Compensation and Accounting Sample Clauses

Compensation and Accounting. The County will compensate Redwood Community Services at the agreed upon rate of $9,302 per month, minus any monthly placement costs the County may pay for the youth. Payment will begin on the first day of services and end on the last day of services. Monthly reimbursements will be pro-rated. Payments under this MOU will not exceed $111,624 for the term of this agreement.
Sample 1
AutoNDA by SimpleDocs
Compensation and Accounting. In consideration of the Services to be rendered by Consultant under this Agreement, Advance hereby agrees to pay Consultant $15,000 per month in equal installments every two weeks. Consultant will be responsible for the payment of income or other taxes relating to such payments.
Sample 1
Compensation and Accounting. A. As compensation to Manager for services provided hereunder, Manager shall be 40% for nightly rentals of the rent received. B. Manager shall furnish Owner with a monthly accounting regarding the Unit by the 15th day of the month, together with a check for amounts due to Owner, if any, for the preceding month. Monthly statements will not be sent if activity has not occurred in the Unit. C. Accounts not paid within thirty (30) days of receipt will be assessed a late fee equal to D. Owner agrees that the published rack rate for the Unit is a guideline only. Owner agrees that Manager may use their best discretion to change the nightly rate to facilitate maximum rental revenue where appropriate.
Sample 1
Compensation and Accounting. 2.1 During the Term, Perrigo agrees to pay Axxxx, as full and complete consideration for his advisory and consultation services relative to the Project, an annual fee of $370,000 USD, payable in substantially equal monthly installments. In addition, Perrigo will reimburse Axxxx for his reasonable and necessary expenses related to the Project. 2.2 Except for VAT the fee set forth in Section 2.1 includes all applicable taxes, such as income tax, which shall be paid by Axxxx. If Perrigo should be held liable to pay such tax, then Perrigo may deduct and withhold the corresponding amount from the fee otherwise payable to Axxxx.
Sample 1
Compensation and Accounting. 4.1. County shall receive the greater of a Commission equal to Fifteen Percent (15.0%) of Gross Revenue for Concessions, Catering and Alcoholic Beverages payable on a monthly basis or an Annual Minimum Guarantee, based on the following schedule: Year 1 .......... $ 75,000.00 Year 2 .......... $ 90,000.00 Year 3 .......... $100,000.00 Year 4 .......... $110,000.00 Year 5 .......... $120,000.00 4.2. County will designate no more than 15 charitable events (as defined by County) for which it will waive its Commission. The total amounts waived will be subtracted from the Annual Minimum Guarantee amount due. Contractor shall pass the waived commission through to the Client’s charitable event to reduce the cost of food and services charged to the Client. 4.3. The Contractor shall furnish to the County within twenty-eight (28) days of the end of each Accounting Period an accounting statement signed by an authorized representative of the Contractor. The reports shall include a report for the Accounting Period stating Gross Receipts by source of sales and Commissions payable to County. 4.4. The County may prescribe the form of records to be kept by Contractor in accordance with this provision. Contractor shall, on reasonable demand, make available to County or any person designated by County, all records, books of account and statements maintained with respect to Gross Sales at the Facility. All records will be made available locally at the County’s request within five (5) days of said request. 4.5. The Contractor shall maintain a separate set of books and records for its operations at the Center in accordance with generally accepted accounting principles. The Contractor shall provide a Statement of Gross Revenues earned at the facility, certified by an independent certified public accountant for the period ending each contract year. The Statement shall be provided with in six weeks of the end of each contract year. 4.6. The Contractor shall keep complete and accurate inventory control records before and after each event as well as sales reports for each event held at the Facility. 4.7. The County shall have the right to make a special audit, by auditors selected by the County, of the books and records required to be made and preserved locally by Contractor. 4.8. Contractor shall collect and promptly remit all sales or other taxes required by Federal, State and local authorities for the operation of the Food Services including but not limited to sales tax payable to...
Sample 1
Compensation and Accounting. A. The Contractor shall have authority to receive payments from debtors and shall have authority to endorse checks, drafts, money orders which are received from debtors in payment of their delinquent accounts. B. The Contractor shall submit monthly invoices in a form and format to be approved by the City. At a minimum, each monthly invoice must contain a report that includes all payments by citation number. The Contractor’s monthly invoice is due by the 15th of each month for the previous month’s payments. C. For Delinquent collections, the Contractor will be compensated a collection fee of thirty (30%) of all payment
Sample 1
Compensation and Accounting. 3.1 Article 4 of the Agreement shall be amended as follows:
Sample 1
AutoNDA by SimpleDocs
Compensation and Accounting. FOR REVENUES 1314 Section 6.01 ICWD’s Compensation; ICWD Reimbursement 14 Section 6.02 Disposition of Polk County System Revenues 14 ARTICLE VII. SYSTEM CAPITAL INVESTMENTS 14 Section 7.01 Ownership of Polk County System Assets 14 Section 7.02 Transmission Expansion Projects 1415 Section 7.03 Distribution Expansion Investment 1415 Section 7.04 Supplemental Funding of Distribution Expansion Projects 1415 Section 7.05 Transmission Expansion Project Approval 15 Section 7.06 Capital Improvement Plan 15 Section 7.07 Lake Xxxxx Investments 1516 Section 7.08 Capital Asset Account 1516 ARTICLE VIII. TERM AND TERMINATION 1516 Section 8.01 Term 1516 Section 8.02 Termination 16Error! Bookmark not defined. Section 8.03 Assistance Upon Termination 1617 Section 8.04 Water Resources to Remain Pooled Upon Termination 1617 Section 8.05 Lake Xxxxx 1617
Sample 1
Compensation and Accounting 
Sample 1Sample 2Sample 3See All (8)

Related to Compensation and Accounting

  • Compensation and FUND ACCOUNTING Expenses FUND ACCOUNTING shall be paid as compensation for its services pursuant to this Agreement such compensation as may from time to time be agreed upon in writing by the two parties. FUND ACCOUNTING shall be entitled, if agreed to by the Fund on behalf of the Portfolio, to recover its reasonable telephone, courier or delivery service, and all other reasonable out-of-pocket, expenses as incurred, including, without limitation, reasonable attorneys' fees and reasonable fees for pricing services.

  • Legal and Accounting Fees All charges for services and expenses of the Trust's legal counsel and independent accountants.

  • Administrative and Accounting Services The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;

  • Legal and Accounting Services The Company may obtain legal and accounting services to the extent reasonably necessary for the conduct of the Company's business.

  • Legal and Accounting Fees and Expenses All charges for services and expenses of the Corporation’s legal counsel and independent auditors for the benefit of the Fund;

  • Custody and Accounting Services All expenses of the transfer, receipt, safekeeping, servicing and accounting for the cash, securities, and other property of the Corporation, for the benefit of the Fund, including all charges of depositories, custodians, and other agents, if any;

  • Fund Accounting Services (a) BNY, in performing the services required of it under the terms of this Agreement, shall be entitled to rely fully on the accuracy and validity of any and all instructions, explanations, information, specifications and documentation furnished to it by a Fund and shall have no duty or obligation to review the accuracy, validity or propriety of such instructions, explanations, information, specifications or documentation, including, without limitation, evaluations of securities; the amounts or formula for calculating the amounts and times of accrual of Fund's liabilities and expenses; the amounts receivable and the amounts payable on the sale or purchase of securities; and amounts receivable or amounts payable for the sale or redemption of Fund shares effected by or on behalf of the Fund. In the event BNY's computations hereunder rely, in whole or in part, upon information, including, without limitation, bid, offer or market values of securities or other assets, or accruals of interest or earnings thereon, from a pricing or similar service utilized, or subscribed to, by BNY which BNY in its judgment deems reliable, or any other third party pricing source designated by the Trust, BNY shall not be responsible for, under any duty to inquire into, or deemed to make any assurances with respect to, the accuracy or completeness of such information. BNY shall not be required to inquire into any valuation of securities or other assets by the Fund or any third party described in this Section, even though BNY in performing services similar to the services provided pursuant to this Agreement for others may receive different valuations of the same or different securities of the same issuers. (b) Subject to the provisions of this Agreement and the direction and approval of the Trust's Board, BNY shall perform the computations described in Schedule II at such times and dates and in the manner specified or described in the then-current prospectus(es) of a Fund. To the extent valuation of securities or a computation specified or described in a Fund's Pricing Procedures or then-current effective prospectus(es) is at any time inconsistent with any applicable laws or regulations, the Trust or BAAI shall immediately so notify BNY in writing and thereafter shall furnish BNY at all appropriate times with the values of such securities and such Fund's net asset value or other amounts otherwise to be calculated by BNY, or, subject to the prior approval of BNY, instruct BNY in writing to value securities and make such computations in a manner which the Trust or BAAI then represents in writing to be consistent with all applicable laws and regulations. The Trust or BAAI may also from time to time, subject to the prior approval of BNY, instruct BNY in writing to make computations other than as specified in this Section of this Agreement. By giving such instruction, the Trust or BAAI shall be deemed to have represented that such instruction is consistent with all applicable laws and regulations and the then-current effective prospectus(es) of the particular Fund. The Trust or BAAI shall have sole responsibility for determining the method of valuation of securities and the method of computations, and all computations, valuation of securities and the method of computing each Fund's net asset value shall be subject to approval by the Trust and BAAI. BNY shall not be liable for relying on any price provided by any pricing service believed by BNY to be reliable, and the Trust or BAAI shall furnish values when the same are not available from a pricing service utilized by BNY, with such furnishing to constitute an instruction to BNY to rely on the provided values. (c) BNY shall be responsible for determining and properly reflecting in the computations made by it under this Agreement: (i) the taxable nature of any distribution or amount received or deemed received by, or payable to, a Fund; (ii) the taxable nature or effect on a Fund or its shareholders of any corporate actions, class actions, tax reclaims, tax refunds, or similar events; (iii) the taxable nature or taxable amount of any distribution or dividend paid, payable or deemed paid, by a Fund to its shareholders; (iv) the effect under any federal, state, or foreign income tax laws of a Fund making or not making any distribution or dividend payment, or any election with respect thereto; or (v) any tax accounting; provided, however, that if BNY is not certain of the taxable nature, amount or effect of any such item, it may seek instructions regarding the proper treatment of such item from the Trust or BAAI in accordance with the procedures set forth in Section 1(e), above, and shall have no liability for acting in reliance on such instructions.

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”). (2) Maintain tax lot detail for the Fund’s investment portfolio. (3) Calculate taxable gain/loss on security sales using the tax lot relief method designated by the Trust. (4) Provide the necessary financial information to calculate the taxable components of income and capital gains distributions to support tax reporting to the shareholders.

  • Records and Accounting The General Partner shall keep or cause to be kept at the principal office of the Partnership appropriate books and records with respect to the Partnership’s business, including all books and records necessary to provide to the Limited Partners any information required to be provided pursuant to Section 3.4(a). Any books and records maintained by or on behalf of the Partnership in the regular course of its business, including the record of the Record Holders and Assignees of Units or other Partnership Securities, books of account and records of Partnership proceedings, may be kept on, or be in the form of, computer disks, hard drives, punch cards, magnetic tape, photographs, micrographics or any other information storage device; provided, that the books and records so maintained are convertible into clearly legible written form within a reasonable period of time. The books of the Partnership shall be maintained, for financial reporting purposes, on an accrual basis in accordance with U.S. GAAP.

  • Compensation and Expenses (a) In consideration of AFD’s services hereunder, the Fund agrees to pay AFD the fees set forth in Schedule B, attached hereto. The Service Fee set forth on Schedule B may be offset by any fees and charges collected and retained by AFD as set forth below: (i) any applicable sales charge assessed upon investors in connection with the purchase of Shares; (ii) from the Fund, any applicable contingent deferred sales charge ("CDSC") assessed upon investors in connection with the redemption of Shares; (iii) from the Fund, the distribution service fees with respect to the Shares of those classes as designated in Schedule A for which a Plan is effective (the "Distribution Fee"); and (iv) from the Fund, the shareholder service fees with respect to the Shares of those Classes as designated in Schedule A for which a Service Plan is effective (the "Shareholder Service Fee"). (b) The Distribution Fee and Shareholder Service Fee, if any, shall be accrued daily by the Trust or class thereof and shall be paid monthly as promptly as possible after the last day of each calendar month but in any event on or before the fifth (5th) Fund Business Day after month-end, at the rate or in the amounts set forth in the Plan(s). The Trust grants and transfers to AFD a general lien and security interest in any and all securities and other assets of the Trust now or hereafter maintained in an account at the Trust’s custodian on behalf of the Trust to secure any Distribution Fees, Shareholder Service Fees, or other fees owed AFD by the Trust under this Agreement. (c) The Trust shall be responsible and assumes the obligation for payment of all the expenses of the Trust, including fees and disbursements of its counsel and auditors, in connection with the preparation and filing of the Registration Statement and Prospectus (including but not limited to the expense of setting in type the Registration Statement and Prospectus and printing sufficient quantities for internal compliance, regulatory purposes and for distribution to current shareholders). The Trust shall bear the cost and expenses (i) of the registration of the Shares for sale under the Securities Act; (ii) of the registration or qualification of the Shares for sale under the securities laws of the various States; (iii) if necessary or advisable in connection therewith, of qualifying the Funds, (but not AFD) as an issuer or as a broker or dealer, in such States as shall be selected by the Trust and AFD pursuant to Section 6(c) hereof; (iv) payable to each State for continuing registration or qualification therein until the Funds decide to discontinue registration or qualification pursuant to Section 6(c) hereof; and (v) payable for standard transmission costs, including costs imposed by the National Securities Clearing Corporation. AFD shall pay all expenses relating to AFD's broker-dealer qualification.

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