Assessment Amount Sample Clauses

The Assessment Amount clause defines the specific sum or method for calculating the amount that will be charged, levied, or assessed under the agreement. Typically, this clause outlines how the assessment is determined—such as a fixed fee, a percentage of a value, or based on certain criteria or events—and may specify when and to whom the amount is payable. Its core practical function is to provide clarity and certainty regarding financial obligations, thereby preventing disputes over payment amounts and ensuring all parties understand their monetary responsibilities.
Assessment Amount. The assessment amount shall be five (5) percent for common benefit attorneys’ fees and one (1) percent for costs. The assessment amount represents a hold back (In re Zyprexa Prods. Liab. Litig., 467 F.Supp.2d 256, 266 (2d. Cir. 2006)) and, with respect to Participating Counsel only, shall not be increased or altered in any way unless each of the following occurs: (1) significant common benefit work beyond the amount designated for the assessment has been completed, including the conclusion of an MDL or authorized state court trials; (2) the PSC approves the proposed change to assessment by a majority vote; and (3) noticed motion with an opportunity to be heard is granted by the Court.
Assessment Amount. The City agrees that it will only certify/levy the Assessment Amount against the Property if the Owner does not pay the Assessment Amount when due and then, only up to the Assessment Amount for the Improvements pursuant to this Agreement.
Assessment Amount. The Assessment Amount is the total value of the Improvements in the amount of $5,556.00, plus 2024 accrued interest of $275.97 if unpaid before the end of 2024, for a total Assessment Amount of $5,831.97. The Assessment Amount is equal to or exceeds the estimated special benefit of the Improvements to the Property.
Assessment Amount. Upon execution of this Agreement, Applicant shall pay to the City the sum of $6,000.00, to be assessed against the Property. The terms of the assessment shall be as follows: The assessment amount of $6,000.00 shall be payable over a period of fifteen (15) years, with 4.61% interest applied. The balance of the assessment amount shall be paid in full before any transfer of part or all of the property. The assessments shall represent % of the total cost of the improvements.
Assessment Amount. The portion of the total project cost that ▇▇▇▇▇▇▇ will pay is agreed upon at a not to exceed amount of $831,613.00. This amount includes a portion of project costs and County debt issuance and financing costs such as interest, plus Tax Collector fees. This amount does not include any Assessment early payment discounts, as provided for by Florida Statutes. The Assessment amounts provided herein are those attributable to Hammock, and adjacent benefiting properties, for Dune on the Property and the role it plays interconnected with the Dune the County is constructing on other coastal properties within the County; Hammock will pay the costs with an initial non-assessment payment of $132,002.00 directly to the Board of County Commissioners for the Dune construction within LRA property, upon (i) creation and adoption of the Assessment district but in no case later than April 1, 2018, and thereafter, pay in five equal annual Assessments of $140,428.00 for five years prior to January 1 of each of the following years. The Assessment amount that LRA is responsible for paying set forth in this Section 8.c. is subject to reduction and the sharing of payment by other benefiting property owners as contemplated in Sections 8.e., 8.d., 8.f.
Assessment Amount. 15 The assessment amount shall be ten (10) percent of the Gross Monetary Recovery 16 in each case, with eight (8) percent for common-benefit attorneys’ fees and two (2) percent 17 for common-benefit expenses. This amount represents a “holdback.” See, e.g., In re 18 Zyprexa Prods. Liab. Litig., 467 F.Supp.2d 256, 266-67 (E.D.N.Y. 2006). By entering this 19 Participation Agreement, the undersigned understands and avers to not move, join, or 20 otherwise support a motion that seeks a common-benefit fee assessment in excess of 8%, 21 nor a motion that seeks common-benefit expenses in excess of 2%, unless it should 22 become apparent that fees in excess of 8% or expenses in excess of 2% are required to 23 reasonably and adequately advance the litigation.
Assessment Amount. The total project cost will vary depending on the number of participants in the Voluntary Assessment Program, the exact number of which is not known as of this time. The Seawall project costs will be paid with annual assessments over a fifteen (15) year period and are estimated and set as provided in Section 11.
Assessment Amount. As the size and complexity of this matter has yet to be determined, Plaintiffs’ Executive Committee will make a motion with the court, at a later time, for a determination of the assessment amount for both attorneys’ fees and expenses. The assessment shall represent a holdback ( See In re Zyprexa Prods. Liab. Litig., 267 F.Supp.2d 256 (E.D.N.Y. 2006)). By entering this Participation Agreement, the undersigned understands and avers to not move, join, or otherwise support a motion that seeks a common benefit fee assessment in excess of the Plaintiffs’ Executive Committee suggested amount, nor a motion that seeks common benefit costs in excess of the Plaintiffs’ Executive Committee suggested amount, unless it should become apparent that costs and expenses in excess of the Plaintiffs’ Executive Committee suggested amount, is required to reasonably and adequately advance the litigation. However, to obtain the benefit of this assessment amount, all plaintiffs’ counsel with a case pending in this MDL or in any state court shall execute this Participation Agreement within 45 days of the entry of the Common Benefit Order. Any plaintiffs’ attorney who does not yet have an Atrium Medical case filed in any state or federal court shall execute this Participation Agreement (a) within 45 days of the date their first case is filed in or otherwise docketed in this Court via transfer or removal, or (b) within 45 days of the date their first case is filed in any state court. Failure to execute the Participation Agreement within these time frames may result in an increased assessment as determined by Plaintiffs’ Executive Committee.
Assessment Amount. 10. Co-Lead Counsel are unable to estimate the assessment amount at this time given the stage of the litigation. Co-Lead Counsel, in consultation with PEC and all signors to this agreement, shall recommend an assessment amount to the Court at a later date when there is a full understanding of the amount of work and cost necessary to create the Common Benefit Work Product. 11. The proposed assessment amounts are subject to the right of Co-Lead Counsel or their PEC designee(s) to request reallocation of the total assessment between fees and expenses at the time the application for disbursement is made or for modifications of the assessment for good cause shown. 12. This assessment represents a hold back pursuant to In re Zyprexa Prods. Liab.
Assessment Amount