Example ContractsClausesAnniversary Fee
Anniversary Fee
Anniversary Fee contract clause examples

Fee. The Client shall pay TPG Capital BD a fee of up to $862,500 (the “Fee”), which shall be payable by the Client and due to TPG Capital BD upon the consummation of the initial public offering of the securities of the Client (the “Transaction” and such consummation of the initial issuance of securities, the “Closing”). If the Closing does not occur during the Term, then no Fee shall be payable to TPG Capital BD. The fees described in this paragraph 1 are compensation for the Engagement, which consists of work directly related to the Transaction. Any work that is outside of the scope of the Engagement shall be subject to additional compensation as separately agreed by the parties hereto.

Anniversary Fee” is defined in [Section 2.6(b)].

Anniversary Fee. For each twelve (12) month anniversary of the Effective Date, a non-refundable anniversary fee (each, an “Anniversary Fee” and, collectively, the “Anniversary Fees”) equal to Twenty-Five Thousand Dollars ($25,000.00) which shall be fully earned as of the Effective Date and due and payable on the earliest to occur of # such twelve (12) month anniversary of the Effective Date, # the Revolving Line Maturity Date, # the occurrence of an Event of Default, and # the termination of this Agreement;

Anniversary Fee” and “Anniversary Fees” is defined in [Section 2.5(b)].

Fee. The Client shall pay TPG Capital BD a fee of up to $744,625 (the “Fee”), which shall be payable by the Client and due to TPG Capital BD upon the consummation of the initial public offering of the securities of the Client (the “Transaction” and such consummation of the initial issuance of securities, the “Closing”). If the Closing does not occur during the Term, then no Fee shall be payable to TPG Capital BD. The fees described in this paragraph 1 are compensation for the Engagement, which consists of work directly related to the Transaction. Any work that is outside of the scope of the Engagement shall be subject to additional compensation as separately agreed by the parties hereto.

Anniversary Fee. A fully earned, non-refundable anniversary fee of Fifteen Thousand Dollars ($15,000) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable annually on each anniversary of the Effective Date, or the earliest to occur of # the termination of this Agreement or # the occurrence of an Event of Default;

Anniversary Fee. For each twelve (12) month anniversary of the Effective Date occurring prior to the Revolving Line Maturity Date, a fully earned, non-refundable anniversary fee (the “Anniversary Fees”) equal to fifteen-hundredths of one percent (0.15%) of the Revolving Line shall be fully earned as of the Effective Date and is due and payable on the earlier to occur of # each such twelve (12) month anniversary of the Effective Date, # the termination of this Agreement or the Revolving Line, or # the occurrence of an Event of Default;

License Maintenance Fee. As further consideration for the License, Licensee will pay an annual maintenance fee (“Maintenance Fee”) as set forth on Exhibit C attached hereto beginning on the first anniversary of the Effective Date. The Maintenance Fee will not be due and payable on any anniversary of the Effective Date if on that date Licensee is paying a Royalty or the Minimum Annual Royalty. For clarity, the Maintenance Fee is ​.

Fee. The Client shall pay TPG Capital BD a fee of up to $531,875 (the “Fee”), which shall be payable by the Client and due to TPG Capital BD upon the consummation of the initial public offering of the securities of the Client (the “Transaction” and such consummation of the initial issuance of securities, the “Closing”). If the Closing does not occur during the Term, then no Fee shall be payable to TPG Capital BD. The fees described in this paragraph 1 are compensation for the Engagement, which consists of work directly related to the Transaction. Any work that is outside of the scope of the Engagement shall be subject to additional compensation as separately agreed by the parties hereto.

Anniversary Fee. A fully earned, non-refundable anniversary fee of Five Thousand Dollars ($5,000) due on the earlier of # January 1, 2022 or # termination of the Revolving Line for any reason prior to the Revolving Line Maturity Date.

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