PAYMENT OF FIXED FEE Sample Clauses

PAYMENT OF FIXED FEE. The fixed fee specified herein will be paid in installments at the time of each provisional payment on account of the allowable costs. The amount of fixed fee paid will be based upon the ratio the Subcontractor's incurred allowable costs bear to the total estimated cost. In the event the work cannot be completed within the estimated cost, the Contractor may increase the estimated cost without increasing the fixed fee.
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PAYMENT OF FIXED FEE. In accordance with 52.216-8, the amount of fee payment will be based upon the approved fee schedule of the contract. The fee schedule shall include a reserve withholding of not to exceed 15 percent of the total fixed fee or $100,000, whichever is less. The total amount of fixed fee earned under the contract upon its expiration shall be 100% of the fixed fee set forth in the schedule; provided, however, that the level of effort delivered under the contract equals or exceeds 90% of the specified level of effort to be delivered under the contract. If the level of effort delivered under the contract is less than 90% of the specified level of effort to be delivered under the contract then the total amount of fixed fee earned shall be a prorated amount derived by dividing the level of effort received by the specified level of effort to be delivered under the contract, and multiplying the result by the total fixed fee set forth in the schedule. (End of clause)
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PAYMENT OF FIXED FEE. The fixed fee for work performed under this contract iEs x (b)(p4r)ovided that the total man-hours of engineering and technical analysis and support services are so employed on such work by the contractor. The Government shall make payment, on account of the fixed fee, at the rate of base year Ex (b)(4h) r, option year one Ex (b)(4h)r, option year twoEx (b)(4h) r, option year threeEx (b)(4h) r and option year four Ex (b)(4h)our per direct labor hour invoiced by the contractor under the clauses entitled, "Allowable Cost and Payment" and "Fixed Fee”, provided that the total of all such payments shall not exceed eighty-five percent (85%) of the fixed fee specified under each applicable Delivery Order. If substantially less than the total man-hours of said services are so employed for such work, the fixed fee shall be equitably reduced to reflect the reduction of work. Any balance of fixed fee shall be paid the contractor, or any overpayment of fixed fee for direct labor hours provided shall be repaid by the contractor or otherwise credited to the Government, at the time of final payment. The hourly rate does not include consultant hours listed in clause 5252.211-9503 above. The contractor proposed fee on direct labor hours only. Section C - Descriptions and Specifications
Sample 1
PAYMENT OF FIXED FEE. The fixed fee for work performed under this contract is $_____TBD____ provided 47,580 hours of effort are employed by the contractor in performance of this contract. If substantially fewer than 47,580 hours of said services are so employed, the fixed fee shall be equitably reduced to reflect the reduction of work. The Government shall make periodic payments of the fixed fee at the rate of $ TBD__ per direct labor hour invoiced by the contractor. All payments shall be in accordance with the provisions of Acquisition Management System (AMS) clauses 3.2.4-6 Fixed Fee and 3.
Sample 1
PAYMENT OF FIXED FEE. IDIQ (DEC 1998) (a) The fixed fee specified in Section B of this contract represents the maximum fee that shall be paid under this contract. This fee shall be paid, subject to any adjustment required by other provisions of this contract, in installments at the time of each provisional payment for reimbursement of allowable cost. This clause addresses payment of fixed fee for both term and completion form delivery orders. (b) A fixed fee shall be established for each delivery order issued under this contract. The fixed fee established shall be in direct ratio to the total contract fixed fee as the level of effort (direct man-hours) established in the delivery order is to the total contract level of effort (direct man-hours). The amount of each installment payment of fixed fee shall be in direct ratio of the total contract fixed fee as the net direct labor hours expended during the period is to the total contract level of effort (direct man-hours). DTRT57-05-R-20120
Sample 1
PAYMENT OF FIXED FEE. Payment of fixed fee will be made upon receipt of a proper invoice and shall directly correspond to the percentage of allowable costs being paid. In accordance with FAR 52-216-8, Fixed Fee, the CO will withhold 15% of the total fee or $100,000, whichever is less until the required awards conditions under the referenced clause have been met.
Sample 1
PAYMENT OF FIXED FEE. The fixed fee specified herein, subject to any adjustments required by other provisions of this Undefinitized Project Agreement will be paid in installments at the time of each provisional payment on account of the allowable costs. The amount of fixed fee paid will be based upon the ratio that the Project Agreement Holder's incurred allowable costs bear to the total estimated cost. In the event the work cannot be completed within the estimated cost, the MCDC CMF may increase the estimated cost without increasing the fixed fee. ​
Sample 1
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PAYMENT OF FIXED FEE. The fixed fee specified herein, subject to any adjustments required by other provisions of this Subcontract, and subject to the provisions for withholding of a portion of the fee as set forth in the General Provisions clause FAR 52.216‐08 entitled “Fixed Fee,” will be paid in installments at the time of each provisional payment on account of the allowable costs. The amount of fixed fee paid will be based upon the ratio that the Subcontractor's incurred allowable costs bear to the total estimated cost, subject to the withholding. In the event the work cannot be completed within the estimated cost, the Contractor may increase the estimated cost without increasing the fixed fee.
Sample 1
PAYMENT OF FIXED FEE. USAID will pay a proportion of the contractor’s fixed fee each month pursuant to FAR § 52.216- 8, “Fixed Fee,” upon the receipt of an invoice deemed proper by the Office Financial Management (OFM) located in USAID/Ukraine. Payment of fixed fee shall be made according to the following formula: From the agreed upon total fixed fee, $100,000 will be withheld for final settlement. The remainder will be divided by the number of months in the award (est. 60) and paid in equal installments when invoiced. Payment of withheld fee amounts shall be paid in accordance with FAR 52.216-8.
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Related to PAYMENT OF FIXED FEE

  • Payment of Fee The cash management fee referred to in Clause 9.1 (Fee Payable) shall only be payable to the Current Issuer Cash Manager on each Payment Date in the manner contemplated by, in accordance with and subject to the provisions of the Current Issuer Pre-Enforcement Revenue Priority of Payments or, as the case may be, the Current Issuer Post-Enforcement Priority of Payments.

  • Fixed Fee If “fixed fee” is the basis of compensation, then the Consultant must complete the task(s) for the amount set forth in Column 4. Any hours worked for which payment would result in a total exceeding the amount in Column 4 are at no cost to the City.

  • Payment of Fees, Etc The Borrowers shall have paid all fees, costs, expenses and taxes then payable by the Borrowers pursuant to this Agreement and the other Loan Documents, including, without limitation, Section 2.06 and Section 12.04 hereof.

  • Payment of Fees All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the Issuing Lender, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Lenders entitled thereto. Fees paid shall not be refundable under any circumstances.

  • Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment Whether or not any Loans are outstanding, extend the Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan or reduce the Commitment Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

  • 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 Note Mortgagor will pay all principal, interest, and other sums payable under the Note, on the date when such payments are due, without notice or demand.

  • PAYMENT OF REFERRAL FEE For each Referred Client, Recipient Broker/Agent shall pay Xxxx.xxx 35% of the gross compensation earned on the referred side in connection with the sale and purchase of real property by such Referred Client if closing occurs within 18 months after the date Xxxx.xxx identified via the monthly report, agent portal and/or placed such Referred Client to Recipient Agent, and the property closed with Recipient Agent (a “Referral Fee”). In the event Recipient Broker/Agent provides the Referred Clients information to another Agent in the brokerage and the Referred Client closes with that Agent, a Referral Fee will be due and that agent shall also be considered a Recipient Agent for the purposes of this Agreement. In the event the Recipient Broker/Agent is an active client of XXXX.xxx’s “Guaranteed Display” featured agent program at the time of the property closing, the applicable referral will be 30%. Recipient Broker/Agent shall either (i) direct the escrow/closing agent to pay the Referral Fee to Xxxx.xxx at closing or (ii) pay the Referral Fee directly to Xxxx.xxx within 15 calendar days of closing.

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Non-Payment of Fees Timely payment of fees owing under this Section 5 is a material condition of performance under this Agreement. In the event that Registrar fails to pay its fees within five (5) days of the date when due, Verisign may: (i) stop accepting new initial or renewal registrations from Registrar; (ii) delete the domain names associated with invoices not paid in full from the Registry database; (iii) give written notice of termination of this Agreement pursuant to Section 6.1(b) below; and (iv) pursue any other remedy under this Agreement.

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