Payment of Monthly Fee Sample Clauses

Payment of Monthly Fee. Payments of the monthly fee to City shall be made payable to the “City of Santa Xxxxxx” and delivered to the office of the Economic Development Division, located at 0000 Xxxx Xxxxxx, Xxxxx X, Xxxxx Xxxxxx, XX 00000. If the monthly fee is not received by City within three days after it is due, then without any requirement of notice to Permittee, Permittee shall pay to City a late charge equal to 10% of the overdue amount. Acceptance of the late charge by City will not constitute a waiver of Permittee’s default with respect to the overdue amount, nor will it prevent City from exercising any of the other rights or remedies granted under this Agreement. In the event that a late charge is payable hereunder, whether or not collected, for three consecutive installments of the monthly fee, then the monthly fee will automatically become due and payable quarterly in advance, rather than monthly, notwithstanding any provision of this Agreement to the contrary. The late charge required by this paragraph will be deemed to be additional monthly fee under this Agreement.
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Payment of Monthly Fee. Commencing on the Occupancy Date, you will begin payment of the Total Monthly Fee (also referred to in this Contract as your Monthly Fee). The Monthly Fee shall be payable in advance on or before the first (1st) day of each month throughout the term of this Contract and will be deemed paid when received by us. The Monthly Fee for the first and last months of the Contract shall be prorated based upon the number of days in each month. The Monthly Fee is not rent but is consideration for services provided to you hereunder.‌
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Payment of Monthly Fee and Daily Fee and status as a non-employee. It is hereby also acknowledged and agreed that the Consultant will be classified as a non-taxable consultant of the Company for all purposes, such that all compensation which is provided by the Company to the Consultant under this Agreement, or otherwise, will be calculated on the foregoing and gross Monthly Fee and Daily Fee basis; that being inclusive of any and all applicable statutory taxes which will be the ongoing obligation of the Consultant to remit, if applicable, to the appropriate taxing authority having jurisdiction over the affairs of the Consultant. In this regard, and for all matters relating to this Agreement therefore, the Consultant will not be an employee of the Company under the meaning or application of any and all applicable federal and state unemployment, insurance and workers' compensation laws, and otherwise.
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Payment of Monthly Fee. During the Forbearance Period, Lazarus shall pay to Lien Holder or its designated Affiliate, by the fifth (5th) day of each calendar month, one hundred fifty thousand and 00/100 ($150,000.00) (the "Monthly Fee"). The Monthly Fee paid to Lien Holder shall be applied to reduce the outstanding balance of the Obligations until the Obligations are paid in full, at which time this Agreement shall terminate and Lazarus shall have no further obligations to Lien Holder or its Affiliates.
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Payment of Monthly Fee. The Point Service is billed monthly in advance for each Device (at the start of each month), starting with the first full month after the Point Service commences. The Point Service commences for a Device when the Device is shipped.
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Payment of Monthly Fee. ‌ If you transfer from one townhome to another townhome, you will be responsible for 100% of the monthly fee for your former unit as well as 100% of the new unit until the next resident assumes your obligation (see paragraph 5.6). If you transfer from one apartment to another apartment in the Inn you will be responsible for 80% of the monthly fee for your former unit as well as 100% of the monthly fee for your new unit until the next resident assumes your obligation (see paragraph 5.6).
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Payment of Monthly Fee. The Point Service is billed monthly in advance (at the start of each month) for each Verifone payment device, starting with the first full month after the Point Service commences for such Verifone payment device. For Verifone payment devices that Verifone has separately agreed to deploy, the Point Service commences when the payment device is shipped. For Verifone payment devices not deployed by Verifone, the Point Service commences when the payment device is boarded on the Hosted Point Service.
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Related to Payment of Monthly Fee

  • Monthly Fee 2.1 The monthly fee is € . The monthly fee includes value-added tax at the statutory rate, which is currently 19%. In the event of changes to the statutory value-added tax payable and/or if any additional taxes/levies have to be paid, the fee specified above may be recalculated accordingly.

  • Payment of Management Fee To facilitate the payment of the Management Fee as provided in Section 5.1 hereof, the Practice hereby expressly authorizes Professional Business Manager to make withdrawals of the Management Fee from the Professional Practice Account as such fee becomes due and payable during the Term in accordance with Section 3.10(a) and after termination as provided in Section 6.3. Professional Business Manager shall deliver to the Practice an invoice for the Management Fee accompanied by a reasonably detailed statement of the information upon which the Management Fee calculation is based.

  • Interim Payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in Xxxxx X; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • Monthly Not later than the 20th calendar day (or, if such day is not a Business Day, on the next succeeding Business Day) of each calendar month (other than the calendar months in which a Payment Date occurs) and commencing in May 2020, the Issuer shall compile and make available (or cause to be compiled and made available) to the Rating Agency, the Trustee, the Collateral Manager, the Initial Purchaser and each other Holder shown on the Register and any beneficial owner of a Note who has delivered a Beneficial Ownership Certificate to the Trustee a monthly report on a settlement date basis (except as otherwise expressly provided in this Indenture) (each such report a “Monthly Report”). As used herein, the “Monthly Report Determination Date” with respect to any calendar month will be the 10th Business Day preceding the date the Monthly Report is made available. The Monthly Report for a calendar month shall contain the following information with respect to the Collateral Obligations and Eligible Investments included in the Assets, and shall be determined as of the close of business on the Monthly Report Determination Date for such calendar month:

  • Service Fee In consideration of the administrative support services provided by a Recipient, the Distributor shall make service fee payments to that Recipient quarterly or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days of the end of each calendar quarter or other period, at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than the minimum period (the “Minimum Holding Period”), if any, that may be set from time to time by a majority of the Independent Trustees. Alternatively, the Distributor may, at its sole option, make the following service fee payments to any Recipient, within forty-five (45) days of the end of each calendar quarter or at such other interval as deemed appropriate by the Distributor: (i) “Advance Service Fee Payments” at a rate not to exceed 0.25% of the average during the calendar quarter or other period of the aggregate net asset value of Shares, computed as of the close of business on the day such Shares are sold, constituting Qualified Holdings, sold by the Recipient during that period and owned beneficially or of record by the Recipient or by its Customers, plus (ii) service fee payments at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than one (1) year. In the event Shares are redeemed less than one year after the date such Shares were sold, the Recipient is obligated to and will repay the Distributor on demand a pro rata portion of such Advance Service Fee Payments, based on the ratio of the time such Shares were held to one (1) year. The administrative support services to be rendered by Recipients in connection with the Accounts may include, but shall not be limited to, the following: answering routine inquiries concerning the Fund, assisting in the establishment and maintenance of accounts or sub-accounts in the Fund and processing Share redemption transactions, making the Fund’s investment plans and dividend payment options available, and providing such other information and services in connection with the rendering of personal services and/or the maintenance of Accounts, as the Distributor or the Fund may reasonably request.

  • Delinquent Payment; Handling Charges All past due payments required of Tenant hereunder shall bear interest from the date due until paid at the lesser of twelve percent (f2%) per armum or the maximum laWful rate of interest (such lesser amount is referred to herein as the "Default Rate"); additionally, Landlord, in addition to all other rights and remedies available to it, may charge Tenant a fee equal to three and one-half percent (3.5%) of the delinquent payment to reimburse Landlord for its cost and inconvenience incurred as a consequence of Tenant's delinquency. In no event, however, shall the charges permitted under this Section 5 or elsewhere in this Lease, to the extent they are considered to be interest under applicable Law, exceed the maximum lawful-rate of interest. Notwithstanding the foregoing, the late fee referenced above shall not be charged with respect to the first occurrence (but not any subsequent occurrence) during any 12-month period that Tenant fails to make payment when due, unless such failure continues following the expiration of five (5) days after Landlord delivers written notice of such delinquency to Tenant.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

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