Partnership Fee Clause Samples

The Partnership Fee clause defines the financial obligation one party has to pay a specified fee to the other party as part of their partnership arrangement. This clause typically outlines the amount, frequency, and method of payment, and may specify whether the fee is fixed, variable, or contingent on certain milestones or performance metrics. Its core practical function is to ensure both parties have a clear understanding of the financial terms of their partnership, thereby preventing disputes over payment expectations and supporting smooth financial operations.
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Partnership Fee. (a) The Partnership Fee for each year shall cover at least 15 preliminaries (including the online open preliminary) and the annual grand finale. Seven of these preliminaries are classified as Full Sponsorship Preliminaries, and eight are classified as Partial Sponsorship Preliminaries as defined in Section 3.1(d).
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Partnership Fee. Subject to the provisions of this agreement, the partners agrees to pay the recipient a fee of AGREED AMOUNT (The Fee) Outline of Payment Schedule Payment Amount Description Due Date AMOUNT ‘The Fee’ DATE Invoices will be issued by the Recipient, two weeks prior to the agreed payment date and sent to the following address: Name of Sponsor Contact Sponsor Address
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Partnership Fee. The Partner shall pay a partnership fee of 180 dollars (USD) upon signing this Agreement. The Partnership Fee shall be refunded to the Partner if the Agreement fails to materialize within 3 months of signing the Agreement.
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Partnership Fee. Subject to the provisions of this agreement, the partners agrees to pay the recipient a fee of AGREED AMOUNT (The Fee). The partnership fee shall be paid by the Partner to the Recipient on DATE and will be paid in instalments of £… thereafter in intervals of … months, as laid out in clause 3. Should the Partner fail to make this payment on the agreed date, they have a period of 14days in which to make the payment to the Recipient. If the payment is not made to the Partner within 14days, the Recipient reserves the right to claim the funds from the Partner and terminate the contract with immediate effect. Outline of Payment Schedule Payment Amount Description Due Date AMOUNT ‘The Fee’ DATE Invoices will be issued by the Recipient, 14days prior to the agreed payment date and sent to the following address: In return for the full payment of the ‘Fee’ the Recipient shall provide the Partner with the following benefits: The Recipient club will assist the partner with the promotion of its …… through the means of ….. . The Partner should provide all content and information to the recipient no less than 14days prior to the agreed publication date. Promotional material of the Partner shall be distributed at specific club run events throughout the length of this agreement…. This shall be achieved using ……. As promotional tools. The Partner’s logo shall be displayed on x-number of promotional material and electronic newsletters distributed to club members and on social media. These will be released on a basis of number/timeline. **Partner Dependant** The Partner will be granted the opportunity to host and speak at up to two club events over the course of the agreement. Neither the Recipient nor the Partner shall use language or action, on or offline to promote a negative image of the agreement to outside parties. The Partner understands and accepts that they are not the only Partners of the Recipient, and that their Partnership is subject to the terms of this agreement In exercising the said rights and licences, the Partner shall, subject to receiving appropriate invoices, pay the recipient the Partnership fee, when this is due for payment as set out in 3.1 As laid out in 4.1 the Recipient shall promote the Partner through email, social media and hard copy advertising with adverts of the Partner creation, so long as they are in keeping with the image of the Recipient and submitted to the Recipient by an agreed upon date in advance of the expected time of publication. T...
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Partnership Fee. Partner agrees to pay the Partnership Annual Fee upon receipt of the annual invoice sent by Viindoo. Rates are as shown in the table below: Partnership Level Partnership fee (USD/year) - Partner acknowledges that the above-mentioned Partnership fee is non-refundable.
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Partnership Fee 
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Related to Partnership Fee

  • Partnership Funds Pending application or distribution, the funds of the Partnership shall be deposited in such bank account or accounts, or invested in such interest-bearing or non-interest bearing investment, including, without limitation, checking and savings accounts, certificates of deposit and time or demand deposits in commercial banks, U.S. government securities and securities guaranteed by U.S. government agencies as shall be designed by the General Partner. Such funds shall not be commingled with funds of any other Person. Withdrawals therefrom shall be made upon such signatures as the General Partner may designate.

  • Operating Partnership Agreement The Operating Partnership Agreement, in substantially the form attached hereto as Exhibit B, shall have been executed and delivered by the partners of the Operating Partnership and shall be in full force and effect and, except as contemplated by Section 2.03 or the other Formation Transaction Documents, shall not have been amended or modified.

  • Partnership Expenses (a) All of the Partnership's expenses shall be billed directly to and paid by the Partnership to the extent practicable. Reimbursements to the General Partner, or any of its Affiliates, by the Partnership shall be allowed only for the Partnership's Cash Expenses unless the General Partner is obligated to pay the same as an Operating Deficit during the Operating Deficit Guarantee Period, and subject to the limitations on the reimbursement of such expenses set forth herein. For purposes of this Section, Cash Expenses shall include fees paid by the Partnership to the General Partner or any Affiliate of the General Partner permitted by this Agreement and the actual cost of goods, materials and administrative services used for or by the Partnership, whether incurred by the General Partner, an Affiliate of the General Partner or a nonaffiliated Person in performing the foregoing functions. As used in the preceding sentence, "actual cost of goods and materials" means the actual cost of goods and materials used for or by the Partnership and obtained from entities which are not Affiliates of the General Partner, and actual cost of administrative services means the pro rata cost of personnel (as if such persons were employees of the Partnership) associated therewith, but in no event to exceed the amount which would be charged by nonaffiliated Persons for comparable goods and services. (b) Reimbursement to the General Partner or any of its Affiliates of operating cash expenses pursuant to Subsection (a) hereof shall be subject to the following: (1) no such reimbursement shall be permitted for services for which the General Partner or any of its Affiliates is entitled to compensation by way of a separate fee; and (2) no such reimbursement shall be made for (A) rent or depreciation, utilities, capital equipment or other such administrative items, and (B) salaries, fringe benefits, travel expenses and other administrative items incurred or allocated to any "controlling person" of the General Partner or any Affiliate of the General Partner. For the purposes of this Section 9.9(b)(2), "controlling person" includes, but is not limited to, any Person, however titled, who performs functions for the General Partner or any Affiliate of the General Partner similar to those of: (i) chairman or member of the board of directors; (ii) executive management, such as president, vice president or senior vice president, corporate secretary or treasurer; (iii) senior management, such as the vice president of an operating division who reports directly to executive management; or (iv) those holding 5% or more equity interest in such General Partner or any such Affiliate of the General Partner or a person having the power to direct or cause the direction of such General Partner or any such Affiliate of the General Partner, whether through the ownership of voting securities, by contract or otherwise.

  • Partnership Name The name of the Partnership is “OZ Advisors II LP.” The name of the Partnership may be changed from time to time by the General Partner.

  • No Partnership, Etc The Lenders and Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement, the Notes or in any of the other Credit Facility Documents shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by or between the Lenders and Borrower or any other Person.