Option Fee means an amount equal to 7% of the Specified Amount;
Sponsor’s Fee means the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Swiss Francs in the Trust as of the close of business on the preceding Local Business Day, which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day).
Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.
Application Fee means any nonrefundable fee, which is paid by a tenant to a landlord or managing
Annual Fees means annual Trustee Fees and annual fees related to monitoring Tax Increment, in an amount not to exceed $10,000.