Assignment Fee Sample Clauses
The Assignment Fee clause defines the payment required when a party transfers its rights or obligations under a contract to another party. Typically, this fee is paid by the assignor to the original counterparty or to a third party as compensation for consenting to the assignment. For example, in a lease agreement, a tenant wishing to assign the lease to someone else may need to pay an assignment fee to the landlord. The core function of this clause is to compensate the non-assigning party for administrative costs or potential risks associated with the change, thereby ensuring fairness and discouraging frequent or frivolous assignments.
POPULAR SAMPLE Copied 14 times
Assignment Fee. LICENSEE shall pay to JHU an assignment fee as provided for in Exhibit A-4 within sixty (60) days of receipt of assignment consideration from its assignee.
Assignment Fee. Unless the assignment shall be to an affiliate of the assignor or the assignment shall be due to merger of the assignor or for regulatory purposes, either the assignor or the assignee shall remit to Agent, for its own account, an administrative fee of Three Thousand Five Hundred Dollars ($3,500).
Assignment Fee. In the event that Landlord shall consent to a sublease or assignment under Article 13.1, Tenant agrees to reimburse Landlord for the reasonable out-of-pocket expenses incurred by Landlord in connection with such consent.
Assignment Fee. In the event that Landlord shall consent to a sublease or assignment under Article 13.1, Tenant shall pay to Landlord reasonable fees not to exceed Five Hundred Dollars ($500) incurred in connection with giving such consent. All rent received by Tenant from its subtenants in excess of the rent payable by Tenant to Landlord under this Lease shall be paid to Landlord, or any sums to be paid by an assignee to Tenant in consideration of the assignment of this Lease shall be paid to Landlord.
Assignment Fee. The non-refundable assignment fee of $ will apply in full to the purchase or towards funds to close at settlement. In the event the Assignee fails to exercise this option or defaults under any terms of the attached Agreement then this option will be void and all monies paid to Assignor or to Landlord/Optionor will NOT be refundable.
Assignment Fee. The non-refundable fee for filing an assignment of a mineral Lease shall be set forth in the schedule of fees.
Assignment Fee. Licensee will pay the assignment fee equal to $[***] within [***] days of an assignment of the Agreement per Section 15.
Assignment Fee. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500 payable to the Administrative Agent; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.
Assignment Fee. Licensee will pay the assignment fee set forth in Section 3.1(e) of the Patent License Agreement within 15 days of the assignment of the Agreement.
Assignment Fee. See §15.