CM fee Sample Clauses

CM fee. Not more often than once a month, and on a date established at the Project Pre-Construction Conference, the CM will submit to the Project Manager for review the Estimate and Requisition for Payment Form (EADOC Software). This form shall be filled out and signed by the CM covering the Work- In-Place as of the date of the Application and supported by such data as the Project Manager may reasonably require. In the event that the Project Substantial Completion Date occurs prior to expiration of the construction phase period as set forth in the Project Schedule, the entire remaining balance due under the terms of this Subparagraph (2) shall be due and payable on the Punch List Completion Date.
AutoNDA by SimpleDocs
CM fee. An Affiliate of TMHC (each Affiliate, a “Construction Manager”) shall serve as construction manager for an Approved Project pursuant to a construction management agreement (each, a “Construction Management Agreement”) in the form of Exhibit H between or among a Construction Manager, on the one hand, and one or more of the Company or a Subsidiary Entity, on the other hand. Each Construction Manager shall be paid (A) a pre-development fee (a “Pre-Development Fee”) under each Construction Management Agreement equal to [**]% of the Pre-Development Fee Base, which Pre-Development Fee shall be paid in equal monthly installments over the portion
CM fee. The CM Fee shall include and shall represent full compensation to the CM on account of the CM’s profit and all overhead and other costs, expenses, and liabilities incurred by the CM in connection with the Work or otherwise in the performance of the Contract, for which the CM is not otherwise compensated through the Construction General Conditions Costs or otherwise included in the GMP (or, if applicable, Early Package Maximum Price). The CM shall include the CM Fee percentage multiplied to the Hard Cost of the Work and Construction General Conditions Costs on the monthly invoices for the CM Construction Services.
CM fee. Construction Manager's Fee during the Construction Phase will be agreed upon in the GMP Amendment as a fixed percentage to be applied, and paid in addition to, the reimbursable Cost of the Work set forth in Article 8, and will include only the following categories of expenses:
CM fee. The CM shall receive a fee for performing construction phase services as set forth Exhibit A, Paragraph 2.3 on a Project (“CM Fee”). The CM Fee shall be based upon the anticipated Construction Costs after bidding the last contract for the Project and shall be reconciled upon project completion. The CM Fee shall be determined in accordance with the following:

Related to CM fee

  • Late Payment Fee Students will be assessed a late payment fee if acceptable payment arrangements are not made by the due date indicated on the statement. Acceptable payment arrangements include payment in full, pending financial aid, approved third-party billing (i.e. veterans) and an active and current payment plan with the Bursar’s Office. More About Tuition, Payment and Refunds. Please see the Academic Catalog, pages 23-29.

  • Upfront Fee The Borrower shall pay to the Agent (for the account of each Original Lender) an upfront fee in the amount and at the times agreed in a Fee Letter.

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

  • Annual Fee As compensation for its activities hereunder, the Asset Representations Reviewer shall be entitled to receive an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of the Issuer, in an amount equal to $5,000.

Time is Money Join Law Insider Premium to draft better contracts faster.