Common use of Administrative and Other Charges Clause in Contracts

Administrative and Other Charges. In consideration of the Fiscal Sponsor’s agreement to sponsor the Project, and to cover the Fiscal Sponsor’s expenses in connection with the Project as outlined above, the Project will pay the fees, charges, and expenses as specified in Schedule C, which the Fiscal Sponsor may amend from time to time with advance written notice to the Sponsored Organization. Beginning January 1, 2021, the standard administrative fee for all sponsored projects will be 3% of all proceeds received by the Sponsored Organization in support of the Project.

Appears in 1 contract

Samples: Fiscal Sponsor Agreement

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Administrative and Other Charges. In consideration of the Fiscal Sponsor’s agreement to sponsor the Project, and to cover the Fiscal Sponsor’s expenses in connection with the Project as outlined above, the Project will pay the fees, charges, and expenses as specified in Schedule C, which the Fiscal Sponsor may amend from time to time with advance written notice to the Sponsored Organization. Beginning January 1, 2021, the standard The administrative fee for all sponsored projects will be is 3% of all proceeds received by the Sponsored Organization in support of the Project.

Appears in 1 contract

Samples: Fiscal Sponsor Agreement

Administrative and Other Charges. In consideration of the Fiscal Sponsor’s agreement to sponsor the Project, and to cover the Fiscal Sponsor’s expenses in connection with the Project as outlined above, the Project will pay the fees, charges, and expenses as specified in Schedule C, which the Fiscal Sponsor may amend from time to time with advance written notice to the Sponsored Organization. Beginning January 1, 2021, the standard The administrative fee for all sponsored projects will be 3is 2% of all proceeds received by the Sponsored Organization in support of the Project.

Appears in 1 contract

Samples: Fiscal Sponsor Agreement

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Administrative and Other Charges. In consideration of the Fiscal Sponsor’s agreement to sponsor the Project, and to cover the Fiscal Sponsor’s expenses in connection with the Project as outlined above, the Project will pay the fees, charges, and expenses as specified in Schedule C, which the Fiscal Sponsor may amend from time to time with advance written notice to the Sponsored Organization. Beginning January 1, 2021, the standard administrative fee for all sponsored projects will be 3% of all proceeds received by the Sponsored Organization in support of the Project.

Appears in 1 contract

Samples: Fiscal Sponsor Agreement

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