Remuneration Fee Sample Clauses

Remuneration Fee. Contractor shall become entitled to the Remuneration Fee and shall start charging the same to the Operating Account only after the Service Fees Eligibility Date.
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Remuneration Fee. The Contracted Individual/Company/Organisation shall receive a gross fee of € per hour worked for the services and partial services actually provided by them. All costs and rights of utilisation (No. 6) incurred in the execution of the present Contract, as well as any value added tax due, shall be deemed to be remunerated by the agreed fee. The fee shall fall due as soon as the Contracted Individual/Company/Organisation has provided the services and partial services. Payments shall be effected subsequent to verification of the service on the basis of invoices submitted by the Contracted Individual/Company/Organisation. The Client shall refund such travel expenses incurred as are necessary to perform the service designated as per No. 1 in accordance with the German Federal Travel Expenses Act (Bundesreisekostengesetz – BRKG), on submission of the travel expenses form completed by the Contracted Individual/Company/Organisation, as well as of corresponding original documents. No taxes, social security contributions or other insurance premiums shall be paid by the Client. The Contracted Individual/Company/Organisation shall be responsible for the timely payment of the taxes payable on the fee (particularly income tax) and social security payments.
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Remuneration Fee. The remuneration fee represents the effective profit margin of the IOC. It may be expressed in the service contract as a lump sum amount (payable in instalments), or calculated on an agreed basis in association with the production of the project. In both cases, the fee (or the basis on which the fee is calculated) is pre-determined and based on assumptions regarding the level of production and the commodity price at the time the service contract is entered into. Accordingly, this means that the service contract, particularly those of longer duration, may result in sub-optimal outcomes for either or both parties if these underlying assumptions change. For example, in setting the remuneration fee, the IOC may be given an incentive to maintain production at or above certain levels. This may become problematic in market conditions of lower commodity prices and higher production costs, in which case the production targets effectively incentivise the IOC not to pursue the efficient outcome of reducing overall production. IOCs will also seek to ensure that if the host government enforces a right to curtail production under the service contract or otherwise imposes an obligation to reduce production, it will continue to be able to receive a minimum remuneration fee, notwithstanding reduced production levels.
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Remuneration Fee. Three different levels for project cooperation and consequently remuneration fee apply:
Sample 1
Remuneration Fee. Contractor shall start charging the Remuneration Fee to the Operating Account only from the date of First Commercial Production, in accordance with this Contract and the Accounting Procedure. For each Calendar Quarter, commencing with the Calendar Quarter following the Quarter in which the First Commercial Production occurs, the Remuneration Fee shall be an amount equal to the product of the Remuneration Fee per Barrel of Fuel Oil Equivalent applicable to such Quarter, multiplied by the Net Gas Production (also expressed in terms of Barrels of Fuel Oil Equivalent) applicable to such Quarter and subject to the performance adjustment in Article 9.5. The Remuneration Fee per Barrel of Fuel Oil Equivalent applicable for all Calendar Quarters during any given Calendar Year shall be determined on the basis of the R- Factor calculated at the end of the preceding Calendar Year for the Field as follows:
Sample 1
Remuneration Fee. Mr/Ms ... shall receive upon delivery and acceptance of < the work> a flat fee in the amount of EUR ... gross (including any VAT), on which he/she must pay income tax. This shall serve as full compensation for all services and incidental costs (such as telephone and internet fees, office supplies etc.). Payments shall be made on the basis of the invoices from the Contractor after delivery and acceptance.
Sample 1

Related to Remuneration Fee

  • Remuneration The Company agrees to pay the Warrant Agent reasonable remuneration for its services as such Warrant Agent hereunder and shall, pursuant to its obligations under this Agreement, reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution of its duties hereunder.

  • Annual Fee As compensation for its activities hereunder, the Asset Representations Reviewer shall be entitled to receive an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of the Issuer, in an amount equal to $5,000.

  • Annual Fees Tiered Fee Schedule for Premier Wealth Tactical, Premier Wealth Tactical Core, ETF Sector Rotation, Tactical Opportunity, Equity Growth and Value, Equity Growth Opportunity, Equity Dividend Income, and all Premier Wealth Tactical Core/ ETF Sector Rotation Strategies (also known as Xxxxxxxxx Moderate, Xxxxxxxxx Moderately Aggressive, or Xxxxxxxxx Aggressive):

  • Remuneration and fees In most cases we are paid by commission from the insurer but in some circumstances, we may charge you a fee instead of commission or a combination of both where we arrange policies with a low commission. Where we charge a fee, this will not be liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). All fees will be advised verbally and/or will be included within the Statement of Price document before you incept your policy. We will also make the following administration charges per policy: See Appendix 1 Our commission and fee(s) are earned on placement of your insurance. If you make a change or cancel your policy mid-term (other than in the 14-day Cooling Off period) which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. Our fees will be clearly shown in any invoice we issue to you, and we will advise you of the amount of any charge before you become liable to paying it. We have arrangements with some insurers to receive additional payments reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf, and we will advise you where this is the case.

  • Nomination Fees The Allottee shall pay a sum calculated @ 2% of the Unit Price or the Nomination Price whichever is higher, plus applicable taxes, as and by way of nomination fees to the Promoter. It is clarified that inclusion of a new joint allottee or change of a joint allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse or children of the Allottee. Any additional income tax liability that may become payable by the Promoter due to nomination by the Allottee because of higher market valuation as per the registration authorities on the date of nomination and/or the extra registration fees to be paid to the registration authorities due to nomination, shall be compensated by the Allottee paying to the Promoter agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time or the estimated extra registration fees. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.

  • 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.

  • Termination Fee Charge A. In the event the Judicial Council terminates this Agreement pursuant to the “Termination Other Than for Cause” provision, as set forth in Exhibit A, the Judicial Council may be charged a Termination Fee, not to exceed the amount specified in Exhibit G.

  • 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.

  • Tuition Fees The Employer agrees to pay tuition fees for continuing education courses as follows:

  • Initiation Fee B. A graduate student employee may consent in writing to the authorization of the deduction of the one-time initiation fee and Union dues, or of agency fees, from their pay and to the designation of the Local as the recipient thereof. Such consent shall be in a form acceptable to the Administration and shall bear the signature of the graduate student employee. Payroll Deduction

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