Cost-Plus Financial Arrangement Sample Clauses

Cost-Plus Financial Arrangement i) During the Cost-Plus Transition Period, Aramark shall retain all Gross Receipts. Aramark shall be reimbursed by Client for all Reimbursable Costs incurred as part of the Campus Food Service Program under this Agreement plus a service fee as set forth in this paragraph (the “Service Fee”). There shall be no Service Fee for Year 1 of the Agreement. For Years 2-3 of the Agreement, the Service Fee shall be in the amount of 3% of Net Receipts. Within twenty (20) days after the end of each Accounting Period, Aramark will submit to Client an operating statement for such Accounting Period. At the end of each academic semester, Aramark shall either (i) invoice Client for its Reimbursable Costs and Service Fee less all Net Receipts, or (ii) provide Client with a refund for any excess of Net Receipts less Reimbursable Costs and the Service Fee, whichever is applicable. The form and substance of the operating statement shall be substantially the same as the sample operating statement provided at Exhibit E to this Agreement.
Sample 1
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Related to Cost-Plus Financial Arrangement

  • Financial Arrangements 18. The Commonwealth will provide an estimated total financial contribution to the States of $54.928 million in respect of this Agreement. All payments are GST exclusive.

  • Special Arrangements Fees for activities of a non-recurring nature such as reorganizations, and/or preparation of special reports will be subject to negotiation. Fees for a change in fund structure (i.e., Core and Feeder) are subject to negotiation.

  • Transitional Arrangements Seller and Purchaser agree to cooperate and to proceed as follows to effect the transfer of account record responsibility for the Branches:

  • Institutional Arrangements 1. The AIA Council, as established by the AEM under the AIA Agreement, shall be responsible for the implementation of this Agreement.

  • Final Arrangements 1. This Agreement shall become valid as of the day of its signing by both parties hereto, and effective as of the day following the day of its publication in the Central Register of Agreements administered by the Government Office of the Slovak Republic.

  • Travel Arrangements I understand that Harvard does not represent or act as an agent for, and cannot control the acts or omissions of, any host family, employer, transportation carrier, hotel, tour organizer or other provider of food, goods or services involved in the Project. I understand that Harvard is not responsible for matters that are beyond its control, and that it cannot warrant the safety or convenience of the circumstances under which I will be living or working.

  • Implementation Arrangements A. Institutional Arrangements

  • Order Arrangements Customer may place orders with HPE through our website, customer-specific portal, or by letter, fax or e-mail. Where appropriate, orders must specify a service delivery date. If Customer extends the service delivery date of an existing Order beyond ninety (90) days, then it will be considered a new order.

  • Alternate 911 Arrangements If you are not comfortable with the limitations of the 911 Dialing service, you should consider having an alternate means of accessing traditional 911 or E911 services or terminating the Service.

  • Flexible Work Arrangements (1) Work-life strategies are important to allow staff to harmonise their family and work commitments, while maintaining operational efficiency and work force productivity.

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