Supplemental Fee. Manager and Sub-Adviser agree that, in addition to the sub-advisory fee for each new Portfolio or Fund payable under the Agreement ("Basic Fee"), Manager shall pay Sub-Adviser an additional amount in respect of the Balanced Portfolio, the Growth and Income Portfolio and the European Funds, as set forth in the table below (each, a "Supplemental Fee"), for the period until the net assets of such Portfolio or such Funds, as the case may be, first reaches the threshold amount set forth in the table. The Basic Fee for purposes of this Addendum shall be calculated on a daily basis as the effective (blended) rate calculated under the breakpoint schedules set forth in Section 5 of the Agreement by reference to the average daily market value of the equity and fixed-income assets, respectively, of all Nuveen-sponsored investment products for which the Sub-Adviser serves as sub-adviser, including for all purposes the assets of the new Portfolios and Funds. New Portfolio or Funds Threshold Amount Supplemental Fee ---------------------- ---------------- ---------------- Balanced Portfolio $ 50 million 0.10% of net assets Growth and Income Portfolio $ 100 million 0.08% of net assets European Funds $ 50 million 0.13% of net assets Once the net assets of the Balanced Portfolio, the Growth and Income Portfolio or the European Funds reach the respective threshold amount set forth above on any day, the sub-advisory fee for the Balanced Portfolio, the Growth and Income Portfolio or the European Funds, as the case may be, shall thereafter be the Basic Fee as calculated pursuant to the Agreement.
Supplemental Fee. Borrower shall pay Lender a monthly supplemental fee in an amount equal to the amount by which the Monthly Minimum exceeds the amount of collateral management fees for each month plus the amount of interest paid for each month. The supplemental fee shall be due and payable monthly in arrears. Lender is authorized and directed to disburse a sufficient amount of the Loan as necessary to pay the monthly supplemental fees.
Supplemental Fee. From and after the Effective Date, Golf Manager shall receive a Supplemental Fee equal to $800,000, payable as follows, without interest accruing thereon, until such time as the Supplemental Fee has been paid in full:
(i) From the Effective Date through the first anniversary date of the Effective Date, an amount equal to 0.5% of Golf Operating Revenue;
(ii) From the first anniversary date of the Effective Date through the remainder of the Term, an amount equal to 0.75% of Golf Operating Revenue; and
(iii) Commencing with the calendar year beginning January 1, 2005, if the Golf Operating Revenue during any calendar year during the Term is greater than $14,000,000, then Golf Manager shall be entitled to receive towards payment of the Supplemental Fee an amount equal to the following: (A) 15% of any amount of Golf Operating Revenue between $14,000,000 and $14,499,999; (b) 17.5% of any amount of Golf Operating Revenue between $14,500,000 and $14,999,999; and (C) 20% of any Golf Operating Revenue in excess of $15,000,000. The Hotel Manager shall pay, on behalf of Owner, the Supplemental Fee as soon as the items described in clauses (a) through (f) of Section 3.5.4 of the Resort Management Agreement have been paid, but before the items described in clauses (h) through (j) have been paid, as provided in the document attached hereto as Exhibit N (the capitalized terms used but not defined therein shall have the meaning ascribed to such terms in the Resort Management Agreement). The Supplemental Fee payable with respect to subsections (i) and (ii) above shall be payable within thirty (30) days after the end of each calendar month for the preceding calendar month (subject to annual adjustment upon submission of the Monthly Operating Report, including year-end financial information and audited financial statements) pursuant to Article 4.01(u) after the Owner’s receipt thereof. The Supplemental Fee payable with respect to subsection (iii) above shall be computed annually, based upon cumulative Golf Operating Revenue for the calendar year, and payment shall be made to Golf Manager within thirty (30) calendar days after the receipt by Owner of audited financial statements for such calendar year. Except as otherwise provided in this Article 7.03, Article 8.03, and Article 8.04, upon the earlier of (i) April 30, 2010, or (ii) expiration or earlier termination of this Golf Agreement for any reason, including upon a termination of the Resort Management Agreement (and as a c...
Supplemental Fee. If but only if the Leverage Ratio as computed as of the last day of the Parent's first fiscal quarter of fiscal 2002 is greater than 4.50 to 1 the Company shall, within 50 days of the close of such fiscal quarter, pay to the Administrative Agent, for the account of the Assenting Lenders, a fee equal to 1/4 of 1% of the sum of the Revolving Credit Commitments and the outstanding principal balances of the Term Loans of the Assenting Lenders as of the close of such fiscal quarter, the Administrative Agent to promptly distribute such fee to the Assenting Lenders.
Supplemental Fee. If the Loans are repaid in full and the Commitments terminated after August 18, 2000, the Borrower shall pay to the Agent, for the ratable benefit of the Banks, on the earlier of (i) September 1, 2000 or (ii) the date on which the Loans have been repaid in full and the Commitments have been terminated, a supplemental fee equal to 0.10% of the Commitments as of the close of business on August 31, 2000 or, if earlier, the Business Day immediately preceding the date on which the Loans have been repaid in full and the Commitments have been terminated.
4. The Borrower has informed the Banks that for the quarter ending June 30, 2000 the Borrower is not in compliance with Sections 7.15(e), 7.15(f)(i) and 7.15(f)(ii) of the Credit
Supplemental Fee. 5.02.01 The Basic Service Fee listed above (hereinafter called the “Fee”) is based on the scope of services for a project of this scope, size and complexity.
5.02.02 If the Owner authorizes an increase or decrease in the scope, size or complexity of the Project, the Fee will be adjusted as mutually agreed upon, in writing, by Owner and Consultant.
5.02.03 The Consultant may be authorized to perform Supplemental Services. The fee for such services will be based upon a Cost Plus with a Guaranteed Maximum based on a Multiple of Direct Personnel Expenses. Where a mutually agreeable Cost Plus with a Guaranteed Maximum based on Direct Personnel Expense cannot be arrived at, the Owner may secure services from an independent source or from the Owner’s resources. The Consultant shall provide any information and/or copies of project documentation necessary to facilitate the provision of said supplemental services by others.
Supplemental Fee. Without limiting the provisions of Section 9.1 ---------------- hereof, the Borrower agrees to pay to the Agent, for the pro rata account --- ---- of each Bank and each Senior Note Holder (based on each Bank's and each Senior Note Holder's Pro Rata Share (as defined in the Intercreditor Agreement)), on the last Business Day of each calendar month (commencing June 30, 2002) for the Supplemental Fee accrued during such calendar month, a supplemental fee of $25,000, which fee shall increase by $25,000 from the immediately preceding amount on the first day of each calendar month, for the period commencing June 1, 2002 and ending January 31, 2003 (the "Supplemental Fee"). For purposes hereof, consecutive Business Days shall ---------------- mean one Business Day following another Business Day, with intervening Saturdays, Sundays and holidays excluded. The Borrower authorizes the Agent to deduct the Supplemental Fee from the Operating Account on the last Business Day of each calendar month for any Supplemental Fee accrued during such calendar month."
Supplemental Fee. In addition to the Unused Fee, the Borrowers agree to pay to the Agent for the account of each Lender during the Temporary Availability Reduction, a supplemental fee (the "Supplemental Fee") at the rate of 1/4 of 1% per annum, calculated on the average daily outstanding principal amount of the CH&C Notes. Not later than 10 days prior to the end of each March, June, September and December, commencing on the first of such dates following the Permitted Subordinated Debt Issuance and ending with the quarter in which all CH&C Notes have been purchased or redeemed, the Borrowers will furnish to the Agent a certificate setting forth the dates and amount of each purchase or redemption of CH&C Notes completed since the date of the Permitted Subordinated Debt Issuance, certified by the chief financial officer of Boyd Xxxing. The Supplemental Fee shall be payable by the Borrowers quarterly in arrears on the last day of March, June, September and December in each year (or, if such day is not a Business Day, on the next succeeding Business Day), commencing with the first such date to occur after commencement of the Temporary Availability Reduction and on any expiration or termination of the Revolving Loan Commitment.
(h) The sixth sentence of Section 4.7 of the Credit Agreement is hereby amended by adding "Supplemental Fees," after "Unused Fees," and before "L/C Fees".
(i) Clause (ii) of Section 7.2.2 of the Credit Agreement is hereby amended to read in its entirety as follows;
Supplemental Fee. 5.2.1. The Program Manager may be authorized to perform Supplemental Services. See Article 5.1.4. The fee for such services will be based upon a Cost Plus with a Guaranteed Maximum Price based on Direct Personnel Expenses. Owner, at Owner’s sole discretion, may negotiate and agree with Program Manager on the hourly salary rates for such employee categories or levels as may be appropriate to accomplish the Supplemental Services. Where a mutually agreeable Cost Plus with a Guaranteed Maximum based on Direct Personnel Expense cannot be arrived at, the Owner may secure services from an independent source or from the Owner’s resources. The Program Manager shall provide any information and/or copies of project documentation necessary to facilitate the provision of said supplemental services by others.
Supplemental Fee. If Borrower has not consummated the High Yield Debt Offering by September 4, 1998, then within thirty (30) days thereafter Borrower shall pay to Bank an additional fee equal to the greater of:
(a) One Hundred Thousand Dollars ($100,000.00), or (b) one percent (1%) of all advances made from Bank to Borrower under the terms of this Agreement..
