The Administration Fee Sample Clauses
The Administration Fee clause defines the charges imposed by one party for managing or processing certain aspects of an agreement, such as handling paperwork, coordinating services, or overseeing compliance. Typically, this fee is either a fixed amount or a percentage of the total contract value, and it may be billed periodically or as a one-time charge, depending on the agreement's terms. Its core function is to ensure that the administrative costs incurred during the execution of the contract are transparently allocated and reimbursed, preventing disputes over hidden or unexpected expenses.
The Administration Fee per hour shall be paid by each Individual Employer. It shall not be taxable to the Employee.
The Administration Fee. In consideration of the responsibilities assumed and the Administrative Services to be rendered by the Administrator under this Agreement, the Fund shall pay the Administrator a monthly fee (commencing on the Effective Date (defined below) calculated at an annual rate of thirty (30) basis points applied against the value of the Fund's average monthly net assets which, for the purposes of calculating such fee, will be deemed to be the average monthly value of the Fund's total assets minus the sum of the Fund's liabilities (excluding leverage, if any) (the "Administration Fee"). If the fees payable to the Administrator pursuant to this Section begin to accrue before the end of any month or if this Agreement terminates before the end of any month, the fees for the period from that date to the end of that month or from the beginning of that month to the date of termination, as the case may be, shall be prorated according to the proportion that the period bears to the full month in which the effectiveness or termination occurs.
The Administration Fee. In consideration of the responsibilities assumed and the Administrative Services to be rendered by the Administrator under this Agreement, the Fund shall pay the Administrator a monthly fee (commencing on the Effective Date (defined below)), calculated as follows:
(1) 20 basis points on total assets under management up to $250 million;
(2) 18 basis points on total assets under management above $250 million but less than $400 million; and
(3) 15 basis points on total assets under management above $400 million. In each case, such basis points will be applied against the value of the Fund's average monthly net assets which, for the purposes of calculating such fee, will be deemed to be the average monthly value of the Fund's total assets minus the sum of the Fund's liabilities (excluding leverage, if any) (the "Administration Fee"). If the fees payable to the Administrator pursuant to this Section begin to accrue before the end of any month or if this Agreement terminates before the end of any month, the fees for the period from that date to the end of that month or from the beginning of that month to the date of termination, as the case may be, shall be prorated according to the proportion that the period bears to the full month in which the effectiveness or termination occurs.
The Administration Fee. The administration fee is thirteen percent (13%). This is not the gratuity. It is HeyChef!’s charge for office services such as securing service staff, submitting quotes and menu drafts, invoicing, etc. (Catering companies traditionally charge eighteen percent (18%) for these services.) This charge is applied to your chef and staff costs only.
The Administration Fee. The ▇▇▇▇▇▇ must pay:
The Administration Fee. The administration fee is thirteen percent (13%). This is not gratuity. It is MixingMama’s charge for office services such as securing service staff, submitting quotes and menu drafts, invoicing, etc. (Catering companies traditionally charge eighteen percent (18%) for these services.) This charge is applied to your chef and staff costs only.