Fees Payment and Expenses Clause Samples

The 'FEES, PAYMENT AND EXPENSES' clause defines the financial obligations between the parties, specifying how and when payments for services or goods are to be made, as well as which expenses are reimbursable. It typically outlines the fee structure, payment schedules, acceptable payment methods, and the process for handling additional costs incurred during the course of the agreement. This clause ensures both parties have a clear understanding of their financial responsibilities, reducing the risk of disputes over payments and unapproved expenses.
Fees Payment and Expenses. 2.1 For the Services provided under the Service Terms, the Customer shall pay ANSYS the amount(s) indicated and within the time(s) indicated in the Proposal. 2.2 The Customer shall reimburse ANSYS for reasonable and necessary expenses incurred by ANSYS in connection with providing the Services under the Service Terms, including reasonable and necessary travel expenses for any travel which has been approved in advance by the Customer. 2.3 Payment of the invoiced amount will be due and payable within thirty (30) days after receipt of ANSYS’s invoice.
Fees Payment and Expenses. Buyer covenants and agrees to pay to Lender at Closing the following (the “Required Payments”): (a) One percent (1%) of the amount listed in Section 2(a) above, as an assumption fee, and $2,500.00 as an application fee, for Lender’s consent to the Transfer and Assumption of the Loan. (b) The amounts listed in Section 2(d) above due and payable on January 1, 2015, but only if the Transfer and Assumption closes on or after the 10th of the month preceding such date. (c) Payment of legal fees and expenses of Lender’s counsel in connection with the Transfer and Assumption. (d) Payment of the fees and expenses of rating agencies, and their respective counsel, if applicable. (e) Payment for third party reports.
Fees Payment and Expenses. 4.1 In consideration of providing the Services, the Customer shall pay ANSYS the Price within any time(s) indicated in the Proposal. Where no Price is indicated in the Proposal, the Price shall be calculated on a time and materials basis using ANSYS’ then current rates. Unless provided otherwise in the Proposal, the Price and any other invoiced amount will be due and payable within thirty (30) days after receipt of ANSYS’ invoice. 4.2 The Customer shall reimburse ANSYS for reasonable and necessary expenses incurred by ANSYS in providing the Services, including travel expenses approved in advance by the Customer. 4.3 All sums payable to ANSYS under this Agreement: 4.3.1. are exclusive of VAT or any similar tax and the Customer shall, in addition to the sums payable to ANSYS, pay an amount equal to any VAT chargeable on those sums upon delivery of a VAT invoice; and 4.3.2. shall be paid in full without any set-off, counterclaim, deduction or withholding (other than any deduction or withholding of tax required by law). If any such withholding or deduction is required, the Customer shall provide all information reasonably required by ANSYS to confirm that the withholding or deduction is properly required, and shall pay to ANSYS such additional amount as will ensure that ANSYS receives the same total sums payable to ANSYS as if no such withholding or deduction had been required. 4.4 The Customer shall pay interest on any overdue amount from the due date until payment is received, whether before or after judgment, at 3% a year above the Bank of England's base rate from time to time (but at 3% a year for any period when that base rate is below 0%) or, if lower, the maximum rate permitted by law.
Fees Payment and Expenses. 2.1 For the Services provided under the Service Terms, the Customer shall pay ANSYS the amount(s) indicated and within the time(s) indicated in the Proposal. 2.2 The Customer shall reimburse ANSYS for reasonable and necessary expenses incurred by ANSYS in connection with providing the Services under the Service Terms, including reasonable and necessary travel expenses for any travel which has been approved in advance by the Customer. 2.3 Payment of the invoiced amount will be due and payable within thirty (30) days NET of ANSYS’ invoice date. In the event that the Customer does not pay within the period indicated, ANSYS may charge the Customer interest in an amount equal to 1.5% per month of the unpaid balance.
Fees Payment and Expenses. Buyer and/or Seller covenants and agrees to pay to Lender at Closing the following (the “Required Payments”): (a) $700,000.00, which represents the H.▇. ▇▇▇▇▇ Escrow Fund. (b) Lender’s processing and modification fees. (c) Attorneys’ fees for Lender’s attorneys to document and close this Transfer and Assumption. The Required Payments and any other fees and adjustments due and owing under the Loan Documents or in connection with the Transfer and Assumption shall be paid in accordance with Lender’s settlement charges statement (the “Settlement Statement”) delivered at Closing for signature by Buyer and Seller. In addition, at Closing, Buyer and/or Seller shall pay all of Lender’s attorneys’ fees incurred in connection with this Agreement or the Transfer and Assumption in the amount set forth on the Settlement Statement, which amount shall be deemed a Required Payment pursuant to the terms of this Agreement.
Fees Payment and Expenses. Borrower covenants and agrees to pay to Noteholder at Closing the following (the “Required Payments”): (a) The fee for Noteholder’s consent to the Transactions. (b) Noteholder’s fee for a flood certification, if applicable. (c) The fees and charges of the Rating Agencies and their counsel incurred or payable by Noteholder in connection with this Agreement and the Transactions. The Required Payments shall be paid in accordance with Noteholder’s settlement charges statement (the “Settlement Statement”) delivered at Closing for signature by Borrower. In addition, at Closing, Borrower shall pay all of Noteholder’s expenses incurred in connection with this Agreement or the Transactions (including, without limitation, reasonable attorneys’ fees) in the amount set forth on the Settlement Statement and all title costs and expenses, all recording fees and all similar costs, which amount shall be deemed a Required Payment pursuant to the terms of this Agreement.
Fees Payment and Expenses. Buyer and/or Seller covenants and -------------------------- agrees to pay to Lender at Closing the following (the "Required Payments"): ----------------- (a) $114,098.58, as an assumption fee for Lender's consent to the Transfer and Assumption of the Loan (the "Assumption Fee"). -------------- (b) $N/A, as Lender's fee for Financial Reports on the Buyer (the "Reports Fee"). ----------- (c) $11,733.10 for insurance reserve payment. (d) $1,100.00 for inspection fees. (e) (N/A). (f) Lender's counsel's fees and costs.
Fees Payment and Expenses. New Borrowers shall pay all of Agent’s attorneys’ fees incurred in connection with this Agreement.
Fees Payment and Expenses. 4.1 In consideration of providing the Services, the Customer shall pay ANSYS the Price within any time(s) indicated in the Proposal. Where no Price is indicated in the Proposal, the Price shall be calculated on a time and materials basis using ANSYS’ then current rates. Unless provided otherwise in the Proposal, the Price and any other invoiced amount will be due and payable within thirty (30) days after receipt of ANSYS’ invoice. 4.2 The Customer shall reimburse ANSYS for reasonable expenses incurred by ANSYS in providing the Services, including travel expenses approved in advance by the Customer. 4.3 All sums payable to ANSYS under this Agreement: 4.3.1. are exclusive of VAT or any similar tax and the Customer shall in addition pay an amount equal to any VAT chargeable on those sums on delivery of a VAT invoice; and 4.3.2. shall be paid in full without any set-off, counterclaim, deduction or withholding (other than any deduction or withholding of tax required by law). If any such withholding or deduction is required, the Customer shall provide all information reasonably required by ANSYS to confirm that the withholding or deduction is properly required and pay to ANSYS such additional amount as will ensure that ANSYS receives the same total amount that it would have received if no such withholding or deduction had been required. 4.4 The Customer shall pay interest on any overdue amount from the due date until payment is received, whether before or after judgment at 3% a year above the Bank of England's base rate from time to time (but at 3% a year for any period when that base rate is below 0%) or, if lower, the maximum rate permitted by law.
Fees Payment and Expenses. Borrower agrees to pay at Closing the following (the "Required Payments"): (a) $3,000.00 to Lender as a processing fee. (b) $15,000.00 to Lender as Lender’s consent fee with respect to the Repo Loan. (c) $100,000.00 to Lender as a consent fee pursuant to the Intercreditor Agreement. (d) Payment of fees and costs of rating agencies and their respective counsel. (e) Payment of all out of pocket costs and expenses of Lender, including Lender’s reasonable legal fees, costs and expenses.