Rent and Management Fee Sample Clauses

Rent and Management Fee. (a) Tenant shall pay to Landlord Basic Rent in equal monthly instalments in advance on the first day of each month during the Term.
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Rent and Management Fee. Lessee should pay on the first working day of each month in the way listed in the Schedule by check payable at sight. The check’s title should be either “Beijing Oriental Plaza Co., Ltd.” or “ .” Or lessee can use cash remittance or bank transfer all the rents, management fee and bank charges to the account specifically appointed in written form by lessor. Lessee should not make any deduction to the total fee payable to lessor. In case when the date of start is not the first date of a month or the date of expiry is not the last date of a month, the fee payable each month should be counted on the basis of the exact renting dates. The management fee includes, but is not limited to the following fees offered by lessor and/or real estate manager: central air-conditioning fee, heating fee, sanitation maintenance fee (including sewage disposal fee, but lessee should take responsibility for its own business or commercial garbage), public service installation and maintenance fee, public water, electric and communication supply fee, public responsibility insurance fee, fire insurance and other insurance related to the management of public safety, security guards’ and other real estate management personnel’s salary and welfare, and other management fees which should be shared by lessee. Lessor is entitled to routinely editing the management fee budget. The adjustment of management fee should be issued in written form and it will take effect from the date stated on the notice.
Rent and Management Fee. 8.1.1: The Lessee HEREBY COVENANTS with the Lessor to pay the Lessor the Rent at the time and in the manner prescribed in Clause 1 hereof without deduction.
Rent and Management Fee. Rate of Rent: RMB191/month/building square meter (exclusive of property management fee), i.e. RMB91,680 per month, which shall be paid in accordance with the terms and conditions of this Lease Agreement. Management Fee: RMB28.97/month/building square meter, i.e. RMB13,905.60 per month, which shall be paid in accordance with the terms and conditions of this Lease Agreement.
Rent and Management Fee. Upon receipt of a written notice from Landlord and/or Property Manager, Tenant must pay the rent and management fee, as well as the remittance or account transfer cost (if any), without any deduction or offset, on or before the 1st business day of each calendar month in the forms as described in the Schedule hereto by a cheque payable on demand indicating the payee of “China CYTS Tours Holding Co., Ltd.”, or by remittance or account transfer to the bank account designated by Landlord in written forms from time to time. If the commencement date or expiry date of the lease term is not the first date or last date of the calendar month respectively, the sum payable in such month shall be paid by Tenant pro rata to the actual rent days in the month. Upon receipt of the relevant cheque, remittance or account transfer from Tenant, Landlord shall issue a valid invoice to Tenant on the same day. The management fee shall include but not limited to the costs of Landlord and/or the property manager of the Building (“Property Manager”) in provision of central air-conditioning and heating during the normal business hours, maintenance of the sanitation of the Building (including disposition of wastes, except for the business or commercial wastes to be disposed of Tenant), installation and maintenance of public facilities, supply of water, electricity and telecommunication service in the public areas, public liability insurance, fire insurance and other necessary insurances against the risks from the management of the public areas of the Building, remuneration and benefits for the security staff and other staff members in the property management team (including the costs of professional advisors, if necessary) and administrative costs (including the compensation payable to the Property Manager), and the allocable costs of any other property service provided by Landlord and/or the Property Manager. Landlord may regularly amend the budget of the management fee. In case of any adjustment to the rate of management fee, a written notice shall be sent to Tenant and shall become effective as of the date specified therein, and Landlord shall provide Tenant with the reason and basis for such adjustment issued by the Property Manager.

Related to Rent and Management Fee

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Sixty-Six Thousand, Six Hundred Eleven Dollars and Seventy-Five Cents ($66,611.75). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items.

  • Base Management Fee The Base Management Fee will be calculated at an annual rate of 2.0% of the Company’s gross assets, exclusive of cash and cash equivalents. The base management fee will be payable quarterly in arrears and will be calculated based on the average value of the Company’s gross assets at the end of the two most recently completed calendar quarters (and, in the case of our first quarter, our gross assets as of such quarter-end). The base management fee may or may not be taken in whole or in part at the discretion of the Adviser. All or any part of the base management fee not taken as to any quarter will be deferred without interest and may be taken in such other quarter as the Adviser will determine. The base management fee for any partial month or quarter will be appropriately prorated.

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

  • Asset Management Fees (i) Except as provided in Section 8.03(ii) hereof, the Company shall pay the Advisor as compensation for the services described in Section 3.03 hereof a monthly fee (the “Asset Management Fee”) in an amount equal to one-twelfth of 0.75% of the sum of the Cost of Real Estate Investments and the Cost of Loans and other Permitted Investments. The Advisor shall submit a monthly invoice to the Company, accompanied by a computation of the Asset Management Fee for the applicable period. The Asset Management Fee shall be payable on the last day of such month, or the first business day following the last day of such month. The Asset Management Fee may or may not be taken, in whole or in part, as to any period in the sole discretion of the Advisor. All or any portion of the Asset Management Fees not taken as to any period shall be deferred without interest and may be paid in such other fiscal period as the Advisor shall determine.

  • Owner’s Expenses Except as otherwise specifically provided, all costs and expenses incurred hereunder by Manager in fulfilling its duties to Owner shall be for the account of and on behalf of Owner. Such costs and expenses shall include the wages and salaries and other employee-related expenses of all on-site and off-site employees of Manager who are engaged in the operation, management, maintenance and leasing or access control of the Properties, including taxes, insurance and benefits relating to such employees, and legal, travel and other out-of-pocket expenses that are directly related to the management of specific Properties. All costs and expenses for which Owner is responsible under this Management Agreement shall be paid by Manager out of the Account. In the event the Account does not contain sufficient funds to pay all said expenses, Owner shall fund all sums necessary to meet such additional costs and expenses.

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