Calculation of Service Fee. MSEA-SEIU shall determine the amount of the service fee to be charged to non-members, consistent with both applicable law and this Article and shall certify to the State the amount of the service fee. The service fee paid by part-time employees shall bear the same ratio to part-time dues as the fee paid by full time employees bears to the dues amount paid by full time employees.
Calculation of Service Fee. (1) The initial service fee and on-going service fee for Class 1 Units in the Balanced Series, Xxxxxx Series, Xxxxxxxx/Xxxxxx Series, Currency Series, Xxxxxx Series and Long/Short Commodity Series, as well as Class 1a Units in the Balanced Series, shall be calculated according to the following scale: $0 - $99,999 3.00 % $100,000 - $499,999 2.50 % $500,000 - $999,999 1.25 % $1,000,000 and above 0.80 %
(2) The initial service fee and on-going service fee for Class 1 Units in the Long Only Commodity Series and Managed Futures Index Series shall be calculated according to the following scale: $0 - $499,999 2.00 % $500,000 - $999,999 1.25 % $1,000,000 and above 0.80 %
(3) The calculation of the initial service fee for incremental Unit purchases is based on the aggregate amount of Units held by an investor at the time of each Unit purchase (taking into account the right of accumulation). For example, if an investor purchases $75,000 in Class 1 Units of the Xxxxxxxx/Xxxxxx Series in one month, the Selling Agent shall receive an initial service fee of 3.00% of the purchase price of such Units. If such investor then purchases an additional $50,000 in Class 1 Units of the Xxxxxxxx/Xxxxxx Series three months later, the Selling Agent shall be paid an initial service fee of 2.50% of the purchase price of such Units. If such investor subsequently invests $500,000 in Class 1 Units of the Xxxxxxxx/Xxxxxx Series, the Selling Agent shall be paid an initial service fee of 1.25% of the purchase price of such Units.
(4) The initial service fee is calculated based upon the net asset value of the aggregate amount of Units in Class 1 or Class 1a, as applicable, at the time of such purchase and the service fee applicable thereof. The on-going service fee after the initial 12 months of each purchase has expired is calculated based upon the net asset value of the aggregate amount of Units in Class 1 or Class 1a, as applicable, at the end of such 12 month period(s).
(5) Using the above example (assuming no redemption of Units has occurred), the initial service fee for the initial twelve months will be 3.00% of the net asset value of the initial Unit purchase of $75,000; 2.50% of the net asset value of the additional Unit purchase of $50,000; and 1.25% of the net asset value of the additional Unit purchase of $500,000. One year from the initial Unit purchase of $75,000, the on-going service fee will be 1.25% of the net asset value of the Unit purchase of $75,000. One year after the se...
Calculation of Service Fee. MSEA-SEIU shall calculate the amount of the service fee to be charged to non-members who elect the service fee, consistent with both applicable law and this Article, and shall certify to the MCCS the amount of the service fee. The service fee set for part-time adjuncts shall bear the same ratio to part-time dues as the fee paid by "full time adjuncts" bears to the dues amount paid by "full time adjuncts." The term "full time adjuncts" is used for the purposes of this Article only and specifically for MSEA-SEIU's calculation and administration of dues and service fees.
Calculation of Service Fee. AFSCME Council 93 shall determine the amount of the service fee to be charged to non-members, consistent with both applicable law and this Article and shall certify to the State the amount of the service fee.
Calculation of Service Fee. AFSCME Council 93 shall determine the amount of the service fee to be charged to non-members, consistent with both applicable law and this Article and shall certify to the State the amount of the service fee. Until the start of each employee’s pay period commencing closest to but no earlier than July 1, 2006, the amount of the fee charged to employees (a) last hired prior to April 4, 2005; (b) who were neither members of AFSCME Council 93 nor agency fee payers as of that date; (c) who have continued in that status since then; and (d) who choose not to join AFSCME Council 93; shall be capped at fifty percent of the otherwise-applicable service fee. The service fee paid by part-time employees shall bear the same ratio to part-time dues as the fee paid by full time employees bears to the dues amount paid by full time employees.
Calculation of Service Fee. On a set date each month, Customer will determine the number of *** Employee Users, *** Adult Dependent Users, *** Users and *** Users who meet the Eligibility Criteria, and Customer ‘will calculate the full fee payable for such *** Employee Users, *** Adult Dependent Users, *** Users and *** Users, as applicable, for such month. Customer will report results of each monthly Billing File Run and the related full fee payable to Castlight by the last day of such applicable month. Castlight may verify the amount calculated by Customer by comparing the number in the Billing File Run for the applicable month to the eligibility file run with the date closest to the Billing File Run for the applicable month. A variance of up to I% is acceptable with no risk for payment adjustments.
Calculation of Service Fee. MSEA-SEIU shall determine the amount of the service fee to be charged to non-members, consistent with both applicable law and this Article and shall certify to the State the amount of the service fee. Until the start of each employee’s pay period commencing closest to but no earlier than July 1, 2006, the amount of the fee charged to employees (a) last hired prior to July 2, 2003; (b) who were neither members of MSEA-SEIU nor agency fee payers as of that date; (c) who have continued in that status since then; and (d) who choose not to join MSEA-SEIU; shall be capped at fifty percent of the otherwise-applicable service fee. The service fee paid by part-time employees shall bear the same ratio to part-time dues as the fee paid by full time employees bears to the dues amount paid by full time employees.
Calculation of Service Fee. (1) The initial service fee and on-going service fee for Class 1 Units in the Frontier Long/Short Commodity Series, Balanced Series, Xxxxxx Series, Xxxxxxxx/Xxxxxx/Tiverton Series, Currency Series and Xxxxxx/Xxxxxx Series, as well as Class 1a Units in the Balanced Series, shall be calculated according to the following scale: $0 - $99,999 3.00 % $100,000 - $499,999 2.50 % $500,000 - $999,999 1.25 % $1,000,000 and above 0.80 %
(2) The initial service fee and on-going service fee for Class 1 Units in the Long Only Commodity Series and Managed Futures Index Series shall be calculated according to the following scale: $0 - $499,999 2.00 % $500,000 - $999,999 1.25 % $1,000,000 and above 0.80 %
(3) The initial service fee and on-going service fee for Class 1 Units in the Frontier Diversified Series, Frontier Dynamic Series and Frontier Masters Series and Class 1a Units in the Frontier Long/Short Commodity Series shall be calculated according to the following scale: $0 - $499,999 2.00 % $500,000 - $999,999 1.25 % $1,000,000 and above 0.80 %
(4) The calculation of the initial service fee for incremental Unit purchases is based on the aggregate amount of Units held by an investor at the time of each Unit purchase (taking into account the right of accumulation). For example, if an investor purchases $75,000 in Class 1 Units of the Xxxxxxxx/Xxxxxx/Tiverton Series in one month, the Selling Agent shall receive an initial service fee of 3.00% of the purchase price of such Units. If such investor then purchases an additional $50,000 in Class 1 Units of the Xxxxxxxx/Xxxxxx/Tiverton Series three months later, the Selling Agent shall be paid an initial service fee of 2.50% of the purchase price of such Units. If such investor subsequently invests $500,000 in Class 1 Units of the Xxxxxxxx/Xxxxxx/Tiverton Series, the Selling Agent shall be paid an initial service fee of 1.25% of the purchase price of such Units.
(5) The initial service fee is calculated based upon the net asset value of the aggregate amount of Units in Class 1 or Class 1a, as applicable, at the time of such purchase and the service fee applicable thereof. The on-going service fee after the initial 12 months of each purchase has expired is calculated based upon the net asset value of the aggregate amount of Units in Class 1 or Class 1a, as applicable (other than of the Units in Class 1 of the Frontier Diversified Series, Frontier Dynamic Series and Frontier Masters Series and Class 1a of the Frontier Long/Short...
Calculation of Service Fee. 4.1 Party B agrees to pay the consulting service fee (the “Service Fee”) in accordance with the Annex I attached hereto.
4.2 Party B shall pay Party A the Service Fee according to the payment terms and time specified by Party A in writing. Both Parties agree that Party B can postpone the payment with the prior written consent of Party A.
4.3 Both Parties confirm that during the Service Term, Party A will enjoy and bear all the economic benefits and risks arising from Party B’s operations; and Party A promises that it will provide financial support for Party B if the latter’s business is in severe difficulty, and Party A has the right to decide whether Party B shall continue to operate in the event of the foregoing circumstance, and Party B shall unconditionally approve and agrees to the said decision made by Party A.
Calculation of Service Fee. Party A shall offer management consulting and services in accordance with the terms and provisions of the Agreement, and Party A and Party B hereby unanimously agree that 100% of the profit (defined as below) (incurred from the commencement date) shall be paid to Party A as service fee. Nonetheless, in consideration of actual operation condition of Party B, Party A may unilaterally adjust this percentage once or more than once at any time. The commencement date of such adjustment may be dated back to the date of signing of the Agreement (“service fee”).
