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Fee Paid Sample Clauses

The 'Fee Paid' clause defines the obligation of one party to pay a specified fee to another party, typically as compensation for services rendered or goods provided. This clause outlines the amount, timing, and method of payment, and may specify whether the fee is a one-time payment or recurring, as well as any conditions that must be met for payment to be due. Its core practical function is to ensure both parties have a clear understanding of payment expectations, thereby reducing the risk of disputes over compensation.
Fee Paid.ÌýThe Township shall pay Consultant a fee on the basis of $155 per hour subject to a maximum of $48500 , appropriated for services performed hereunder during the term of this Agreement. Payment for fractional periods shall be pro-rata. Time spent in travel hereunder shall not be deemed to be time spent on such work, and there shall be no reimbursement for expenses incurred in travel between Consultant's place of business or residence and the Township Municipal Building. There shall be no reimbursement for photocopying expenses or facsimile transmission expenses. The foregoing provisions shall constitute the sole and exclusive compensation due Consultant under this Agreement. PROFESSIONAL SERVICES CONSULTANT AGREEMENT (continued) Page Two
Fee Paid.ÌýFor services performed hereunder during the term of this Agreement, the Borough shall pay Attorney a fee of $125 per hour for his services and for the services of any legal counsel associated with the Law Offices of Xxxxxx X. Xxxxx Xx., if needed. There shall be reimbursement for approved travel @ $.57.5/mile, transcription fees and other out-of-pocket costs relating to litigation, photocopying expenses and the costs of postage and express delivery services. The foregoing fees and reimbursements shall constitute the sole and exclusive compensation due Attorney under this Agreement.

Related to Fee Paid

  • Fee Payment If the Fund is a Winning Fund in an Auction, the Fund shall pay to ReFlow the Auction Program Fee, which shall equal the Fund’s Fee Bid multiplied by the aggregate dollar amount of Shares purchased in the Auction.

  • Collateral Management Fee Borrower shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Feeâ€�) equal to 0.12% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).

  • Monthly Management Fee Payment On the first business day of each month, each class of each Fund shall pay the management fee to the Investment Manager for the previous month. The fee for the previous month shall be the sum of the Daily Management Fee Calculations for each calendar day in the previous month.

  • Acquisition Fees As compensation for the investigation, selection, sourcing and acquisition or origination (by purchase, investment or exchange) of Properties, Loans and other Permitted Investments, the Company shall pay an Acquisition Fee to the Advisor for each such investment (whether an acquisition or origination). With respect to the acquisition or origination of a Property, Loan or other Permitted Investment to be wholly owned, directly or indirectly, by the Company, the Acquisition Fee payable to the Advisor shall equal 1.0% of the sum of the amount actually paid or allocated to fund the acquisition, origination, development, construction or improvement of the Property, Loan or other Permitted Investment, inclusive of the Acquisition Expenses associated with such Property, Loan or other Permitted Investment and the amount of any debt associated with, or used to fund the investment in, such Property, Loan or other Permitted Investment. With respect to the acquisition or origination of a Property, Loan or other Permitted Investment through any ÀÖÌìÌÃappÏÂÔØt Venture or any partnership in which the Company or the Partnership is, directly or indirectly, a partner, the Acquisition Fee payable to the Advisor shall equal 1.0% of the portion of the amount actually paid or allocated to fund the acquisition, origination, development, construction or improvement of the Property, Loan or other Permitted Investment, inclusive of the Acquisition Expenses associated with such Property, Loan or other Permitted Investment, plus the amount of any debt associated with, or used to fund the investment in, such Property, Loan or other Permitted Investment that is attributable to the Company’s investment in such ÀÖÌìÌÃappÏÂÔØt Venture or partnership. Notwithstanding anything herein to the contrary, the payment of Acquisition Fees by the Company shall be subject to the limitations on Acquisition Fees contained in (and defined in) the Company’s Charter. The Advisor shall submit an invoice to the Company following the closing or closings of each acquisition or origination, accompanied by a computation of the Acquisition Fee. Generally, the Acquisition Fee payable to the Advisor shall be paid at the closing of the transaction upon receipt of the invoice by the Company. However, the Acquisition Fee may or may not be taken, in whole or in part, as to any year in the sole discretion of the Advisor. All or any portion of the Acquisition Fees not taken as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine.

  • Acquisition Fee Subject to Section 12(b), the Company shall pay an Acquisition Fee to the Advisor or its assigns as compensation for services rendered in connection with the investigation, selection and acquisition (by purchase, investment or exchange) of each Investment. If the Advisor is terminated without Cause pursuant to Section 18(b)(1), the Advisor or its assigns shall be entitled to an Acquisition Fee for any Investments acquired after the Termination Date for which a contract to acquire the applicable Investment had been entered into at or prior to the Termination Date. The total Acquisition Fee payable to the Advisor or its assigns shall be equal to 1.5% of (1) the Contract Purchase Price of each Investment and (2) the amount advanced for a Loan or other investment. The purchase price allocable for an Investment held through a ÀÖÌìÌÃappÏÂÔØt Venture shall equal the product of (i) the Contract Purchase Price of the Investment, multiplied by (ii) the direct or indirect ownership percentage in the ÀÖÌìÌÃappÏÂÔØt Venture held directly or indirectly by the Company or the Operating Partnership. For purposes of this Section 11(a), “ownership percentageâ€� shall be the percentage of capital stock, membership interests, partnership interests or other equity interests owned directly or indirectly by the Company or the Operating Partnership, without regard to classification of such equity interests. The Company shall pay any Acquisition Fee due hereunder promptly upon the closing of the Investment. In addition, if during the period ending two years after the close of the initial Primary Offering, the Company sells an Investment and then reinvests the net proceeds in a new Investment(s), the Company shall pay to the Advisor or its assigns 1.0% of the Contract Purchase Price of the new Investment(s).