Operator’s Compensation. For the Terminal Services performed hereunder, the Operator shall receive the following compensation from the Customer:
Operator’s Compensation. 3.01 For purposes of this Article, the term “Project Revenues” shall have the meaning and be defined as said term is defined and used in the Sublease.
Operator’s Compensation. Notwithstanding the obligation of the Operator to pay the Annual License Fee in twelve equal Monthly Installments as required by Section 7.01 hereof, the Operator may retain as its compensation the fees derived from duly executed Facility License Agreements in the form attached hereto as Exhibit C. These fees collected from Licensees for access to the Facility (“Bus Egress Fees”), parking fees collected from vehicles entering the parking lot (“Parking Fees”), and other fees collected from the use of vending machines shall collectively be known as the “Operator’s Compensation.” The Bus Egress Fees and the Parking Fees that the Operator is authorized to charge are set forth in Section III of the RFP, attached hereto as Exhibit A. In no event will Operator increase the Bus Egress Fee, Parking Fees or vending prices without Authority’s prior written consent, which may be withheld in the Authority’s sole discretion. If the Authority agrees to increase the Operator’s Compensation at the Facility, the Annual License Fee payable by the Operator to the Authority shall be subject to a comparable increase over and above the previous year’s license fee and will be effective the first day of the month that such increased Operator’s Compensation takes effect. By way of example, only, if the Operator’s Compensation increases by three (3%) percent, then the Annual License Fee due from Operator to the Authority for that same period will also increase by three (3%) percent. The increased Monthly Installment shall be paid by the Operator to the Authority in accordance with the payment terms and as outlined in Section 7.01.
Operator’s Compensation. In addition to the Reimbursement allowable to Operator pursuant to the terms of Section 9.1 above, district shall allow Operator, on a monthly basis, as compensation to Operator for the month, the greater of the amount of Operator’s Percentage Compensation for the month, calculated in accordance with the terms of this Article 9, and Exhibit F (the monthly amount in effect for the First Contract Year) one – twelfth of the amount of Operator’s Fixed Compensation for the each succeeding Contract Year.
Operator’s Compensation. Operator’s Fixed Compensation Operator’s Percentage Compensation $ Gross Receipts $ Less Adjustments $ Adjusted Gross Receipts $ Less Reimbursements $ Net Operating Revenue $ Plus Amortization Payment $ Amount Subject to Operator’s $ Percentage Fee Operator’s Compensation at % of Above Amount $ Operator’s Compensation $ (Greater of Fixed Compensation or Percentage Compensation) NET REVENUE TO DISTRICT $ EXHIBIT “E” First 1/2 Hr Each Add'l 1/2 Hour 24 Hour Maximum Weekly Maximum Garage
Operator’s Compensation. 3.01 Compensation of the Operator shall be on a per diem/per inmate basis (actual occupancy) from all sources.
Operator’s Compensation. 5.1 Operator shall provide, through collection of tuition, all expenses incurred by Operator in the operation of the Childcare Center which are contained in the budget submitted by Operator and approved by LAWA, which is attached hereto and incorporated herein by reference as Exhibit C (hereinafter referred to as “Operating Costs”). Operating Costs shall include, but not be limited to, the following line items:
Operator’s Compensation. As compensation for the Services performed hereunder, each Month Customer shall pay Operator the following:
Operator’s Compensation. (a) For its management and supervisory services (other than with respect to the Company's marketing activities), the Company shall pay the Operator a fee, monthly in arrears, equal to 3% of all amounts spent by the Company or the Operator (without duplication) in connection with all activities relating to the Project to the extent such costs (i) represent direct operating costs that could not be capitalized in accordance with accounting principles generally accepted in the United States, whether or not they are capitalized in accordance with those principles, or (ii) are allocable to exploration, development drilling or pre-production mining and stripping, whether or not they are or could be capitalized in accordance with those principles, provided that in the event that a contractor performs mining and stripping, the Company shall pay the Operator, with respect to such work, a fee, monthly in arrears, equal to 2% of the cost of such work. Building, plant and equipment lease costs shall not be subject to the 3% fee if the cost of the building, plant and equipment could be capitalized in accordance with such principles if they were purchased outright. Costs associated with the acquisition of, or the payment of lease, royalty or similar payments for, land, mining claims, concessions or related rights shall not be subject to the 3% fee. Except as set forth in this Section 3.5(a), it is the intent of this Agreement that the Operator not be paid a 3% fee on any capital expenditures.
Operator’s Compensation
