Payment and Recoupment of Fees Sample Clauses

The 'Payment and Recoupment of Fees' clause defines how and when fees are to be paid between parties, as well as the process for recovering any overpaid or underpaid amounts. Typically, this clause outlines the schedule for fee payments, acceptable methods of payment, and the procedures for correcting errors such as overpayments or underpayments, including timelines for reimbursement or offsetting future payments. Its core practical function is to ensure financial accuracy and fairness in the transaction, preventing disputes by clearly establishing the mechanisms for both payment and recoupment of fees.
Payment and Recoupment of Fees. As soon as funds have been released to the Fund from the escrow account referred to in Section 1.6(c), they may be used to pay the fees referred to in Sections 9.1, 9.2 and 9.4 then due. If the Manager withdraws the offering of Shares, or rejects any subscription for Shares, any person that has received payments from the proceeds of the offering shall return such payments to the Fund upon demand by the Manager.
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Payment and Recoupment of Fees. As soon as funds have been released to the Fund from the escrow account referred to in Section 1.6 (c), they may be used to pay the fees referred to in Sections 9.1, 9.2, 9.3 and 9.4
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Payment and Recoupment of Fees. As soon as funds have been released to the Company from the escrow account referred to in Section 1.6, they may be used to pay the fees referred to in Sections 9.2, 9.5 and 9.6 then due. If the Manager withdraws the offering of Interests without admitting Investor Interestholders, any entity that has received payments from the proceeds of the offering shall return such payments to the Company upon demand by the Manager.
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Related to Payment and Recoupment of Fees

  • Payment of Fees All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the Issuing Lender, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Lenders entitled thereto. Fees paid shall not be refundable under any circumstances.

  • Non-Payment of Fees Timely payment of fees owing under this Section 5 is a material condition of performance under this Agreement. In the event that Registrar fails to pay its fees within five (5) days of the date when due, Verisign may: (i) stop accepting new initial or renewal registrations from Registrar; (ii) delete the domain names associated with invoices not paid in full from the Registry database; (iii) give written notice of termination of this Agreement pursuant to Section 6.1(b) below; and (iv) pursue any other remedy under this Agreement.

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.

  • REIMBURSEMENT OF FEES AND COSTS The Parties acknowledge that ▇▇▇▇ and her counsel offered to reach preliminary agreement on the material terms of this dispute before reaching terms on the amount of fees and costs to be reimbursed to them. The Parties thereafter reached an accord on the compensation due to ▇▇▇▇ and her counsel under general contract principles and the private attorney general doctrine and principles codified at California Code of Civil Procedure § 1021.5, for all work performed through the mutual execution of this agreement. Under these legal principles, ▇▇▇▇▇▇▇ shall reimburse ▇▇▇▇’▇ counsel for fees and costs incurred as a result of investigating and bringing this matter to Cowshed’s attention, and negotiating a settlement in the public interest. Within thirty (30) days of the Effective Date, Cowshed shall issue a check payable to “▇▇▇▇▇▇▇ & ▇▇▇▇▇” in the amount of $14,500.00 for delivery to the address identified in § 3.2(a)(i), above.

  • Payment of Fee The Trust (and/or the Distributor) shall pay the Website Hosting and TSR Delivery Fee to the Company, in full, within 30 business days after the end of the semi-annual period.