Up-Front Fee Clause Samples
The Up-Front Fee clause defines a payment that must be made by one party, typically at the start of a contract or financial arrangement, as a condition for entering into the agreement. This fee is usually paid before any services are rendered or funds are disbursed, and it may be non-refundable regardless of whether the transaction proceeds. Its core practical function is to compensate the receiving party for initial administrative costs, commitment, or to secure the arrangement, thereby ensuring both parties are committed from the outset and covering potential early expenses.
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Up-Front Fee. The Borrowers shall pay to the Agent an up-front fee in the amount and at the times agreed in a Fee Letter.
Up-Front Fee. The Borrower shall pay to the Administrative Agent, for the account of each Lender party hereto on the date hereof, on the Closing Date in immediately available funds, a one-time, up-front fee equal to 3.0% of the aggregate Commitments of all of the Lenders.
Up-Front Fee. The Borrowers shall pay to the Agent, for the ratable benefit of the Lenders, on the Restatement Date a fee in the amount of Four Hundred Fifty Thousand Dollars ($450,000.00), which fee shall be deemed fully earned on the Restatement Date.
Up-Front Fee. Within sixty (60) days after the Effective Date, Proprius shall make a nonrefundable up front payment to Prometheus of [***] U.S. Dollars (U.S.$[***] ) (the “Up Front Fee”). *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Up-Front Fee. The Borrower shall pay to the Lender an up-front fee in the amount of US$1,500,000 within two (2) Months from the Utilisation Date.
Up-Front Fee. As consideration for the license granted in this Agreement, LICENSEE shall pay a single up-front fee of $[***].
Up-Front Fee. (a) The Borrower shall pay to the COFACE Agent (for the account of each Mandated Lead Arranger) an arrangement fee in an amount equal to two point eight per cent. (2.8%) of the aggregate principal amount of the Total Commitments as at the date of this Agreement (the “Up-front Fee”).
(b) The Up-front Fee shall be due on the date of this Agreement and payable on the earlier of:
(i) sixty (60) days from the date of this Agreement; and
Up-Front Fee. The Company shall pay to the relevant Finance Parties an up-front fee in the amount and at the times agreed in the relevant Fee Letter.
Up-Front Fee. Borrower 1 shall pay or cause to be paid to the Bank within thirty days of the date of this Contract or, in case the disbursement of the first Tranche falls within thirty days of the signature of the Contract, on the Scheduled Disbursement Date for the first Tranche, an up-front fee (the "Up-Front Fee") in an amount set out in the Up-Front Fee Letter.
Up-Front Fee. Within [***] following the Effective Date, Vertex will pay Company a one-time up-front fee of [***], which fee will be non-refundable, non-creditable and not subject to set-off. The Parties hereby acknowledge that part of such up-front fee is reimbursement of past expenses of Company.