Manager’s Fee. As compensation for providing management, administrative and investment management services to the Trust pursuant to this Trust Agreement and the Management Agreement, the Manager shall be entitled to receive a monthly management fee (the “Management Fee”) plus any applicable federal and provincial taxes, which shall be paid by the Trust at such times and in the amount specified in the Management Agreement.
Manager’s Fee. The Manager shall be entitled to receive from each Fund for its overall direction a management fee equal to or up to the annual percentage rate set out opposite the name of that Fund in Schedule “A” hereto of the Series Net Asset Value of the applicable series of Units of the Fund at the end of the relevant period or of the average of such Series Net Asset Value during the relevant period, calculated and paid either monthly or quarterly or at such other times as the Manager and the Trustee may agree upon, from time to time, unless the fee is billed by the Manager directly to the Unitholder. However, no management fee shall be payable, and the Manager shall ensure that it does not charge a management fee, in respect of a Fund on that portion of that Fund’s net assets that are invested in units or shares of another mutual fund in which a fee is paid to the Manager. The Manager may from time to time waive any portion of the fees otherwise payable to it hereunder, but no such waiver shall affect its right to receive fees subsequently accruing hereunder.
Manager’s Fee. Manager shall be paid a fee for performing Services (the “Project Fee”) in accordance with Exhibit C attached hereto, based upon the schedule and the estimated total project costs of the Project as set forth in the Project Authorization.
Manager’s Fee. As a fee to the Manager for performing its duties and obligations hereunder, and in order to reimburse the Manager for the "overhead", administrative and other costs which are incurred by the Manager attributable to the management and operation of the Kami Project in accordance with its duties hereunder (such as general administration, accounting, computer or general management costs), the Manager shall be entitled to receive, after the date upon which Alderon transfers and assigns to the Partnership legal and beneficial title to the Kami Property, from the Owner, and the Owner shall pay a manager’s fee (the “Manager’s Fee”) calculated and payable in accordance with the provisions of Schedule “A” hereto, plus all exigible taxes required by law to be paid by the Owner.
Manager’s Fee. It is the intent of the parties that the Manager's fee shall fully compensate PKS for its "off job" costs of managing Xxxxxx Coal, which costs are not otherwise borne by Xxxxxx Coal, but without profit in addition thereto. PKS agrees to design an accounting method to determine its reasonable "off-job" costs of managing the Venture. Any allocations of PKS costs shall be made pursuant to the theory that such costs should be allocated to the Venture in relation to the administrative burden placed upon PKS by the Venture. The Management Committee shall be given a full explanation of the method of determining costs and said method shall be agreeable to the Management Committee. Western, its representatives, accountants, consultants and counsel shall be given access to all reasonably necessary accounting records of PKS for the purpose of analyzing the costs to PKS of managing Xxxxxx Coal. During the term of this Agreement or until PKS resigns or is removed as Manager, PKS shall receive a management fee as follows:
(a) From September 1, 1970 to the date of first commercial shipment (as hereafter defined), $40,000 per month. Within a reasonable time after the date of first commercial shipment such fee shall be adjusted upwards or downwards to equal the costs of managing the Venture during this period if such costs exceed, or are less than, the fee paid by 15% or more.
(b) From the date of first commercial shipment (as hereafter defined), for five years thereafter, 7% of the gross sales price of coal (FOB mine) mined and sold by the Venture, such fee to be paid quarterly. The percentage fee for the last two years of such five year period shall be subject to adjustment upward or downward to that percentage, rounded to the nearest full percentage point, which the total costs of managing the Venture for such five years are of the gross dollar volume of sales for such period; provided that no adjustment shall be made unless the difference between such percentage, before rounding, and 7% is at least 1.0%. Such adjusted fee as demonstrated on Exhibit 4 shall be credit or charged to the next quarterly fee payment or payments due after the determination of such adjustment.
(c) For each five year period thereafter, a fee to be based upon the relationship of the Manager's "off job" costs to gross dollar volume of sales for the immediately preceding five year period; provided however that said relationship may be adjusted for known past or future abnormal events. The "date of...
Manager’s Fee. During the remaining term of this agreement or until PKS resigns or is removed as manager, PKS shall receive a management fee to compensate it for its costs of managing Xxxxxx Coal, which costs are not otherwise borne by Xxxxxx Coal, as follows:
(a) For the calendar year 1974, an amount equal to six percent (6%) of the gross sales price of all coal (f.o.b. mine) sold and delivered by Xxxxxx Coal Company during said calendar year;
(b) For the calendar year 1975, an amount equal to five percent (5%) of the gross sales price of all coal (f.o.b. mine) sold and delivered by Xxxxxx Coal Company during said calendar year;
(c) For the calendar year 1976, an amount equal to three percent (3%) of the gross sales price of all coal (f.o.b. mine) sold and delivered by Xxxxxx Coal Company during said calendar year; and
(d) For the calendar year 1977 and for each succeeding calendar year thereafter, an amount equal to twelve cents (12¢) per ton of coal sold and delivered by Xxxxxx Coal Company during such calendar year; PROVIDED, HOWEVER, that such sums shall be subject to the following adjustment: At the beginning of each calendar quarter, the basic fee of twelve cents (12¢) per ton shall be increased or decreased, using December 31, 1973 as the base period date, as follows:
(i) Fifty percent (50%) of twelve cents (12¢) shall be multiplied by the percentage increase or decrease, from the base period date, in the quarterly average value as determined for such calendar quarter of the Consumer Price Index, All Items (1967 equals 100) of the U.S. Department of Labor's Bureau of Labor Statistics, and
(ii) Fifty percent (50%) of twelve cents (12¢) shall be multiplied by the percentage increase or decrease, from the base period date, in the quarterly average value as determined for such calendar quarter of Gross Hourly Earnings of Non-Supervisory Workers on Private Non-Agricultural Payrolls, as reported in the U.S. Department of Labor's Employment and Earnings Report (Total Private). The total sum derived by adding the product of (i) and (ii) shall be the adjustment in the basic fee. The increase or decrease in the basic fee as computed above shall be rounded to the nearest 1/10 of 1¢ per ton, or if there is no nearest 1/10, to the closest even 1/10 of 1¢ per ton. The quarterly average value of the Consumer Price Index and Gross Hourly Earnings shall be computed for each calendar quarter from the Monthly Bureau of Labor Statistics Consumer Price Index and the Monthly Departmen...
Manager’s Fee. Practice and Manager have exercised care and diligence in determining their respective best estimates of the expenses, investment and reasonable rate of return of Manager in providing the Services required by this Agreement and, based thereon, have determined that the compensation to be paid Manager as provided hereafter, is commensurate with the commercially reasonable value of such Services. Such compensation is set forth in Exhibit “B,” attached hereto and incorporated herein by reference.
Manager’s Fee. Manager shall receive basic fees as follows: 30% of gross rental proceeds for transient rentals 40% of summer program transient rentals; and 15% of long term rentals In addition, Manager shall be paid by the Owner for cost, overhead and margin resulting from occupancy by the Owner, or non-paying guests.
Manager’s Fee. Manager shall be entitled to one hundred percent of all revenue generated from or received by the Practice from the date of this Agreement. This fee shall be reduced by the payment of all expenses of the Practice, incurred after the date of this Agreement, which are approved by Manager.
Manager’s Fee a. In consideration for entering into this Agreement and as compensation for the services to be rendered by Manager hereunder, Talent hereby agrees to pay to Manager an amount equal to twenty (20%) percent of the gross monies or other considerations which Talent may receive which relate Talent’s Services. The foregoing compensation to Manager shall apply to all sums received during the Term of this Agreement and to all receipts accruing or received after the termination of this Agreement relating to contracts performed, entered into, or negotiated during the Term of this Agreement with respect to Talent´s Services, regardless of whether such contracts were negotiated, extended or renewed after the termination of this Agreement and regardless of whether Talent’s Services were negotiated before but performed after the termination of this Agreement, including, but not limited to, salaries, fees, earnings, royalties, residuals, proceeds, buyouts, bonuses, prizes, contest money and other consideration.
b. Manager shall satisfy its claims therefrom in accordance with this Agreement and shall pay amounts due to Talent, if any, pursuant to its normal business practices.
c. Talent is aware that Manager is also entitled to receive a service charge (a “Service Charge”) from some and/or all of the Clients who may utilize Talent’s Services. Talent agrees that this Service Charge shall constitute additional consideration for Manager and shall be an additional inducement for Manager to act on Talent’s behalf and shall not reduce the compensation payable by Talent to Manager hereunder.
