Shared Revenue Fixed Percentage Contract Sample Clauses

Shared Revenue Fixed Percentage Contract. This is a Shared Revenue Fixed Percentage Contract between the County and the Contractor for professional services; specifically as further set forth herein, for performing an audit of sales and use tax revenues occurring within the unincorporated areas of the County for the County Executive Office. Contractor’s percentage of shared revenues shall be as set forth herein and shall be the only percentage Contractor will receive on the actual sales tax revenue recovered as a result of this Contract. County agrees to compensate Contractor for the shared revenue fixed percentage as set forth herein. The Contractor agrees to accept the specified compensation as full compensation for performing all services and furnishing all staff and materials called for, and for any reasonably foreseeable difficulties under the responsibility of the Contractor which may arise or be encountered in the performance of the work and services until acceptance of the services relevant to the audit of the sales tax revenues occurring within the unincorporated areas of the County as set forth in Attachment A, Scope of Work, and for risks connected with the work and services, and for performance by the Contractor of all its duties and obligations hereunder. The fixed percentage as set forth herein shall include the fee and all expenses related to the performance of work and services required to meet the tasks, services, and deliverables as set forth in Attachment A, Scope of Work. The fixed percentage as set forth herein shall be firm for the term of the Contract.
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  • Adjustments to Required Subordinated Percentages and Amount (a) On any date, the Issuer may, at the direction of the Beneficiary, change the Required Subordinated Percentage of Class B Notes, the Required Subordinated Percentage of Class C Notes or the Required Subordinated Percentage of Class D Notes, in each case for the Class A(2016-4) Notes, without the consent of any Noteholders; provided that the Issuer has received written confirmation from each applicable Note Rating Agency that the change in such percentage will not result in a Ratings Effect for any Tranche of Outstanding DiscoverSeries Notes. (b) On any date, the Issuer may, at the direction of the Beneficiary, replace all or a portion of the Required Subordinated Amount of Class B Notes, the Required Subordinated Amount of Class C Notes or the Required Subordinated Amount of Class D Notes, in each case for the Class A(2016-4) Notes with a different form of credit enhancement (including, without limitation, a cash collateral account, a letter of credit, a reserve account, a surety bond, an insurance policy or a collateral interest, or any combination thereof) and may add such definitions and other terms and make such additional amendments to this Terms Document as shall be necessary for such replacement without the consent of any Noteholders, provided that the Issuer has received written confirmation from each applicable Note Rating Agency that such replacement and such other amendments will not result in a Ratings Effect for any Tranche of Outstanding DiscoverSeries Notes.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

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