General Services Fee. As compensation for his services during the term of this Agreement, Mr. Xxxxxxxx xxxll receive a monthly fee, payable on the 15th of each month beginning February 15, 2001, in the amount of $14,584.
General Services Fee. In consideration of the General Services, the Company shall pay LGA in the aggregate an annual fee equal to One Hundred Twenty Thousand Dollars ($120,000) for calendar 1994 (prorated), 1995 and 1996, Two Hundred Fifty Thousand Dollars ($250,000) for calendar 1997, and Five Hundred Thousand Dollars ($500,000) for each subsequent calendar year during the term hereof. Such fee shall be payable in equal monthly installments, in advance, on the first day of each month commencing on the first such day following the date hereof.
General Services Fee. In consideration of the General Services, the Companies shall pay the Manager an annual fee payable in cash (the “Annual Fee”) equal to $2,500,000; provided, however, that the Manager, in its sole discretion and at any time upon written notice to the Companies, may increase such fee up to an amount equal to two percent (2%) of the annual EBITDA of the Borrower and the Subsidiaries on a consolidated basis. The Annual Fee shall be payable by the Companies in equal monthly installments in advance, on the first business day of each month commencing on the first such day following the date hereof. For purposes of this Section 2.1, “EBITDA”, “Borrower” and “Subsidiaries” shall have the meaning ascribed to such terms in that certain Credit Agreement, dated as of the date hereof, by and among Holdings, Columbia Lake Acquisition Corp., Xxxxxx Xxxxxxx Senior Funding, Inc. and the other parties listed therein.
General Services Fee. The general services portion of the Service budget will be allocated among states by a formula, ten percent of which is an equal share per state and ninety percent based on relative revenues from state corporate income taxes and any other taxes for which a state uses the Service. The resulting amount is considered the “general services fee” for each Service member state. Training course registration fees
General Services Fee. In consideration of the General Services, the Company shall pay LGP an annual fee payable in cash equal to One Million Dollars ($1,000,000.00) payable monthly in advance in equal monthly installments.
General Services Fee. In consideration of the General Services, the Company shall pay the Advisor (or its designee or designees) an annual fee (the “Annual Fee”) payable in cash equal to one million dollars ($1,000,000); provided, however, that no such payments will be made at any time that an event of default under the Indenture has occurred and is continuing; provided, further that any portion of the Annual Fee that has not been paid during the continuation of such an event of default that is subsequently cured shall be promptly paid to the Advisor following such cure. In the event of a bankruptcy, liquidation or winding-up of the Company, the payment of all accrued and unpaid fees and other obligations under this Agreement shall be subordinated to the prior payment in full of all amounts due and owing under the Indenture and the Credit Agreement. Subject to the foregoing provisions of this Section 2.1, the Annual Fee shall be payable by the Company in equal monthly installments in advance, on the first business day of each month commencing on the first such day following the date of this Agreement, without regard to the amount of services actually performed by the Advisor.
General Services Fee. In consideration of the General Services, the Company shall pay the Managers an annual fee payable in cash equal to $3,120,000 (the "Base Annual Fee"), which annual fee shall be increased (a "Fee Increase") by 1.6% of any additional capital invested by BD Recapitalization Holdings LLC or (i) any of its members or their affiliates; (ii) any investment manager, investment advisor or partner of Green Equity Investors III, L.P. ("GEI") or TPG Partners III, L.P. ("TPG III") or any principal or beneficial owner of any of the foregoing; or (iii) any investment fund, investment account or investment entity whose investment manager, investment advisor or partner, or any principal or beneficial owner of any of the foregoing, is either GEI or TPG III or any person identified in clauses (i) or (ii) above (such annual fee, as adjusted if applicable, shall be referred to as the "Annual Fee"). Any such increase shall take effect in the year the relevant additional investment is made and apply to the Annual Fee for such year and each subsequent year, regardless of the time of the year such investment is made. The Annual Fee shall be payable by the Company in equal monthly installments (subject to any additional amounts necessary to be paid to satisfy any obligation with respect to a Fee Increase in the year such Fee Increase occurs) in advance, on the first business day of each month commencing on the first such day following the date hereof, without regard to the amount of services actually performed by Manager. The Base Annual Fee shall be paid equally to the Managers. Any Fee Increase shall be paid as agreed in writing by the Managers.
General Services Fee. In consideration of the General Services, the Companies shall pay LGP an annual fee of $1,000,000, payable in cash in equal semiannual installments (pro rata), in advance, on each Interest Payment Date (as defined in the Exchange Agreements (defined below)), without regard to the amount of services actually performed by LGP. All such fees due and payable on an Interest Payment Date that the Companies are prohibited from paying under the Exchange Agreement and that certain Second Amended and Restated Credit Agreement dated November 13, 2003 among the Companies, Xxxxx Fargo Bank, National Association, U.S. Bank, National Association and Citicorp North America, Inc. (the “Credit Agreement”) shall accrue and be due and payable to LGP at such time that the Companies are no longer prohibited from making such payments under the Exchange Agreements and the Credit Agreement.
General Services Fee. The first sentence of Section 2.1 of the Management Agreement shall be deleted and replaced with the following sentence: "In consideration of the General Services, the Company shall pay the Manger an annual fee payable in cash equal to $900,000 (the "Annual Fee"), provided, however, that the Annual Fee for the period from the date of this Management Agreement through November 24, 2003 (the "Pro Rata Period"), shall equal the product of $900,000 and a fraction, the numerator of which shall be the number of days in the Pro Rata Period and the denominator of which shall be 365 (the "Pro Rata Fee")."
General Services Fee. In consideration of the General Services, the Companies shall pay Apollo an annual fee payable in cash equal to $1,500,000 (as such may be adjusted hereunder, the "Apollo Annual Fee"); provided, however, that in the event that (a) NRDC enters into a real estate services agreement with one or both of the Companies, (b) NRDC receives any payments or other compensation (other than the NRDC Annual Fee and other than pursuant to Section 2.6 hereof), whether directly or indirectly, in connection with providing the Real Estate Services or (c) NRDC fails to contribute its Commitment (as defined in the NRDC Equity Commitment Letter), then the Apollo Annual Fee shall be increased by $500,000.
