Fees Defined Sample Clauses

Fees Defined. As compensation for the Services to be performed by Management Company on behalf of Positive as set forth in Section 2 hereof, Positive agrees to pay to the Management Company fees composed of the sum of the following two components (collectively, the “Management Fees”), determined and paid as provided in this Section 4:
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Fees Defined. All Transfer, Initiation, and Administrative Fees paid by Seller pursuant to this section are considered actual Seller fees and are not a Seller concession or contribution to the Buyer’s cost to close. 1 Buyer’s Signature 2 Seller’s Signature 00ff628 2 Buyer’s Signature 2024 Printing
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Fees Defined. The Section Fee covers costs associated with administrative duties in association with managing instructors; and refers to each section of the course that is offered when there is more than one section being offered at a time. For example, when there is a second section of the course opened, the Section Fee applies. The Educational Fee covers costs associated with course instruction, i.e. tuition. The Materials Fee covers costs associated with student materials, i.e. books, access to any on-line materials, etc.
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Fees Defined. As compensation for the Services to be performed by Management Company on behalf of Positive as set forth in Section 2 hereof, Positive agrees to pay to the Management Company fees composed of the sum of the following two components (collectively, the “Management Fees”), determined and paid as provided in this Section 4: (i) Base Management Fee. A fee (the “Base Fee”) based upon a percentage of Positive’s gross written premiums, less return premiums, during the respective periods set forth in the following table. January 1, 2019 to December 31, 20192 Twelve percent (12%) The reduction in the Base Fee that is scheduled to begin January 1, 2020 is the “Base Fee Stepdown.” Notwithstanding the foregoing, if by December 31, 2019, Holdings has not closed upon the acquisition of one or more other insurance entities that become subject to this Agreement as provided in Section 12(b) below and that have total additional gross written premium of $10,000,000 on an annual basis, the Base Fee Stepdown will be deferred to begin on January 1, 2021 instead of January 1, 2020.
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Related to Fees Defined

  • HOLIDAYS DEFINED The following named days shall be considered holidays for purposes of this article: - New Year's Day - Xxxxxx Xxxxxx Xxxx Day - President's Day - Memorial Day - Independence Day - Labor Day - Indigenous Peoples Day (Columbus Day) - Veteran's Day - Thanksgiving Day - Day After Thanksgiving - Christmas Day

  • Terms Defined in Agreement As used herein, each term defined in the Agreement shall have the meaning assigned thereto in the Agreement, unless expressly provided herein to the contrary.

  • Terms Defined in UCC Terms defined in the UCC which are not otherwise defined in this Security Agreement are used herein as defined in the UCC.

  • Terms Defined in Loan Agreement All capitalized terms used in this Amendment (including in the recitals hereof) and not otherwise defined herein shall have the meanings assigned to them in the Loan Agreement.

  • Other Terms Defined in UCC All other capitalized words and phrases used herein and not otherwise specifically defined herein shall have the respective meanings assigned to such terms in the UCC, to the extent the same are used or defined therein.

  • Overtime Defined All time worked before or after the regular work day, the regular work week or on a holiday, as specified herein, shall be considered overtime.

  • Overtime Definition Overtime shall be defined as being all hours worked in excess of the normal or standard work day, or in excess of the normal or standard work week. The overtime rate shall be one and one-half (1½) times the regular straight time hourly rate of pay. NOTE: Article 16.04 is applicable to full-time employees only.

  • Terms Defined in Credit Agreement All capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Credit Agreement.

  • UCC Definitions Unless otherwise defined herein or the context otherwise requires, terms for which meanings are provided in the UCC are used in this Security Agreement, including its preamble and recitals, with such meanings.

  • Terms Defined As used in this Agreement, the following terms have the respective meaning set forth below: