Administrative Charge Clause Samples

Administrative Charge. Sponsor will retain an administrative charge to cover the costs associated with its management of the Sponsored Program Funds and other administrative expenses associated with this Agreement. This administrative charge shall be: four percent (4 %) of the gross amount of the Sponsored Program Funds received by Sponsor annually.

Administrative Charge. (a) Each month, the Manager shall charge the Joint Account an amount equal to 5% of Allowable Costs which are paid to third party contractors and 10% of all other Allowable Costs, which shall be a liquidated amount to reimburse the Manager and its Affiliates for its and their borne office overhead and general and administrative expenses to conduct Mining Operations, and which shall be in lieu of any management fee:

Administrative Charge. (a) Each month, the Manager shall charge the Business Account a sum for each phase of Operations as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses to conduct each phase of Operations, and which shall be in lieu of any management fee and for taxes based on production of Products:

Administrative Charge. 11 Age................................................................

Administrative Charge. In addition to Fixed Rent, Adjustments and other charges hereunder, Tenant shall pay to Landlord an overall administrative charge of five percent (5%) of any charge which is Tenant's responsibility to pay, which Landlord pays on behalf of Tenant and for which Landlord subsequently bills Tenant.

Administrative Charge. We assess a daily charge against each Contract's assets at the annual rate shown on your Contract Schedule page.

Administrative Charge. Seller is responsible for reimbursement of the administrative costs incurred by the Buyer in administering this agreement in accordance with this Section. For all energy supplied by the Seller, the Administrative Charge identified in Part I of this Agreement will apply. The Administrative Charges may, all or in part, at the Buyer’s sole discretion, be offset against amounts owed Seller by Buyer, or charged under a separate billing, as provided in this Section.

Administrative Charge. Section D (Monthly Administration Charges) of Appendix C (Interconnection Details) to the Interconnection Agreement provides that Interconnection Customer will pay Southern Companies a Monthly Administration Charge of $5,000 for all costs and expenses incurred by Southern Companies during a month. The Commission has found that the Monthly Administration Charge is just and reasonable and has approved this Monthly Administration Charge in many interconnection agreements between Southern Companies and other Interconnection Customers.11 As Southern Companies have previously explained to the Commission in other proceedings, this charge covers the costs and expenses of activities performed by Southern Companies with respect to the interconnection, including those related to control center operations, billing checkouts and data transfers.12 The cost support for the Monthly Administration Charge is substantially the same as that which Southern Companies have previously provided to the Commission. A copy of the cost support is attached to this transmittal letter.

Administrative Charge. The Manager shall charge the Joint Account each month a sum as provided below, which shall be a liquidated amount to reimburse the Manager for its home office overhead and general and administrative expenses for its conduct of Operations, which shall be in lieu of any management fee: 2.14.1 with respect to Operations before commencement of Development, the Manager’s fee shall be ten percent (10%) of the Allowable Costs other than funds expended pursuant to any individual contract for materials for services which exceed in the aggregate US$50,000 in any Program period, for which the Manager’s fee shall be three percent (3%) of Allowable Costs. 2.14.2 with respect to operations after the commencement of Development but before commencement of Mining, the Manager’s fee shall be five percent (5%) of Allowable Costs; 2.14.3 with respect to operations after the commencement of Mining, the Manager’s fee shall be three percent (3%) of Allowable Costs. These fee rates are based upon the principle that the Manager shall not make a profit or loss from this administrative charge but should be fairly and adequately compensated for the pro rata share of its costs and expenses. The specific rates provided for in this Section 2.14 shall be established and may be amended from time to time by mutual agreement among the Parties hereto if, in practice, the rates are found to be insufficient or excessive. Allowable Costs as used in this Section 2.14 shall include all amounts accrued to the Environmental Compliance fund, and all charges to the Joint Account except (i) the administrative charge defined herein; (ii) depreciation, depletion or amortization of tangible or intangible assets; (iii) funds disbursed from the Environmental Compliance Fund; (iv) amounts expended for acquisition, construction or installation of tangible or intangible assets after mining operations have commenced; and (v) land payments, taxes and assessments. The following representative list of items comprising the Manager’s principal business office expenses are expressly covered by the administrative charge provided in this Section 2.14 : (a) administrative supervision, which includes services rendered by officers and directors of the Manager for Operations, except to the extent that such services represent a direct charge to the Joint Account, as provided for in Section 2.2 ; (b) accounting, billing and record keeping in accordance with governmental regulations and the provisions of the Venture Agreemen...