Administrative Cost Reimbursement. 5.3.1 A solid waste community enhancement fund may be used to help defray the direct costs incurred to administer a solid waste community enhancement program by Metro or a host local government (e.g., staff time and materials necessary to set up and administer a solid waste community enhancement program).
Administrative Cost Reimbursement. During the first five (5) Lease Years only, Tenant shall pay to Landlord $50,000.00 semi annually ($100,000.00 annually, $500,000.00 in the aggregate for all 5 years) at the end of the 6th month of the Lease Year and at the end of the Lease Year, within 30 days of Notice from Landlord, which Notice shall include a certificate from the City Manager or other authorized representative of Landlord to the effect that at least $50,000 of third party and in house costs have reasonably been incurred by Landlord for the 6 month period for which payment is being requested for administering and monitoring compliance of Tenant's performance under this Lease. If Landlord has not provided the Notice and supporting affidavit provided for herein for any 6 month period within 365 days after the end of such 6 month period, Tenant shall be forever relieved of the obligation to pay any amount pursuant to this Section 4.7 for such 6 month period.
Administrative Cost Reimbursement. Contractor shall make an annual payment to City in the amount of One Hundred Thousand Dollars ($100,000) to defray its administrative costs related to this Agreement (the "Administrative Cost Reimbursement"). Commencing July 1, 2023, the amount of the Administrative Cost Reimbursement shall be adjusted by a percentage equal to the change in the annual average of the Consumer Price Index ("CPI") for All Urban Consumers, CUURS49ASA0 not seasonally adjusted, all items index (CPI-U) – All items in Los Angeles-Long Beach-Anaheim for the twelve (12) month period ending the December immediately prior to the applicable adjustment date. The Administrative Cost Reimbursement Shall be due on or before July 1 each year, commencing on July 1, 2022. If any Administrative Cost Reimbursement is not paid by Contractor within thirty (30) days after the above stated due date, and in addition to any other remedy provided by law, Contractor shall pay to City a penalty in an amount equal to ten percent (10%) per month, or portion thereof, of the amount owing until paid.
Administrative Cost Reimbursement. During the first five (5) Lease Years only, Tenant shall pay to Landlord $50,000.00 semi-annually ($100,000.00 annually, $500,000.00 in the aggregate for all 5 years) at the end of the 6th month of the Lease Year and at the end of the Lease Year, within 30 days of Notice from Landlord, which Notice shall include a certificate from the City Manager or other authorized representative of Landlord to the effect that at least $50,000 of third party and in house costs have reasonably been incurred by Landlord for the 6 month period for which payment is being requested for administering and monitoring compliance of Tenant's performance under this Lease.
Administrative Cost Reimbursement. Contribution projects will pay an administrative cost reimbursement to the Business Incubator Center to cover the cost of overhead expenses to manage the program. Your contribution project will be billed on a quarterly basis. Your contribution project is a self-certified project; this means that the organization is allowed to receive donations directly, and your organization is responsible for the reporting requirements to the MCEZA. The administrative fee for the period the project is in the Enterprise Zone is: $1 for each certificate and 1% of cash/stock contributions. Maximum % fee for any single cash/stock contribution is $500.00.
Administrative Cost Reimbursement. In addition, Contractor agrees to pay certain administrative costs associated with the administrative costs and direct costs culminating with this Agreement, which administrative costs have been estimated by the City for reasonable nexus to the actual costs of such administrative functions incurred by City. The administrative costs to be paid by Contractor are as follows:
