ANNUAL ADMINISTRATION definition

ANNUAL ADMINISTRATION. CHARGE: UNUM will deduct the amount stated in Section 1.5 from each Participant's Account each year on the last Business Day of the month in which his Participation Anniversary occurs unless the Contractholder pays the charge in a single payment. If the Participant's Account balance is less than this amount on that day, UNUM will deduct the entire balance from his Account. When a Total Withdrawal of a Participant's Account, as defined in Section 7.2, occurs on a date other than the last Business Day of the month in which his Participation Anniversary occurs, UNUM will first deduct the amount stated in Section 1.5 from his Participant's Account. ANNUAL ADMINISTRATION CHARGE: UNUM will deduct the amount stated in Section 1.5 on a pro-rata basis from the Participant's Variable Investment Division Account balance each year on the last Business Day of the month in which his Participation Anniversary occurs unless the Contractholder pays the charge in a single payment. If the Participant's Variable Investment Division Account balance is less than this amount on that day, UNUM will deduct the entire balance from his Variable Investment Division Account. When a Participant requests, on a date other than the last Business Day of the month in which his Participation Anniversary occurs, (a) a withdrawal, or (b) a transfer, from the Variable Investment Division, which would leave a remaining balance of less than the Annual Administration Charge defined in Section 1.5, UNUM will first deduct the amount stated in Section 1.5 from the Participant's Variable Investment Division Account balance prior to the Withdrawal or Transfer.
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ANNUAL ADMINISTRATION. FEE: $5,000 This annual administration fee covers standard services required under the documents. Also includes periodic disbursements to company. An additional charge of $500 per sub-account will be billed for accounts opened in connection with certain state regulations. Transaction charges noted below apply for certain responsibilities including payments to subscribers. This annual administration fee is initially payable upon the SEC effectiveness of the offering of the Company and, thereafter, annually in January for any calendar year or portion thereof. This fee shall be reviewed at the end of the first year and may be renegotiated in accordance with new volume estimates. TRANSACTION FEES: To the extent that Wells Fargo Bank provides these services to the Company, the followixx xxansaction fees shall be charged: Wire transfer of funds to investors $15 per item Check transfer of funds to investors $15 per item Receipt and posting of incoming wires No charge Receipt and posting of incoming check No charge Asset transactions (purchases/sales/calls/deposit/withdrawals, etc.) $25 per transaction 1099 INT Tax reporting $25 per form ACH transfer of funds No charge Electronic pre-determined reports No charge Interest calculations No charge EXTRAORDINARY SERVICES: Additional reasonable compensation will be charged for extraordinary services based on the then current standard hourly charge. Extraordinary services include, but are not limited to, attending escrow closings, processing assignments of escrow interest, specialized reports (e.g. tax reporting other than 1099s), unusual certifications, reviewing and accepting modifications or amendments to the escrow agreement, and letter of credit draws, etc. The Company will be informed in advance of Wells Fargo's performance of services that are considered extraordinxxx. Any overdrafts caused by failed or incomplete wires of funds or failed or incomplete securities deliveries will be reimbursable to Wells Fargo Bank at prime plus two percent (2%). All out-of-pockets xxxxnses incurred in the administration of the account, including, but not limited to, postage, telephone charges, insurance, photocopies, supplies, and legal fees with the exception of legal fees incurred at the inception of the account, may be billed to the Company at cost. If such expenses are to be billed to the Company, the Company will be informed of such expenses before they are incurred.
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ANNUAL ADMINISTRATION. FEE: $2,500.00
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Examples of ANNUAL ADMINISTRATION in a sentence

  • IN THE CASE OF RENEWAL, NO ANNUAL ADMINISTRATION FEE WILL BE PAYABLE.

  • ANNUAL ADMINISTRATION CHARGES: $5,000.00 Covers administrative duties in connection with the provisions of the Stock Pledge Agreement.

  • ANNUAL ADMINISTRATION The annual administration maintenance charge, shown MAINTENANCE CHARGE on the contract data page, will be deducted from your Contract on the last day of each Contract Year and if you withdraw the entire contract value.

  • It involves collecting data, interaction, and visualization provenance from mul- tiple devices since scientists usually work on their workstation.

  • IN NO EVENT SHALL ANNUAL ADMINISTRATION EXPENSES OF THE AUTHORITY EXCEED ONE PERCENT OF THE CONTRACT PRICE.

  • NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS AGREEMENT, THE MAXIMUM TOTAL LIABILITY OF CI PLUS TA UNDER OR IN CONNECTION WITH THIS AGREEMENT SHALL NOT EXCEED THE ANNUAL ADMINISTRATION FEE PAID BY CONTENT DISTRIBUTOR TOTAL OF SUMS PAID BY LICENSEE PURSUANT TO SECTION 4.

  • GLOBAL FEE SCHEDULE ANNUAL ADMINISTRATION FEE 7.0 bps on the first $250 million on non-US assets 5.0 bps on the next $250 million of non-US assets 3.0 bps after $500 million of non-US assets Assets held in specific countries will incur additional annualized asset-based charges plus transaction charges associated with each region.

  • ANNUAL ADMINISTRATION MAINTENANCE CHARGE: [$30] each Contract Year.

  • ANNUAL ADMINISTRATION: $2,500.00 per year, or portion thereof, payable in advance.

  • ResolutionThe Board considered and resolved to approve the cases mentioned on agenda side from Sr. 1 to 4 subject to approval by the Competent Authority.SUBMISSION OF ANNUAL ADMINISTRATION REPORT FY 2022-23.


More Definitions of ANNUAL ADMINISTRATION

ANNUAL ADMINISTRATION. Charges: $25,000.00 Covers all normal administration functions as Trustee for the assets pledged to the Trust as contemplated in the Trust agreement including the maintenance of administrative records, duties in connection with the security and fiduciary provisions of the Instrument, holding of and subsequent liquidation and distributions of collateral, preparation of unaudited financial statements, administration of and distributions from Reserve Account and the consideration and decision with respect to various normal administrative questions. The Trustee reserves the right to determine which services may be considered "normal". Accounting services will be provided and charged on an hourly and as needed basis. Transaction Fees ( if applicable):
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ANNUAL ADMINISTRATION. FEE: $4,000.00
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Related to ANNUAL ADMINISTRATION

  • Self-administration means carrying and taking medication without the intervention of the school nurse, approved through the school district policy and restricted to students with asthma, other potentially life-threatening illnesses or life-threatening allergic reaction.

  • School administrator means a superintendent, principal or his/her designee assistant principal//technical center director or his/her designee and/or the District’s Equity Coordinator.

  • Medication administration means the direct application of a medication or device by ingestion, inhalation, injection or any other means, whether self-administered by a resident, or administered by a guardian (for a minor), or an authorized health care provider.

  • Regional Administrator means the Regional Administrator of Region 10 of the EPA, or the authorized representative of the Regional Administrator.

  • Misadministration means the administration of:

  • Chief School Administrator means the Superintendent of Schools or the Administrative Principal if there is no Superintendent.

  • IPN Portal Administrator means the USAID official designated by the Director, M/OAA, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Assistance.

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.

  • Special administrator means a personal representative as described in Sections 75-3-614 through 75-3-618.

  • Collateral Administration Agreement An agreement dated as of the Closing Date among the Issuer, the Collateral Manager and the Collateral Administrator, as amended from time to time in accordance with the terms thereof.

  • Customs Administration means the competent authority that is responsible under the law of a Party for the administration of customs laws and regulations;

  • Behavioral health administration or "BHA" means

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Societal benefits charge means a charge imposed by an electric

  • Department of Health and Human Services means the Department of Health and Human Services

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • Self-Administration of Medication means the individual manages and takes his or her own medication, identifies his or her medication and the times and methods of administration, places the medication internally in or externally on his or her own body without staff assistance upon written order of a physician, and safely maintains the medication without supervision.

  • Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing exclusions and objections, responding to inquiries from members of the Settlement Class, mailing Settlement checks, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

  • Administration Account As defined in Section 7.02.

  • Contract administration means all functions, duties, and responsibilities

  • Health and Human Services or “HHS” includes HHSC and DSHS.

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Final administrative decision means a decision by an agency

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • District Evaluation Advisory Committee means a group created to oversee and guide the planning and implementation of the Board of Education's evaluation policies and procedures as set forth in N.J.A.C. 6A:10-2.3.

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.