Work Fee. (a) The Company shall pay the Work Fee to the Original Consenting Noteholders on the Interim NSSN Issue Date in full and in cash, free and clear of all withholding taxes. (b) Unless otherwise agreed between the Original Consenting Noteholder and the Company, payment of the Work Fee will be made in EUR for Locked-Up Notes Debt denominated in EUR and USD for Locked-Up Notes Debt denominated in USD, with EUR converted to USD at the spot rate of exchange per C of the definition of “Work Fee”.
Appears in 3 contracts
Sources: Lock Up Agreement, Lock Up Agreement, Lock Up Agreement
Work Fee.
(a) The Company shall pay the Work Fee to the Original Consenting Noteholders on the Interim NSSN Issue Date in full and in cash, free and clear of all withholding taxes.
(b) Unless otherwise agreed between the Original Consenting Noteholder and the Company, payment of the Work Fee will be made in EUR for Locked-Up Notes Debt denominated in EUR and USD for Locked-Up Notes Debt denominated in USD, with EUR converted to USD at the spot rate of exchange per C of the definition of “Work Fee”.
Appears in 1 contract
Sources: Lock Up Agreement