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Annual Fixed Fee definition

Annual Fixed Fee means an amount payable to the Authority under a Contract in accordance with regulation 22.
Annual Fixed Fee shall have the meaning set forth in Section 7.1.1.
Annual Fixed Fee means the fee as defined in Article 5.1 of the Operation, Management and Maintenance Agreement.

Examples of Annual Fixed Fee in a sentence

  • The total amount for the site/program/event/service to be withdrawn shall be as provided by the Contractor in the Fee Proposal Breakdown (see Appendix 7-A (3)) and according to the Annual Fixed Fee Payment Schedule (see Appendix 6-A) and the corresponding annual expense report (see Appendix 6-B and 6-C).

  • The Agreement provides for the County to pay Operator an annual fixed fee (Annual Fixed Fee) of $214,092 to be paid in monthly installments of $17,841 which may be adjusted annually each October, based on the percentage change in the Consumer Price Index; provided however, the annual adjustment will not increase or decrease by more than 3%.

  • In addition to the Annual Fixed Fee, Operator has the potential to earn an incentive fee (Incentive Fee), which will not exceed $100,000 or 25% of the Annual Fixed Fee, whichever is less, if key performance measures are met in areas of financial, SBE achievement, marketing, sales and customer service.

  • The terms and conditions of this Agreement shall remain the same throughout each additional renewal term, with the exception of the Annual Fixed Fee, the Application Fee and the Administrative Fee, which shall be increased as provided in Exhibit D, attached hereto.

  • If the foregoing conditions are fulfilled, the Annual Fixed Fee for the applicable Site shall xxxxx, effective as of the first day of the occurrence of the Abatement Condition, in proportion to the degree LICENSEE is unable to reasonably use, and in fact does not use, the Site for its intended purpose, retroactive to the date PG&E received notice of the Abatement Condition and continuing until the Abatement Condition has been cured.

  • The increase schedule shall be as follows: (Date of Increase) (Date of Increase) (Date of Increase) (Date of Increase) Annual Fixed Fee Application Fee Administrative Fee This Exhibit E is attached to and is a part of the Master License Agreement for Signboards (the "Agreement") between Pacific Gas and Electric Company ("PG&E") and Xxxxxx Interstate Media, Inc.

  • Where a Royalty or Annual Fixed Fee levied under this Part V remains unpaid in respect of an Exploitation Contract for 6 months or more from the date upon which the amount became due and payable, the Authority may suspend or terminate that Exploitation Contract in accordance with the terms of the Exploitation Contract.

  • The Annual Fixed Fee, the Application Fee, and the Administrative Fee shall each be increased by percent ( %), every ( x) years, on the Anniversary Date of the Agreement.

  • If LICENSEE elects to so terminate this Agreement, the Annual Fixed Fee for the affected Site shall be reduced or abated in proportion to the actual reduction or abatement of LICENSEE's use during the period of damage and destruction.

  • If any installment of the Annual Fixed Fee or other amounts owing under this Agreement are more than sixty (60) days past due, or PG&E otherwise has reasonable grounds to believe that LICENSEE's creditworthiness or performance under this Agreement has become unsatisfactory, PG&E reserves the right to request collateral from LICENSEE in an amount determined by PG&E in a commercially reasonable manner or a guaranty (issued by a creditworthy party) in a form satisfactory to PG&E as performance assurance.


More Definitions of Annual Fixed Fee

Annual Fixed Fee. As used herein, the term "Annual Fixed Fee" ---------------- shall mean the fee described in paragraph 3.8.
Annual Fixed Fee means the fee as defined in Article 5.1 of the Operation Agreement.
Annual Fixed Fee means, for the year ending December 31, 2000, and for each succeeding year, $20,000,000; provided, that during any year (or portion thereof) from the Earn-Out Period Commencement Date to the Earn-Out Period Termination Date, "Annual Fixed Fee" shall mean $5,000,000 (or the pro rata portion thereof). For purposes of clause (b)(iv) of the definition of "Available Net Present Value" and clause (b)(iv) of the definition of "Coverage Ratio", the Earn-Out Period Commencement Date shall be assumed to occur on March 15, 2003.

Related to Annual Fixed Fee

  • 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.

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

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

  • Base Fee means the amount of compensation mutually agreed upon for the completion of Basic Services.

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

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Annual User Fee – shall mean the fee established by the District for any person that is not a member and wishes to become a Non-Resident Member. The amount of the Annual User Fee is set forth herein, and that amount is subject to change based on Board action.

  • Hire Fee the hire fee specified in Item 13.

  • referral fee means any form of compensation, direct or indirect, paid for the referral of a client to or from a registrant.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • L/C Fee has the meaning specified in Section 2.03(i).

  • 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.

  • Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Annual Work Plan means each annual work plan, together with the related budget, for the Project approved by the Association pursuant to the provisions of Section I.B.3 of Schedule 2 to this Agreement.

  • Marketing Fee means the fees paid by Home Credit to Dealer/Provider to support the use of Home Credit’s Product;

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Base Management Fee means the base management fee, calculated quarterly in arrears, in an aggregate amount equal to the sum of (i) 25% per Quarter of the Fee Amount, plus (ii) 0.3125% of the Total Capitalization Value Increase for the preceding Quarter;

  • Annual Service Charge for any period means the maximum amount which is payable during such period for interest on, and the amortization during such period of any original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable during such period in respect of any Disqualified Stock.

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a,

  • Annualized as used herein shall mean the multiplication of the applicable amount for any given period by a fraction, the numerator of which is 365 and the denominator of which is the number of days elapsed in such period.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • HICP Daily Inflation Reference Index means (A) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula: