Fuel Management Fee Sample Clauses

The Fuel Management Fee clause establishes a charge related to the management, procurement, or usage of fuel within a contractual arrangement. Typically, this fee may be calculated based on actual fuel consumption, a fixed rate, or as a percentage of operational costs, and is often applied in agreements involving vehicle rentals, equipment leasing, or transportation services. Its core function is to clearly allocate the costs and responsibilities associated with fuel usage, ensuring transparency and preventing disputes over fuel expenses between the parties.
Fuel Management Fee. Energy Manager shall be paid an annual Fuel Management Fee, in consideration for Energy Manager's performance of the Fuel Services contemplated herein. The amount of such Fuel Management Fee shall be agreed upon by the parties not later than the Closing Date and shall reflect a fee of $750,000 and an allowance for certain costs. These costs included in the Fuel Management Fee shall be comprised of an appropriate allocation of compensation paid to employees and expenses of the Energy Manager, an appropriate allocation of such costs of employees and expenses of the Energy Manager's parent or affiliates to the extent such employees provide service pursuant to this Agreement and an appropriate allocation of depreciation and return on the undepreciated balance of Energy Manager and its parent or affiliates owned assets. The cost component of the initial Fuel Management Fee, once established and approved by Authority, will be indexed in the same manner as the Direct Cost Budget under the Management Services Agreement until the termination of the Management Services Agreement and thereafter subject to mutually agreeable adjustments. Authority shall pay the Fuel Management Fee to Energy Manager in twelve equal monthly installments, payable in accordance with the provisions of Section 3.4.
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Fuel Management Fee. The Owner shall pay Operator a management fee (the "Fuel Management Fee") commencing in the first month of the Effective Date. The Management Fee will be $125,000.00 per year, payable in monthly installments of $10,416.
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Fuel Management Fee. 3.1 Base Fee - In consideration of the Gas procurement, sale and management services provided by Marketer pursuant to this Agreement, Company shall pay Marketer a fuel management fee each month following the Effective Date equal to one thousand dollars ($1,000.00), escalated each Annual Period by CPI (the "Base Fee"). 3.2 Renegotiation of Base Fee - Within ninety (90) Days prior to the beginning of the fourth Annual Period, Marketer or Company may request in writing a redetermination of the Base Fee. Following the receipt of such request, Marketer and Company shall negotiate in good faith to attempt to mutually agree upon a revised Base Fee, taking into consideration, among other things, any changes in (a) the staffing and costs associated with providing the marketing services under this Agreement (including the ability of the staff assigned to administering this Agreement to also provide similar services under other fuel management services arrangements with Affiliates of Company) and (b) the risks that Marketer assumes in purchasing the Gas and other services under this Agreement. If the Parties are unable to mutually agree upon a revised Base Fee, then either Party shall have the right to terminate this Agreement at the beginning of the fourth Annual Period upon providing the other Party written notice on or before the beginning of the fourth Annual Period. Marketer agrees to (a) continue to provide fuel management services under the terms of this Agreement and (b) to provide transitional support to any replacement fuel management services provider, in each case, for a period of up to three (3) months following the termination of this Agreement if requested by Company.
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Fuel Management Fee. The Owner shall pay Operator a management fee (the "Fuel Management Fee") commencing in the first month of the Effective Date. The Fuel Management Fee will be $25,000 per year, payable in monthly installments of $2,083. [The Fuel Management Fee shall be $25,000 per year prorated based upon the fuel BTU's purchased in the year prior to the exercise of the Second Option Agreement with respect to the Plant.] In addition, Owner shall pay Operator for the cost of Fuel and fuel related taxes, as well as third party fuel related fees and costs prudently incurred consistent with existing practice under the Energy Management Agreement and Appendix D to this Agreement.
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Fuel Management Fee 
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Related to Fuel Management Fee

  • Asset Management Fee The fee payable to the Advisor for day-to-day professional management services in connection with the Company and its investments in Assets pursuant to this Agreement.

  • Property Management Fee For its services in managing the day-to-day operations of the Property in accordance with the terms of this Agreement, Company shall pay to Property Manager an annual property management fee (the “Property Management Fee”) equal to 4.0% of the Gross Revenue (as hereinafter defined). The Property Management Fee shall be prorated for any partial year and shall be payable in equal monthly installments, in advance. The Property Management Fee shall be payable on the first day of each month from the Operating Account or from other funds timely provided by the Company. Upon the expiration or earlier termination of this Agreement, the parties will prorate the Property Management Fee on a daily basis to the effective date of such expiration or termination. For purposes of this Agreement, the term “Gross Revenue” shall mean all gross collections from the operations of the Property, including, without limitation, rental receipts, late fees, application fees, pet fees, damages, lease buy-out payments, reimbursements by Tenants for common area expenses, operating expenses and taxes and similar pass-through obligations paid by Tenants, but shall expressly exclude (i) security deposits received from Tenants and interest accrued thereon for the benefit of the Tenants until such deposits or interest are included in the taxable income of the Company; (ii) advance rents (but not lease buy-out payments) until the month in which payments are to apply as rental income; (iii) reimbursements by Tenants for work done for a particular Tenant; (iv) proceeds from the sale or other disposition of all or any portion of the Property; (v) insurance proceeds received by the Company as a result of any insured loss (except proceeds from rent insurance or the excess of insurance proceeds for repairs over the actual costs of such repairs); (vi) condemnation proceeds not attributable to rent; (vii) capital contributions made by the Company; (viii) proceeds from capital, financing and any other transactions not in the ordinary course of the operation of the Property; (ix) income derived from interest on investments or otherwise; (x) abatement of taxes, awards arising out of takings by eminent domain and discounts and dividends on insurance policies; and (xi) rental concessions not paid by third parties.

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Thirty-Six Thousand, Four Hundred Seventy-Seven Dollars and Sixty-Five Cents ($36,477.65). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items. Exhibit C- Project Assignment Page 2 of 4

  • Collateral Management Fee Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.15% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility (excluding any Unfunded L/C Exposure under the L/C Sublimit) outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).

  • VENDOR MANAGEMENT FEE Contractor shall pay to Enterprise Services a vendor management fee (“VMF”) of 1.25 percent on the purchase price for all Contract sales (the purchase price is the total invoice price less applicable sales tax). (a) The sum owed by Contractor to Enterprise Services as a result of the VMF is calculated as follows: Amount owed to Enterprise Services = Total Contract sales invoiced (not including sales tax) x .0125. (b) The VMF must be rolled into Contractor’s current pricing. The VMF must not be shown as a separate line item on any invoice unless specifically requested and approved by Enterprise Services. (c) Enterprise Services will invoice Contractor quarterly based on Contract sales reported by Contractor. Contractor is not to remit payment until Contractor receives an invoice from Enterprise Services. Contractor’s VMF payment to Enterprise Services must reference this Contract number, the year and quarter for which the VMF is being remitted, and Contractor’s name as set forth in this Contract, if not already included on the face of the check. (d) Contractor’s failure to report accurate total net Contract sales, to submit a timely Contract sales report, or to remit timely payment of the VMF to Enterprise Services, may be cause for Enterprise Services to suspend Contractor or terminate this Contract or exercise remedies provided by law. Without limiting any other available remedies, the parties agree that Contractor’s failure to remit to Enterprise Services timely payment of the VMF shall obligate Contractor to pay to Enterprise Services, to offset the administrative and transaction costs incurred by the State to identify, process, and collect such sums, the sum of $200.00 or twenty-five percent (25%) of the outstanding amount, whichever is greater, or the maximum allowed by law, if less. (e) Enterprise Services reserves the right, upon thirty (30) calendar days advance written notice, to increase, reduce, or eliminate the VMF for subsequent purchases, and reserves the right to renegotiate Contract pricing with Contractor when any subsequent adjustment of the VMF might justify a change in pricing.