Common use of Fees and Expense Clause in Contracts

Fees and Expense. It is agreed that ▇▇▇▇ shall be paid a fee in the amount of $20,000 payable upon delivery of the Pricing Recommendation Letter referred to in paragraph 3 above. ▇▇▇▇ shall also be reimbursed for actual expenses incurred in connection with its duties hereunder in an amount not to exceed $7,000.

Appears in 2 contracts

Sources: Qualified Independent Underwriter Agreement (Summit Securities Inc /Id/), Agreement to Act as Qualified Independent Underwriter (Metropolitan Mortgage & Securities Co Inc)

Fees and Expense. It is agreed that ▇▇▇▇ shall be paid a fee in the amount of $20,000 40,000 payable upon delivery of the Pricing Recommendation Letter referred to in paragraph 3 above. ▇▇▇▇ shall also be reimbursed for actual expenses incurred in connection with its duties hereunder in an amount not to exceed $7,000.

Appears in 2 contracts

Sources: Qualified Independent Underwriter Agreement (Metropolitan Mortgage & Securities Co Inc), Qualified Independent Underwriter Agreement (Summit Securities Inc /Id/)

Fees and Expense. It is agreed that ▇▇▇▇ shall be paid a fee in the amount of $20,000 60,000 payable upon delivery of the Pricing Recommendation Letter referred to in paragraph 3 above. ▇▇▇▇ shall also be reimbursed for actual expenses incurred in connection with its duties hereunder in an amount not to exceed $7,00010,000.

Appears in 1 contract

Sources: Qualified Independent Underwriter Agreement (Metropolitan Mortgage & Securities Co Inc)

Fees and Expense. It is agreed that R▇▇▇ shall be paid a fee in the amount of $20,000 60,000 payable upon delivery of the Pricing Recommendation Letter referred to in paragraph 3 above. R▇▇▇ shall also be reimbursed for actual expenses incurred in connection with its duties hereunder in an amount not to exceed $7,00010,000.

Appears in 1 contract

Sources: Qualified Independent Underwriter Agreement (Metropolitan Mortgage & Securities Co Inc)