Payment of Floating Fee Sample Clauses

Payment of Floating Fee. Payment of floating fee shall be made on a yearly basis. Party A shall review and evaluate the investment status of the entrusted assets and related services provided by Party B for the previous year, and determine the rate of the floating fee for that year based on the performance score given in connection with such review. Such rate shall be the performance score divided by 100, and the yearly floating fee shall be the ten percent of the fixed rate fee for that year multiplied by the aforesaid rate. Payment of floating fee shall be made within 30 days after Party A has completed such performance review.
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Payment of Floating Fee. Payment of floating fee shall be made on a yearly basis. Party A shall review and evaluate the investment status of the Entrusted Assets and related services provided by Party B for the current year, and determine the rate of the floating fee for that year based on the performance score given in connection with such review. Payment ratio for the floating management fee for the current year shall equal to the result of a formula: (performance score–60)÷40. Floating management fee for the current year equals to the product of the base and the abovesaid ratio. If such product is a positive value, payment shall be done before September 1 of the following year; If such product is a negative value, amounts corresponding to such value shall be deducted from the fixed management fee payable in the following year.
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Related to Payment of Floating 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.

  • Ticking Fee The Borrower shall pay to the Administrative Agent for the account of each Term B Lender in accordance with its Applicable Term B Percentage, a ticking fee (the “Ticking Fee”)

  • 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.

  • Late Payment Fee If your account is subject to a Late Payment Fee, the fee will be charged to your account when you do not make the required minimum payment by or within the number of days of the statement Payment Due Date set forth on the Disclosure accompanying this Agreement.

  • Payment of accrued interest In the case of an Interest Period longer than 3 months, accrued interest shall be paid every 3 months during that Interest Period and on the last day of that Interest Period.

  • Deemed Payment of Principal and Interest; Settlement of Accrued Interest Notwithstanding Conversion If a Holder converts a Note, then the Company will not adjust the Conversion Rate to account for any accrued and unpaid interest on such Note, and, except as provided in Section 5.02(D), the Company’s delivery of the Conversion Consideration due in respect of such conversion will be deemed to fully satisfy and discharge the Company’s obligation to pay the principal of, and accrued and unpaid interest, if any, on, such Note to, but excluding the Conversion Date. As a result, except as provided in Section 5.02(D), any accrued and unpaid interest on a converted Note will be deemed to be paid in full rather than cancelled, extinguished or forfeited. In addition, subject to Section 5.02(D), if the Conversion Consideration for a Note consists of both cash and shares of Common Stock, then accrued and unpaid interest that is deemed to be paid therewith will be deemed to be paid first out of such cash.

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

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