Partial fee approved Sample Clauses

Partial fee approved. In the event that OUF participates or assists in the review, or if the holder or type of property is not generally approved at the “regular fee” rate, OUF may, at its option, approve a partial fee. OUF will rely on its knowledge of the costs of performing the type of holder review or compliance audit being recommended, versus the expected value of assets to be identified in determining whether OUF will only approve the performance of a specific compliance audit at a partial fee rate. OUF’s determination of a fee rate it deems reasonable under the circumstances for a particular proposed engagement will be based on information from the Contractor, as well as OUF’s experience performing compliance audits and managing compliance audit contractors.
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Related to Partial fee approved

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