CONTRACT FEE. An annual charge for administration expenses made on each contract anniversary prior to the Maturity Date.
CONTRACT FEE. On each contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Investment Accounts in proportion to the Accumulation Value of the Investment Accounts. The effective date of the Contract Fee will be the contract anniversary. However, if the New York Stock Exchange is closed on the contract anniversary, the effective date will be the next following Valuation Date.
CONTRACT FEE. On each contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Investment Accounts in proportion to the Accumulation Value of the Investment Accounts. The Contract Fee deducted from the Guaranteed Interest Fund will not exceed the sum of:
CONTRACT FEE. The maximum total cumulative fee allowed the Construction Administrator under this contract shall not exceed One Million Dollars ($1,000,000.00). When approximately 75% of the fee set forth in this article has been expended, the Construction Administrator shall notify the State in writing of the amount of work completed to that date under this contract. Said notification shall include an itemization of all fees that have been paid to the Construction Administrator pursuant to the work. The Construction Administrator shall not be reimbursed for per diem expenses or travel expenses. If at any time during the term of any project assigned under this contract the State should require the Construction Administrator to make any substantial change in the size or scope of the work or require any substantial change in plan, design, or specification which shall necessitate the Construction Administrator to do substantial work, then and in such event, the Construction Administrator shall prepare additional documents and make changes as required and shall be entitled to fair and equitable compensation therefor. The Commissioner of the DAS, hereinafter referred to as the “Commissioner,” shall determine the amount of such compensation and the manner of payment thereof. If the State should require any such substantial changes and if these should result in a change in the amount of the total construction budget for the project, said amount shall be considered changed to an amount determined by the Commissioner. The above notwithstanding, should it be necessary for the Construction Administrator to prepare any such additional documents or make changes in the same for purposes of meeting project requirements where increases in the cost of labor and/or materials are not the governing factor, the Construction Administrator shall perform such duties without receiving additional compensation. In addition, if at any time during the term of this contract the State should request the Construction Administrator to DocuSign Envelope ID: ED00C58D-9F77-47B9-BEE0-6982B57EC9FF reduce the scope of services originally agreed upon for any project assigned under this contract, the Construction Administrator shall then reduce said scope of services, as requested, and the Construction Administrator's fee for such project shall be reduced by a fair and equitable amount determined by the Commissioner. The Construction Administrator shall be entitled to a payment of Ten Dollars ($10.00) at the te...
CONTRACT FEE. On each contract anniversary prior to the Maturity Date, a Contract Fee will be charged for administrative expenses. The amount of the Contract Fee is shown on page 4. The Contract Fee will be deducted from the Investment Accounts in proportion to the Accumulation Value of the Investment Accounts. The Contract Fee deducted from the Guaranteed Interest Fund will not exceed the sum of: - 10% of the gross purchase payments applied to the Guaranteed Interest Fund during the contract year; and - interest in excess of an annual effective interest rate of 3% credited to the Guaranteed Interest Fund during the contract year. The effective date of the Contract Fee will be the contract anniversary. However, if the New York Stock Exchange is closed on the contract anniversary, the effective date will be the next following Valuation Date.
CONTRACT FEE. A non-refundable contract fee of $40 and the completed housing contract for the academic year are required to hold a room reservation and must be submitted to the Office of Residential Life.
CONTRACT FEE. The maximum total cumulative fee allowed the Consultant under this contract shall not exceed Five Hundred Thousand Dollars ($500,000.00). The Consultant shall be entitled to a payment of Ten Dollars ($10.00) at the termination of this contract if at such time the Consultant has not received any fee under this contract. When approximately 75% of the fee set forth above has been expended, the Consultant shall notify the DAS Chief Architect in writing of the amount of work completed to that date under this contract. Said notification shall include an itemization of all fees that have been paid to the Consultant pursuant to the work.
CONTRACT FEE. A Contract Fee may be deducted from the Contract Value on each Contract Anniversary that occurs on or prior to the Annuity Date. It may also be deducted upon a full withdrawal of the Contract Value if it is not withdrawn on a Contract Anniversary. The amount of the Contract Fee and circumstances under which it will be imposed are shown in the Contract Schedule. This charge will never increase.
CONTRACT FEE. Unless otherwise stated in the Contract, the Contract Fee shall be the total fee for the Services including the cost of all labour, materials, equipment, holiday relief or substitute as and when necessary, overheads and all other costs of the Contractor in connection with the Contract for full and proper performance by the Contractor.
