License Fee; Amount and Adjustments Sample Clauses

License Fee; Amount and Adjustments. 7.2.1. As consideration for this Agreement, Licensee shall pay Licensor a monthly license fee in the amount of Two Thousand Dollars ($2,000.00) per Telecommunications Pole (the “License Fee”), payable on the first Day of each month, commencing on the first Day of the month after issuance of the Notice to Proceed (“Commencement Date”). The $2,000.00 monthly fee to be assessed against each Telecommunications Pole shall apply for the 2010/2011 fiscal year. Thereafter, this monthly fee shall be annually adjusted on July 1 of each fiscal year in accordance with Subsection 7.
Sample 1
AutoNDA by SimpleDocs
License Fee; Amount and Adjustments. As consideration for this License, 13 Licensee shall pay City a monthly license fee in the amount of Two Thousand, Four Hundred
Sample 1
License Fee; Amount and Adjustments. 7.2.1. As consideration for this Agreement, Licensee shall pay Licensor a monthly license fee in the amount of THREE THOUSAND AND FIVE HUNDRED AND TWENTY-THREE DOLLARS AND EIGHTEEN CENTS ($3,523.18) (the “License Fee”), payable on the first Day of each month, commencing on the first Day of the month after issuance of the Notice to Proceed (“Commencement Date”). The THREE THOUSAND AND FIVE HUNDRED AND TWENTY-THREE
Sample 1
License Fee; Amount and Adjustments. 7.2.1. As consideration for this Agreement, Licensee shall pay Licensor a monthly license fee in the amount of Two Thousand and Six Hundred and Fifteen Dollars and Fifty-Five Cents ($2,615.55) (the “License Fee”), payable on the first Day of each month, commencing on the first Day of the month after issuance of the Notice to Proceed (“Commencement Date”). The $2,615.55 monthly fee shall apply for the 2010/2011 fiscal year. Thereafter, this monthly fee shall be annually adjusted on July 1 of each fiscal year in accordance with Subsection 7.2.3. The License Fee for a partial month shall be prorated on a 30 Day basis. Licensee shall not exceed the number of Antennas indicated in the Site Plan (“Base Antennas”) without compliance with Subsection 10.14. and other applicable sections of this Agreement. If Licensee adds an antenna or antennas beyond the Base Antennas, the Licensor shall pay an additional Two Hundred and Ten Dollars ($210.00) a month per Licensor-approved antenna (“Additional Antenna Fee”). The first installment of the Additional Antenna Fee shall be increased, by the greater of: (i) five percent (5%) per year from the Effective Date, or (ii) by an amount equal to the increase in the Consumer Price Index (as defined in Section 7.2.3) from the Effective Date. Thereafter, this monthly fee shall be annually adjusted on July 1 of each fiscal year in accordance with Subsection 7.2.3. This fee shall be paid with the License Fee. 7.2.2. The License Fee shall not include the use of Licensor-owned Accessory Structures. Licensee shall pay Licensor an additional monthly amount of forty-five cents ($.45) per square foot of the Accessory Structure (“Accessory Structure Use Fee”). This fee shall be paid with the License Fee. The Accessory Structure Use Fee shall be increased each year on July 1 in accordance with Subsection 7.2.3. Should Licensee wish to use additional Licensor-owned facilities, in addition to any Accessory Structures, such use shall require the written consent of the Director which he or she may withhold at his or her discretion. Licensee shall pay an Accessory Structure Use Fee for the area of the building or structure used by Licensee. 7.2.3. The License Fee, the Accessory Structure Use Fee, and the Additional Antenna Fee shall be increased, by the greater of: (i) five percent (5%) of the previous fiscal year’s fee amount, or (ii) by an amount equal to the increase in the Consumer Price Index (“CPI”). The CPI shall mean the Consumer Price In...
Sample 1
License Fee; Amount and Adjustments. In consideration for this License, Licensee shall initially pay the City a monthly License Fee in the amount of One Thousand Dollars and Zero Cents ($1,000) for each one (1) Antenna per location (“License Fee”), payable on the first day of each month, commencing on the first day of the month after the Commencement Date (“Due Date”). The License Fee for a partial month shall be prorated on a 30 day basis. The License Fee shall be increased each year on July 1st by the greater of: (a) five percent (5%) of the previous fiscal year’s License Fee amount, or (b) an amount equal to the increase in the Consumer Price Index (“CPI”). The CPI shall mean the Consumer Price Index (All Items, Base 1982-84 = 100) as published by the United States Department of Labor, Bureau of Labor Statistics for All Consumers for the Los Angeles-Riverside-Orange County Area, or if such index shall be discontinued, the successor index, or if there shall be no successor index, such comparable index as mutually agreed upon by the parties. The base for the CPI shall be the most recent twelve (12) month period. The City shall communicate all License Fee increases to the Licensee in writing by June 1 of that year. Anaheim’s failure to communicate the License Fee increases in no way relieves Licensee of its obligation to pay said increased License Fee. If the Licensee Fee is not received by City on or before the thirtieth (30th) day following the Due Date, it shall be deemed delinquent. If the License Fee is not paid before delinquency, then the amount due and unpaid shall be subject to a late charge at the rate of five percent (5%) per annum of the overdue amount, without limitation to the City’s other rights and remedies under this License.
Sample 1
License Fee; Amount and Adjustments. 7.2.1. As consideration for this Agreement, Licensee shall pay Licensor a monthly license fee in the amount of Two Thousand and Six Hundred and Fifteen Dollars and Fifty-Five Cents ($2,615.55) per TLP (the “License Fee”), payable on the first Day of each month, commencing on the first Day of the month after issuance of the Notice to Proceed (“Commencement Date”). The $2,615.55 monthly fee to be assessed against each TLP shall apply for the 2010-2011 fiscal year. Thereafter, this monthly fee shall be annually adjusted on July 1 of each fiscal year in accordance with Subsection 7.2.3. The License Fee for a partial month shall be prorated on a 30 Day basis. 7.2.2. The License Fee shall not include the use of Licensor-owned Accessory Structures. Licensee shall pay Licensor an additional monthly amount of forty-five cents ($.45) per square foot of the Accessory Structure (“Accessory Structure Use Fee”). This fee shall be paid with the License Fee. The Accessory Structure Use Fee shall be increased each year on July 1 in accordance with Subsection 7.2.3. Should Licensee wish to use additional Licensor-owned facilities, in addition to any Accessory Structures, such use shall require the written consent of the Director which he or she may withhold at his or her discretion. Licensee shall pay an Accessory Structure Use Fee for the area of the building or structure used by Licensee.
Sample 1

Related to License Fee; Amount and Adjustments

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate per annum.

  • Adjustments to Fees Notwithstanding any of the fee limitations set forth in this Article 6, commencing upon the expiration of the first year of this Agreement, and upon the expiration of each year thereafter during the Term, the then-­‐current fees set forth in Section 6.1 and Section 6.3 may be adjusted, at ICANN’s discretion, by a percentage equal to the percentage change, if any, in (i) the Consumer Price Index for All Urban Consumers, U.S. City Average (1982-­‐1984 = 100) published by the United States Department of Labor, Bureau of Labor Statistics, or any successor index (the “CPI”) for the month which is one (1) month prior to the commencement of the applicable year, over (ii) the CPI published for the month which is one (1) month prior to the commencement of the immediately prior year. In the event of any such increase, ICANN shall provide notice to Registry Operator specifying the amount of such adjustment. Any fee adjustment under this Section 6.5 shall be effective as of the first day of the first calendar quarter following at least thirty (30) days after ICANN’s delivery to Registry Operator of such fee adjustment notice.

  • Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate (a) All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to LIBOR) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid; provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one (1) day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. (b) If, as a result of any restatement of or other adjustment to the financial statements of the Parent or for any other reason, then the Parent, the Borrower, the Administrative Agent, or the Lenders determine that (i) the Consolidated Leverage Ratio as calculated by the Parent and the Borrower as of any applicable date was inaccurate and (ii) a proper calculation of the Consolidated Leverage Ratio would have resulted in higher pricing for such period, then the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders, within three (3) Business Days after demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to any Loan Party under the Bankruptcy Code of the United States, automatically and without further action by the Administrative Agent or any Lender), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period. This paragraph shall not limit the rights of the Administrative Agent or any Lender, under Section 2.08(b) or under Article IX.

  • Over-Allowance Amount On the Cost Proposal Delivery Date and, in any event, prior to the commencement of the construction of the Tenant Improvements, Tenant shall deliver to Landlord cash in an amount (the “Over-Allowance Amount”) equal to the difference between (i) the amount of the Cost Proposal and (ii) the amount of the Tenant Improvement Allowance (less any portion thereof already disbursed by Landlord, or in the process of being disbursed by Landlord, on or before the Cost Proposal Delivery Date). The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. If, after the Cost Proposal Date, any revisions, changes, or substitutions shall be made to the Construction Drawings or the Tenant Improvements as a result of requests made by Tenant or as otherwise specified in Section 5.01(h) below, any additional costs which arise in connection with such revisions, changes or substitutions shall be paid by Tenant to Landlord immediately upon Landlord’s request as an addition to the Over-Allowance Amount and, in any event, prior to the commencement of the construction of the revisions, changes or substitutions. Promptly following completion of construction of the Tenant Improvements and payment of all costs incurred in connection therewith, Landlord shall prepare and deliver to Tenant a reasonably detailed reconciliation of (i) the total cost of the Tenant Improvements, including all Tenant Improvement Allowance Items, and (ii) the total amount of the Tenant Improvement Allowance and the Over-Allowance Amount payments previously made by Tenant pursuant to the foregoing provisions of this Section. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements exceeds the amount of the Tenant Improvement Allowance plus all Over-Allowance Amount previously paid by Tenant, Tenant shall pay the amount of such shortfall to Landlord within thirty (30) days after receipt of such reconciliation. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements is less than the amount of the Tenant Improvement Allowance plus all Over-Allowance Amounts previously paid by Tenant, Landlord shall pay the amount of such overage to Tenant at the time that Landlord delivers such reconciliation to Tenant.

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

  • Reimbursement Amount Except for the metropolitan areas listed below, the maximum reimbursement for meals including tax and gratuity, shall be: Breakfast $ 9.00 Lunch $11.00 Dinner $16.00 For the following metropolitan areas the maximum reimbursement shall be: Breakfast $11.00 Lunch $13.00 Dinner $20.00 The metropolitan areas are: Atlanta Boston Cleveland Denver Hartford Kansas City Miami New York City Portland, OR San Francisco St. Louis Baltimore Chicago Dallas/Fort Worth Detroit Houston Los Angeles New Orleans Philadelphia San Diego Seattle Washington D.C. See Appendix L for details related to the boundaries of the above-mentioned metropolitan areas. The metropolitan areas also include any location outside the forty-eight (48) contiguous United States. Employees who meet the eligibility requirements for two (2) or more consecutive meals shall be reimbursed for the actual costs of the meals up to the combined maximum reimbursement amount for the eligible meals.

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable.

  • Adjustments to Required Subordinated Percentages and Amount (a) On any date, the Issuer may, at the direction of the Beneficiary, change the Required Subordinated Percentage of Class B Notes, the Required Subordinated Percentage of Class C Notes or the Required Subordinated Percentage of Class D Notes, in each case for the Class A(2016-4) Notes, without the consent of any Noteholders; provided that the Issuer has received written confirmation from each applicable Note Rating Agency that the change in such percentage will not result in a Ratings Effect for any Tranche of Outstanding DiscoverSeries Notes. (b) On any date, the Issuer may, at the direction of the Beneficiary, replace all or a portion of the Required Subordinated Amount of Class B Notes, the Required Subordinated Amount of Class C Notes or the Required Subordinated Amount of Class D Notes, in each case for the Class A(2016-4) Notes with a different form of credit enhancement (including, without limitation, a cash collateral account, a letter of credit, a reserve account, a surety bond, an insurance policy or a collateral interest, or any combination thereof) and may add such definitions and other terms and make such additional amendments to this Terms Document as shall be necessary for such replacement without the consent of any Noteholders, provided that the Issuer has received written confirmation from each applicable Note Rating Agency that such replacement and such other amendments will not result in a Ratings Effect for any Tranche of Outstanding DiscoverSeries Notes.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!