PAYMENT OF BASE FEES Sample Clauses

PAYMENT OF BASE FEES. The Parties agree that the Base Fees, calculated as set forth below in this Section 3.1(b), shall be payable by the BCH Companies for the Services at the end of each month (based on an invoice which is to be provided by Certen at the beginning of such month) from the Amendment Effective Date until the end of the 2010 Operational Year as follows: (i) With respect to the first month of the 2003 Operational Year, the Base Fees shall equal (A) $[**], plus (B) [**]. (ii) With respect to the second and each subsequent month of the 2003 Operational Year, the Base Fees shall equal (A) $[**], plus (B) [**]. (iii) With respect to January 2004, the Base Fees shall equal (A) $[**], plus (B) [**]. (iv) With respect to February 2004, the Base Fees shall equal (A) $[**], plus (B) [**]. (v) With respect to March 2004 and each subsequent month in the 2004 Operational Year, the Base Fees shall equal (A) $[**], plus (B) [**] plus (or minus, as applicable) (C) [**]. (vi) With respect to January 2005, the Base Fees shall equal (A) $[**], plus (B) [**], plus (or minus, as applicable) (C) [**]. (vii) With respect to February 2005 and each successive month of each Operational Year up to and including the 2007 Operational Year, the Base Fees for each month of such Operational Year shall equal (A) $[**], plus (B) [**] plus (or minus, as applicable) (C) [**]. (viii) With respect to January 2008, the Base Fees shall equal (A) [**], plus (B) [**], plus (or minus, as applicable) (C) [**]. (ix) With respect to February 2008 and each successive month of the 2008 Operational Year, the Base Fees shall equal (A) [**], plus (B) [**], plus (or minus, as applicable) (C) [**]. (x) With respect to January 2009, the Base Fees shall equal (A) [**], plus (B) [**], plus (or minus, as applicable) (C) [**], plus (or minus, as applicable) (D) [**]. (xi) With respect to February 2009 and each successive month of the 2009 Operational Year, the Base Fees shall equal (A) [**], plus (B) [**], plus (or minus, as applicable) (C) [**]. (xii) With respect to January 2010, the Base Fees shall equal (A) [**], plus (B) [**], plus (or minus, as applicable) (C) [**]. (xiii) With respect to February 2010 and each successive month of the 2010 Operational Year, the Base Fees shall equal (A) [**] plus (B) [**], plus (or minus, as applicable) (C) [**]. (xiv) With respect to January 2011 the Base Fees shall equal the product of [**].
Sample 1

Related to PAYMENT OF BASE FEES

  • Payment of Base Rent Tenant agrees to pay the Base Rent for the Premises. Monthly Installments of Base Rent shall be payable in advance on the first day of each calendar month of the Term. If the Term begins (or ends) on other than the first (or last) day of a calendar month, the Base Rent for the partial month shall be prorated on a per diem basis. Tenant shall pay Landlord the first Monthly Installment of Base Rent when Tenant executes the Lease.

  • Payment of Bills Except as otherwise indicated herein or on the Service Order(s), Comcast will invoice Customer in advance on a monthly basis for all monthly recurring Service charges and fees arising under the Agreement. All other charges will be billed monthly in arrears. Customer shall make payment to Comcast for all invoiced amounts within thirty (30) days after the date of the invoice. Any amounts not paid to Comcast within such period will be considered past due. If a Service Commencement Date is not the first day of a billing period, Xxxxxxxx’s next monthly invoice shall include a prorated charge for the Services, from the date of installation to the first day of the new billing. In certain cases, Comcast may agree to provide billing services on behalf of third parties, as the agent of the third party. Any such third-party charges shall be payable pursuant to any contract or other arrangement between Customer and the third party. Comcast shall not be responsible for any dispute regarding these charges between Xxxxxxxx and such third party. Customer must address all such disputes directly with the third party.

  • Monthly Fees ACS will xxxx Customer each month during the term of this Agreement based on number of "Actions" which occurred during the prior month. The definition of "Actions" and fees for each Action will be documented in each Task Order. Customer shall cause ACS to be paid the foregoing fees on a monthly basis within thirty (30) days of ACS' delivery of an invoice for the preceding month's Actions.

  • Payment of Benefit The Company shall pay the annual benefit to the Executive in 12 equal monthly installments commencing with the month following the Executive’s Normal Retirement Date, paying the annual benefit to the Executive for a period of 15 years.

  • Progress Payments; Retainage A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the first day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below, provided that such Applications for Payment have been submitted in a timely manner and otherwise meet the requirements of the Contract. All such payments will be measured by the Schedule of Values established as provided in the General Conditions (and in the case of Unit Price Work based on the number of units completed) or, in the event there is no Schedule of Values, as provided elsewhere in the Contract. 1. Prior to Substantial Completion, progress payments will be made in an amount equal to the percentage indicated below but, in each case, less the aggregate of payments previously made and less such amounts as Owner may withhold, including but not limited to liquidated damages, in accordance with the Contract a. 95 percent of Work completed (with the balance being retainage). If the Work has been 50 percent completed as determined by Engineer, and if the character and progress of the Work have been satisfactory to Owner and Engineer, then as long as the character and progress of the Work remain satisfactory to Owner and Engineer, there will be no additional retainage; and

  • Annual Fees The annual rental fee of a standard individual 12 x 14 plot is $40 per plot. Please note this rental fee is non-refundable and must be paid at the time of application. This fee is used to offset expenses associated with the Garden. Please make checks payable to Xxxxxx Township Recreation.

  • Payment of GST Payment of the additional amount will be made at the same time as payment for the supply is required to be made under this Contract.

  • Payment of Charges (a) Subject to Section 5.2(b), each Credit Party shall pay and discharge or cause to be paid and discharged promptly all Charges payable by it, including (i) Charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all Charges with respect to tax, social security and unemployment withholding with respect to its employees, (ii) lawful claims for labor, materials, supplies and services or otherwise, and (iii) all storage or rental charges payable to warehousemen and bailees, in each case, before any thereof shall become past due. (b) Each Credit Party may in good faith contest, by appropriate proceedings, the validity or amount of any Charges, Taxes or claims described in Section 5.2(a); provided, that (i) adequate reserves with respect to such contest are maintained on the books of such Credit Party, in accordance with GAAP; (ii) no Lien shall be imposed to secure payment of such Charges (other than payments to warehousemen and/or bailees) that is superior to any of the Liens securing payment of the Obligations and such contest is maintained and prosecuted continuously and with diligence and operates to suspend collection or enforcement of such Charges, (iii) none of the Collateral becomes subject to forfeiture or loss as a result of such contest, (iv) such Credit Party shall promptly pay or discharge such contested Charges, Taxes or claims and all additional charges, interest, penalties and expenses, if any, and shall deliver to Agent evidence reasonably acceptable to Agent of such compliance, payment or discharge, if such contest is terminated or discontinued adversely to such Credit Party or the conditions set forth in this Section 5.2(b) are no longer met, and (v) Agent has not advised Borrower in writing that Agent reasonably believes that nonpayment or nondischarge thereof could have or result in a Material Adverse Effect.

  • Payment of All Fees The Company shall have paid the required Commission filing fees relating to the Shares within the time period required by Rule 456(b)(1)(i) of the Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) of the Act and, if applicable, shall have updated the “Calculation of Registration Fee” table in accordance with Rule 456(b)(1)(ii) either in a post-effective amendment to the Registration Statement or on the cover page of a prospectus filed pursuant to Rule 424(b).

  • Payment of Benefits All or part of the contract benefits may be paid under one or more of the following: - a variable payment plan; - a fixed payment plan; or - in cash. The provisions and rate for variable and fixed payment plans are described in Section 11. Contract benefits may not be placed under a payment plan unless the plan would provide to each beneficiary a monthly income the initial amount of which is at least the minimum payment amount shown on page 4. A Withdrawal Charge will be deducted from contract benefits before their payment under certain conditions described in Section 7.3.