Calculation of Concession Fees Sample Clauses

Calculation of Concession Fees. The Lessee agrees to pay to the Lessor monthly for the rights and privileges granted to it herein, for each Agreement Year, the greater of (a) the Percentage Fee; or (b) the Minimum Annual Guarantee (MAG). The MAG for Agreement Year One shall be Dollars ( ) which is a MAG based on an Agreement Year from January to December, and shall be payable in 12 equal monthly installments on or before the first of the month. The MAG for each year thereafter shall be equal to the greater of (i) ninety percent (90%) of the prior Agreement Year’s Percentage Fees, or (ii) the Year One MAG, whichever is greater. In no event shall the MAG be less than the Year One MAG. In the event Xxxxxx’s cumulative payments for the Agreement Year equal or exceed the MAG, Lessee shall be relieved from the obligation to pay one-twelfth (1/12) of the MAG on or before the first of each month and shall only be obligated to make its Percentage Fee payment on or before the tenth of the subsequent month for the remainder of the Agreement Year.
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Calculation of Concession Fees. The Lessee agrees to pay to the Lessor monthly for the rights and privileges granted to it herein, for each Agreement Year, the greater of (a) the Percentage Fee; or (b) the Minimum Annual Guarantee (MAG). The MAG for Agreement Year One shall be which is a MAG based on an Agreement Year from January to December; however, the actual MAG paid to the Lessor for Agreement Year One shall be eleven-twelfths (11/12ths) of the Agreement Year One MAG and shall be payable in 11 equal monthly installments on or before the first of the month. The MAG for each year thereafter shall be equal to the greater of (i) ninety percent (90%) of the prior Agreement Year’s Percentage Fees, or (ii) the Year One MAG, whichever is greater. In no event shall the MAG for the next ensuing Agreement Year be less than the Year One MAG. In the event Lessee’s cumulative payments for the Agreement Year equal or exceed the MAG, Lessee shall be relieved from the obligation to pay one-twelfth (1/12) of the MAG on or before the first of each month and shall only be obligated to make its Percentage Fee payment on or before the tenth of the subsequent month for the remainder of the Agreement Year.
Calculation of Concession Fees. A. For the privilege of conducting the Rent-a-Car Concession operations hereunder, the Concessionaire shall pay to the Airport Authority, the greater of the following: A Minimum Annual Guarantee for each year of the term of this Agreement, as follows: First Year -- $_____________ Second Year -- $_____________ Third Year -- $_____________ TOTAL $_____________ OR

Related to Calculation of Concession Fees

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT Subject to the provisions of Section 6.5, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Approval Date and ending on the Final Termination Date (as set out in Exhibit 5), the “M&O Amount” shall be determined in compliance with Applicable School Finance Law in effect for such year and according to the following formula:

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  • Permit Fees All Permit fees paid to regulatory agencies for approvals directly attributable to the Project. These permit fees do not include those permits required to be paid by the construction Contractor.

  • DEDUCTION OF UNION FEES The employer shall deduct union fees from the wages and salaries of members of the union when authorised in writing by members. The employer will forward the monies with the names and the individual amounts deducted to the union.

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  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

  • Early Construction of Base Case Facilities Developer may request Connecting Transmission Owner to construct, and Connecting Transmission Owner shall construct, subject to a binding cost allocation agreement reached in accordance with Attachment S to the ISO OATT, including Section 25.8.7 thereof, using Reasonable Efforts to accommodate Developer’s In-Service Date, all or any portion of any System Upgrade Facilities or System Deliverability Upgrades required for Developer to be interconnected to the New York State Transmission System which are included in the Base Case of the Class Year Study for the Developer, and which also are required to be constructed for another Developer, but where such construction is not scheduled to be completed in time to achieve Developer’s In-Service Date.

  • COLLECTION OF CHARGES 16.1 A Sector Association may request the consent of the Administrator to collect charges due from Operators to the Administrator in respect of facilities under the charging scheme.

  • Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@t xxx-xxx.xxx Choice of Law clauses with TIPS Members If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law c lauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to re ad as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. 5 Agreed Venue of dispute resolution with a TIPS Member In the event of litigation or use of any dispute resolution model when resolving disputes with a TIPS member entity a s a result of a transaction between the vendor and TIPS or the TIPS member entity, the Venue for any litigation or ot her agreed upon model shall be in the state and county where the customer resides unless otherwise agreed by the parties at the time the dispute resolution model is decided by the parties. Agreed

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