Adjusted Annual Fee definition

Adjusted Annual Fee means twenty million United States dollars (US$20,000,000) adjusted in accordance with the US CPI to reflect any increase in the US CPI from the month and year of the Transfer Date until the month and year of the most recently reported US CPI available on the fourth anniversary of the Transfer Date.
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Adjusted Annual Fee means twenty million United States dollars (US$20,000,000) adjusted in accordance with the US CPI to reflect any increase in the US CPI from the month and year of the Transfer Date until the month and year of the most recently reported US CPI available on the fourth anniversary of the Transfer Date. 1.2 “Affiliate” shall mean, with respect to a Person, any Person that controls, is controlled by, or is under common control with such Person. For purposes of this Section 1.2, ”control” shall refer to (a) in the case of a Person that is a corporate entity, direct or indirect ownership of fifty percent (50%) or more of the stock or shares having the right to vote for the election of a majority of the directors of such Person or (b) in the case of a Person that is an entity, whether or not he, she or it is a corporate entity, the possession, directly or indirectly, of the power to direct, or cause the direction of, the management or policies of such Person, whether through the ownership of voting securities, by contract or otherwise. 1.3 “Antibody” shall mean any antibody, or any derivative, or fragment thereof, including any fusions comprising any such antibody, derivative or fragment, that has been Derived from Mice and/or Mice Materials pursuant to this Agreement and any composition or formulation that incorporates or includes any such antibody, derivative, fragment or fusion molecule.
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Examples of Adjusted Annual Fee in a sentence

  • Company shall pay to Regeneron the Adjusted Annual Fee on each of the fourth and fifth anniversaries of the Transfer Date unless this Agreement shall have been terminated prior to the fourth anniversary of the Transfer Date in accordance with Section 9.2. All payments to be made pursuant to this Section 4.1 shall be made by bank wire transfer in immediately available funds to an account designated by Regeneron.

  • The Service Fee identified in Appendix 6 shall be adjusted effective the first day of each Contract Year based on the following formula: Adjusted Annual Fee = C u r r e n t P e r i o d A n n u a l F e e X [ 1 + % CPI Increase/100], with a floor of zero (0) and a cap of five percent (5%) Where, CPI = The final non-seasonally adjusted Consumer Price Index, for All Items, All Urban Consumers for Miami-Ft. Lauderdale, FL as reported by the U.S. Department of Labor, Bureau of Labor Statistics.

  • The Service Fee identified in Appendix 6 shall be adjusted effective the first day of each Contract Year based on the following formula: Adjusted Annual Fee = Current Period Annual Fee X [1 + % CPI Increase/95%], with a floor of zero (0) and a cap of five percent (5%) Where, CPI = The final non-seasonally adjusted Consumer Price Index, for All Items, All Urban Consumers for Miami-Ft. Lauderdale, FL as reported by the U.S. Department of Labor, Bureau of Labor Statistics.

  • This adjustment shall be calculated by means of the following formula: A = B x C D Where: A = Adjusted Annual Fee B = Annual Fee (as such Annual Fee may have been previously adjusted) C = Average monthly index for the most recent twelve-month period D = Average monthly index for the twelve-month period preceding the date of this Loan Agreement.

  • This adjustment shall be calculated by means of the following formula: A = B x C D ATTACHMENT N 1 Where: A = Adjusted Annual Fee B = Annual Fee (as such Annual Fee may have been previously adjusted) C = Average monthly index for the most recent twelve-month period D = Average monthly index for the twelve-month period preceding the date of this Loan Agreement.

Related to Adjusted Annual Fee

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor’s direct and indirect administrative costs and profit allocable to the Contract.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.

  • Index Fee means 1.0% per annum. The Index Fee is charged each calendar day, beginning as of the Index Start Date. It is calculated on the basis of a 360-day year and the most recently calculated Index Closing Value.