Basic Service Fee Sample Clauses

Basic Service Fee. Each affected employee who does not affirmatively elect to pay a full service fee to the Association and who does not voluntarily waive all constitutional objections, shall pay a basic service fee to the Association in an amount calculated as described below, but, in no events, in excess of the regular periodic dues and general assessments charged to Association members.
AutoNDA by SimpleDocs
Basic Service Fee. On the premise of optimal allocation meeting the annual income target requirments set forth in the Investment Guidelines, generally the basic service fee for the investment management entrusted by Party A to Party B shall be calculated based on the fixed annual rate applicable to each category of investment assets (excluding management fees payable for financial products issued and managed by Party B that are purchased by Party B using the Entrusted Funds of Party A, including but not limited to investment plans, asset-backedt plans and insurance asset management products). Categories Rates (BP) Bonds Tradable bonds 10.00 Non-tradable bonds 8.00 Deposits 3.00 Stocks High dividend stocks 10.00 Other stocks 30.00 Preferred stocks 10.00 Funds 20.00 Purchased financial products 8.00 Financial products issued and managed by Party B According to the then effective legal documents for financial products Equity investment funds 20.00 Liquidity management 2.00 The rates agreed in the Original Agreement shall apply to the existing purchased financial products that have been disbursed before the effective date of this Agreement. For financial products issued and managed by Party B, if investment management fees have been charged by Party B according to any and all effective legal documents for financial products, no other management fees will be charged repeatedly; among which, with respect to a small number of financial products for which no management fees have been charged, the fixed annual investment management rate shall be 8bp. For categories of investment assets not specified in the foregoing section which come into existence from time to time in the Term as permitted and approved by applicable laws, regulations and the insurance regulatory authority, Party A and Party B shall timely negotiate with each other to determine the annual rates and net value calculation methods in a fair and reasonable manner and establish the same in writing before investing in such assets. On the premise that the conditions for calculating the net value of investment assets on a daily basis are met, Party A and Party B shall reach a written agreement through consultation on the daily valuation method for determining the net value of investment assets.
Basic Service Fee. The Owner shall compensate the Golf Course Designer in accordance with the provisions of this Agreement, as follows: For the Basic Services of the Golf Course Designer as described in Subsections 2.2 through 2.14, a Lump Sum fee (the “Basic Services Fee”) of Six Hundred Twenty- Five Thousand Dollars ($625,000.00) which shall be paid in conformity with the schedule described in Article 6.
Basic Service Fee. The COLLEGE shall pay the A/E for the work required by this agreement, including all the work required during the remaining design phases, the bidding phase, the construction phase, and closeout phase, a fee totaling % of the approved construction budget (not including contingencies) established after the schematic design phase. This fee shall be paid as follows: 1. Upon completion and acceptance of an amount equal to forty percent (40%) of the Preliminary Plans and Specifications (Design Development) and related documents, of the total basic services fee. 2. Upon the completion and acceptance of the Final Construction Agreement Documents, an additional sum, which, together with all payments previously made, shall equal seventy percent (70%) of the total basic services fee 3. Upon the completion of the Bidding Phase, an additional sum, which, together with all payments previously made, shall equal seventy-five percent (75%) of the total basic services fee. 4. For performance of Construction Administration required in connection with the construction phase, the A/E shall receive an additional sum, which, together with all payments previously made, shall equal ninety percent (90%) of the total basic services fee. 5. For provision by the A/E to the COLLEGE of all required closeout documents and as-built drawings in AUTOCAD format, an additional sum which, together with all payments previously made, shall equal one hundred percent (100%) of the total basic services fee
Basic Service Fee. On the premise of optimal allocation meeting the annual income target requirments set forth in the Investment Guidelines, generally the basic service fee for the investment management entrusted by Party A to Party B shall be calculated based on the fixed annual rate applicable to each category of investment assets, and in principle, the annual overall level shall not be higher than 0.08% of the scale of investment assets (excluding management fees payable for financial products issued and managed by Party B that are purchased by Party B using Party A’s funds, such as investment plans, asset-backedt plans and insurance asset management products). Non-tradable bonds 8. 00 For financial products sponsored by Party B, if investment management fees have been charged according to the product contract documents, no other management fees will be charged repeatedly. For a small number of financial products for which no management fees have been charged, the fixed annual investment management rate shall be 8bp. For categories of investment assets not specified in the foregoing section which come into existence from time to time in the future as permitted and approved by applicable laws, regulations and the insurance regulatory authority, Party A and Party B shall timely negotiate with each other to determine the annual rates and net value calculation methods in a fair and reasonable manner and establish the same in writing before investing in such assets. On the premise that the conditions for calculating the net value of investment assets on a daily basis are met, Party A and Party B shall reach a written agreement through consultation on the daily valuation method for determining the net value of investment assets.
Basic Service Fee. Party B shall, in accordance with the agreement reached by both Parties, pay a certain percentage of its total business income to Party A at irregular intervals as the basic service fee for the information consultation and technical service hereunder. The concrete payment method may be separately agreed upon by both Parties in writing.

Related to Basic Service Fee

  • Service Fee In consideration of the administrative support services provided by a Recipient, the Distributor shall make service fee payments to that Recipient quarterly or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days of the end of each calendar quarter or other period, at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than the minimum period (the “Minimum Holding Period”), if any, that may be set from time to time by a majority of the Independent Trustees. Alternatively, the Distributor may, at its sole option, make the following service fee payments to any Recipient, within forty-five (45) days of the end of each calendar quarter or at such other interval as deemed appropriate by the Distributor: (i) “Advance Service Fee Payments” at a rate not to exceed 0.25% of the average during the calendar quarter or other period of the aggregate net asset value of Shares, computed as of the close of business on the day such Shares are sold, constituting Qualified Holdings, sold by the Recipient during that period and owned beneficially or of record by the Recipient or by its Customers, plus (ii) service fee payments at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than one (1) year. In the event Shares are redeemed less than one year after the date such Shares were sold, the Recipient is obligated to and will repay the Distributor on demand a pro rata portion of such Advance Service Fee Payments, based on the ratio of the time such Shares were held to one (1) year. The administrative support services to be rendered by Recipients in connection with the Accounts may include, but shall not be limited to, the following: answering routine inquiries concerning the Fund, assisting in the establishment and maintenance of accounts or sub-accounts in the Fund and processing Share redemption transactions, making the Fund’s investment plans and dividend payment options available, and providing such other information and services in connection with the rendering of personal services and/or the maintenance of Accounts, as the Distributor or the Fund may reasonably request.

  • Service Fees Pricing and procedure details provided in the original signed agreement.

  • Monthly Fee The fee for the parking spaces shall be $ per month for parking space(s). each all

  • Services Fee 5.1 The Transmission Services performed by TSO to Network User under this Standard Transmission Agreement are subject to the applicable Services fee calculated in accordance with attachment A of the Access Code for Transmission. In the event of any modification to the Regulated Tariffs, the Total Monthly Fee(s) and the Total Monthly Self-billing Fee(s) provided for in this Article 5.1 shall be adapted as from the calendar day of the entering into force of the modifications.

  • Base Fee The Company shall pay to the Advisor a quarterly base fee (the “Base Fee”) payable in arrears in cash, for services provided by the Advisor in the preceding quarter. For purposes of this Agreement, the “Base Fee” will be equal to 0.70% per annum of the Total Market Capitalization of the Company, subject to the payment of a minimum quarterly base fee (“Minimum Base Fee”), if applicable. For purposes of this Agreement, “Total Market Capitalization” shall be calculated on a quarterly basis as (i) the average of the volume-weighted average price per share of Ashford Prime’s common stock for each trading day of the preceding quarter multiplied by the average number of shares of Ashford Prime’s common stock outstanding during such quarter, on a fully-diluted basis (assuming all common units and long term incentive partnership units in the Operating Partnership which have achieved economic parity with common units in the Operating Partnership have been converted to common stock in the Company), plus (ii) the quarterly average of the aggregate principal amount of the Company’s consolidated indebtedness (including the Company’s proportionate share of debt of any entity that is not consolidated but excluding the Company’s joint venture partners’ proportionate share of consolidated debt), plus (iii) the quarterly average of the liquidation value of the Company’s outstanding preferred equity. The Minimum Base Fee for each quarter will be equal to the greater of (i) 90% of the Base Fee paid for the same quarter in the prior year and (ii) the G&A Ratio multiplied by the Company’s Total Market Capitalization. For purposes of this Agreement, the “G&A Ratio” will be calculated as the simple average of the ratios of total general and administrative expenses, less any non-cash expenses but including any dead deal costs, paid in the applicable quarter by each member of a select peer group set forth in Exhibit A (each, a “Peer Group Member” and collectively, the “Peer Group”), divided by the total enterprise value of such Peer Group Member (calculated in the same manner as the Company’s Total Market Capitalization). The G&A Ratio for each Peer Group Member will be calculated based on the financial information presented in such Peer Group Member’s Form 10-Q or 10-K periodic filings with the SEC following the end of each quarter. The Peer Group may be modified from time to time by mutual written agreement of the Advisor and a majority of the Independent Directors, negotiating in good faith. The Base Fee, as calculated above, shall be payable in arrears no later than the 15th day following the end of each quarter (i.e., one-fourth of 0.70% of the Total Market Capitalization of the Company). The Minimum Base Fee shall be calculated as soon as practicable following the end of the quarter, and to the extent the Minimum Base Fee exceeds the Base Fee paid to the Advisor with respect to any quarter, the Company will pay the Advisor the difference between Minimum Base Fee and the Base Fee within 5 business days of final calculation of the Minimum Base Fee. For purposes of payment of the Base Fee for a partial quarter relating to the first quarter in which this Agreement is effective or for the last quarter in which this Agreement is terminated, the Base Fee shall be calculated as 0.70% of the Total Market Capitalization of the Company, calculated using each trading day of such partial quarter prior to termination, multiplied by the number of days in the applicable quarter in which this Agreement is in effect divided by 365 or 366 days, as applicable. The Minimum Base Fee shall be similarly reduced proportionately based on the number of days in the applicable quarter in which this Agreement is in effect divided by 365 or 366 days, as applicable.

  • Monthly Fees ACS will xxxx Customer each month during the term of this Agreement based on number of "Actions" which occurred during the prior month. The definition of "Actions" and fees for each Action will be documented in each Task Order. Customer shall cause ACS to be paid the foregoing fees on a monthly basis within thirty (30) days of ACS' delivery of an invoice for the preceding month's Actions.

  • CONTRACT FEE An annual charge for administration expenses made on each contract anniversary prior to the Maturity Date.

  • Service Charge The Tenant must pay the Service Charge in accordance with Part 1 of Schedule 3. The Tenant must pay: VAT on any consideration in respect of a VAT Supply to the Tenant by the Landlord at the same time as the consideration is paid; and on demand VAT (and interest, penalties and costs where these are incurred because of anything the Tenant does or fails to do) charged in respect of any VAT Supply to the Landlord in respect of the Premises where that VAT is not recoverable by the Landlord from HM Revenue & Customs. The Tenant must not do anything that would result in the disapplication of the option to tax in respect of the Landlord’s interest in the Building. The Tenant must pay interest on the Rents and on all other sums not paid on or by the due date (or, if no date is specified, not paid within 10 Business Days after the date of demand). Interest will be payable at the Interest Rate for the period starting on the due date (or date of demand) and ending on the date of payment. The Tenant must pay on demand the Landlord’s costs (including legal and surveyor’s charges and bailiff’s and enforcement agent’s fees) and disbursements in connection with: any breach of the Tenant’s obligations in this Lease, including the preparation and service of a notice under section 146 of the 1925 Act; any application by the Tenant for consent under this Lease, whether that application is withdrawn or consent is granted or lawfully refused, except in cases where the Landlord is required to act reasonably and the Landlord unreasonably refuses to give consent; [and] [carrying out works to the Premises to improve their Environmental Performance where the Tenant, in its absolute discretion, has consented to the Landlord doing so; and]31 the preparation and service of a schedule of dilapidations served no later than six months after the End Date. Third party indemnity32 The Tenant must indemnify the Landlord against all actions, claims, demands made by a third party, all costs, damages, expenses, charges and taxes payable to a third party and the Landlord’s own liabilities, costs and expenses incurred in defending or settling any action, claim or demand in respect of any personal injury or death, damage to any property and any infringement of any right, in each case arising from: the state and condition of the Premises or the Tenant’s use of them; the exercise of the Tenant’s rights; or the carrying out of any Permitted Works. In respect of any claim covered by the indemnity in clause 4.7.1, the Landlord must: give formal notice to the Tenant of the claim as soon as reasonably practicable after receiving notice of it; provide the Tenant with any information and assistance in relation to the claim that the Tenant may reasonably require and the Landlord is lawfully able to provide, subject to the Tenant paying to the Landlord all costs incurred by the Landlord in providing that information and assistance; and mitigate its loss (at the Tenant’s cost) where it is reasonable for the Landlord to do so.

  • Administrative Support Service Fees Within forty-five (45) days of the end of each calendar quarter, the Fund will make payments in the aggregate amount of 0.0625% (0.25% on an annual basis) of the average during that calendar quarter of the aggregate net asset value of the Shares computed as of the close of each business day (the "Service Fee"). Such Service Fee payments received from the Fund will compensate the Distributor for providing administrative support services with respect to Accounts. The administrative support services in connection with Accounts may include, but shall not be limited to, the administrative support services that a Recipient may render as described in Section 3(b)(i) below.

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!