Payment of Monitoring Agency Fees Sample Clauses

Payment of Monitoring Agency Fees. The details of the fees agreed between CARE Ratings Limited and the Company in relation to the monitoring of the Issue Proceeds of the Issue are contracted in a separate letter dated March 7, 2024.
Sample 1
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Payment of Monitoring Agency Fees. The Parties have agreed that the Company shall pay a non-refundable fee of ₹ 3,50,000 plus GST (at the applicable rate in force), on a quarterly basis to CARE, in advance i.e., before the submission of the quarterly report by CARE on status on utilization of Funds raised under the Issue, till the 100% of the Net Proceeds are utilized. The Company shall make the payment and other incidental expenses, if any, within the agreed timelines, as stated aforesaid.
Sample 1
Payment of Monitoring Agency Fees. The consideration will be mutually decided by the parties to the Agreement for acting as the monitoring agency, the Monitoring agency fees shall be paid by the Company as per the fee letter dated bearing reference no. as mutually agreed between the Monitoring Agency and the Company.
Sample 1
Payment of Monitoring Agency Fees. (a) In consideration of ICICI Bank Limited acting as the Monitoring Agency, the Company shall pay to the Monitoring Agency an amount as mutually agreed between the Monitoring Agency and the Company. (b) All payments by the Company to the Monitoring Agency under this Agreement shall be made on receipt of suitable invoices for accounting and statutory purposes. Such invoices shall also be valid and in compliance with all the statutory rules or guidelines in relation to tax laws and / or other regulatory requirements etc. for the time being in force. (c) All amounts payable under this Agreement by the Company to the Monitoring Agency shall be in accordance with the Applicable Laws and subject to deduction of applicable taxes, if any, as per the rates specified under the Income Tax Act, 1961. The Company shall, in turn, provides the necessary supporting documents evidencing such deduction and deposit. (d) The Company shall reimburse the Monitoring Agency for all reasonable costs, charges and expenses incurred by it in relation to the services provided by it under this Agreement, which will be billed separately as incurred. Original bills will be required to be submitted while claiming reimbursement of the aforementioned expenses. (e) All amounts required to be paid herein shall be inclusive of all taxes except goods and service tax, if any. Notwithstanding anything to the contrary contained hereinabove, the Monitoring Agency shall not incur any out of pocket costs, expenses and/or charges without the prior written consent of the Company.
Sample 1
Payment of Monitoring Agency Fees. The Parties have agreed that the Company shall pay a non-refundable fee of Rs. 125000/- plus GST (at the applicable rate in force) for the first four quarters and Rs. 100000/- plus GST (at the applicable rates in force) for the subsequent quarters. The said fee shall be paid as follows: The above-mentioned fees shall be payable on a quarterly basis to CARE, in advance i.e. before the submission of the quarterly report by CARE on status on utilization of Funds raised under the Offer. The Company shall make the payment and other incidental expenses, if any, within the agreed timelines, as stated aforesaid.
Sample 1

Related to Payment of Monitoring Agency Fees

  • Payment of Extraordinary Education Related Expenses Section 5.1. PAYMENT OF EXTRAORDINARY EDUCATION-RELATED EXPENSES. In addition to the amounts determined pursuant to Articles IV and VI of this Agreement, Applicant on an annual basis shall also indemnify and reimburse District for all non-reimbursed costs, certified by the District’s external auditor to have been incurred by the District for extraordinary education-related expenses directly and solely related to the project that are not directly funded in state aid formulas, including expenses for the purchase of portable classrooms and the hiring of additional personnel to accommodate a temporary increase in student enrollment caused directly by such project. Applicant shall have the right to contest the findings of the District’s external auditor pursuant to Section 4.9 above.

  • Contract Monitoring The criminal background checks required by this rule shall be national in scope, and must be conducted at least once every three (3) years. Contractor shall make the criminal background checks required by Paragraph IV.G.1 available for inspection and copying by DRS personnel upon request of DRS.

  • Rating Agency Fees The Depositor shall pay (or cause to be paid) the annual fees of each Rating Agency including, but not limited to, surveillance fees.

  • Engineer Payment of Subproviders No later than ten (10) days after receiving payment from the State, the Engineer shall pay all subproviders for work performed under a subcontract authorized hereunder. The State may withhold all payments that have or may become due if the Engineer fails to comply with the ten-day payment requirement. The State may also suspend the work under this contract or any work authorization until subproviders are paid. This requirement also applies to all lower tier subproviders, and this provision must be incorporated into all subcontracts.

  • Agency Fees Borrower shall pay to the Administrative Agent an agency fee in such amounts and at such times as heretofore agreed upon by letter agreement between Borrower and the Administrative Agent. The agency fee is for the services to be performed by the Administrative Agent in acting as Administrative Agent and is fully earned on the date paid. The agency fee paid to the Administrative Agent is solely for its own account and is nonrefundable.

  • Monitoring Arrangements 8.1 We will formally monitor the progress of the access agreement at least once a year and report annually to the SCITT Management Group. Initial monitoring will be concerned with participation rates and the development of data on lower income and other under-represented groups. When specific data is accrued, we will look to monitor against this. 8.2 Our annual report to the SCITT Management Group will form the basis of our monitoring report to OFFA.

  • Program Monitoring and Evaluation The Recipient shall prepare, or cause to be prepared, and furnish to the Association not later than six months after the Closing Date, a report of such scope and in such detail as the Association shall reasonably request, on the execution of the Program, the performance by the Recipient and the Association of their respective obligations under the Legal Agreements and the accomplishment of the purposes of the Financing.”

  • Collateral Monitoring Fee Borrowers shall pay to Agent on the first day of each month following any month in which Agent performs any collateral monitoring - namely any field examination, collateral analysis or other business analysis, the need for which is to be determined by Agent and which monitoring is undertaken by Agent or for Agent’s benefit - a collateral monitoring fee in an amount equal to $850 per day for each person employed to perform such monitoring, plus all costs and disbursements incurred by Agent in the performance of such examination or analysis.

  • Master Servicer to Pay Custodian's Fees and Expenses The Master Servicer covenants and agrees to pay to the Custodian from time to time, and the Custodian shall be entitled to, reasonable compensation for all services rendered by it in the exercise and performance of any of the powers and duties hereunder of the Custodian, and the Master Servicer will pay or reimburse the Custodian upon its request for all reasonable expenses, disbursements and advances incurred or made by the Custodian in accordance with any of the provisions of this Agreement (including the reasonable compensation and the expenses and disbursements of its counsel and of all persons not regularly in its employ), except any such expense, disbursement or advance as may arise from its negligence or bad faith.

  • The Servicer to Pay Trustees’ Fees and Expenses Subject to separate written agreements with the Trustee and the Delaware Trustee, the Servicer covenants and agrees to, and the Servicer shall, pay each of the Trustee and the Delaware Trustee from time to time, and such trustee shall be entitled to payment, for all services rendered by it in the execution of the trust hereby created and in the exercise and performance of any of the powers and duties hereunder of such trustee. Except as otherwise expressly provided herein, the Servicer shall pay or reimburse each of the Trustee and the Delaware Trustee upon such trustee’s request for all reasonable expenses and disbursements incurred or made by such trustee in accordance with any of the provisions of this Agreement, including any such expenses incurred or made in connection with a transfer of servicing, and shall indemnify the institution acting as such trustee, both in its individual capacity and as trustee, from any loss, liability or expense incurred by it hereunder (including the reasonable compensation and the expenses and disbursements of its counsel and of all persons not regularly in its employ and any expenses which arise out of or are imposed upon the Trustee or the Delaware Trustee in connection with the creation, operation or termination of the Trust) except any such expense or disbursement as may arise from its own negligence or bad faith. Such obligation shall survive the termination of this Agreement or resignation or removal of the Trustee or the Delaware Trustee. The Servicer shall, at its expense, prepare or cause to be prepared all federal and state income tax and franchise tax and information returns relating to REMIC I, REMIC II or REMIC III required to be prepared or filed by the Trustee or the Delaware Trustee and shall indemnify the Trustee and the Delaware Trustee for any liability of such trustees arising from any error in such returns.

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