pay to USAA FSB by wire transfer of immediately available funds an amount equal to such excess (the “Final Program Fee Payment”).
The only amounts owed by BXI to the Principal Stockholder or any of its Subsidiaries are (i) the Intagio Receivable, (ii) $636,091.18 (representing that portion of the Shareholder Debt payable to the Principal Stockholder), and (iii) the Transition Services Fee.
The Transition Services Fee shall be due and payable by Merry Land (or by EQR as successor to Merry Land as a result of the Merger) upon and subject to the consummation of the Merger.
In the event of the termination of the Transition Period by the Company or any successor chief executive officer, the Executive shall be entitled to the immediate payment of the full amount of any unpaid portion of the Transition Services Fee.