Basic Fees definition
Examples of Basic Fees in a sentence
For determination of the Architect’s Basic Fees, the Cost of the Work shall mean the cost to the Owner or, for any portion of the Project that is not completed, the agreed estimate of the cost to the Owner, of all elements of the Project designed or specified by the Architect.
If the Owner increases the Cost of the Work, the Designer’s Basic Fees shall be adjusted accordingly (per the Schedule of Basic Fee Rates).
SECTION 3.2 The Licensee shall pay to the Licensor all Basic Fees including Reservation Fees, and Additional Fees as set forth in Article I and Article IV.
It is mutually agreed that during any kind of controversy, claim, disagreement or dispute, including a dispute as to the validity of this Agreement, Operator shall remain in possession of the Hotel as Operator and shall be entitled to receipt of Basic Fees and Incentive Fees in accordance with the terms of this Agreement; and Owner and Operator shall continue their performance of the provisions of this Agreement.
Basic Fees shall be payable also for any period in which the Service is suspended or in which the Payment Terminal has not been used.
The total of all Basic Fees paid to the House Doctor under this Contract shall not exceed the Contract Amount.
Any such Basic Fees that are not paid by Owner during the period from the Effective Date through December 31, 1998 as a result of such subordination shall not be deemed to be earned by Operator.
Any such Basic Fees that are paid during the period from the Effective Date through December 31, 1998, in violation of such subordination shall not be deemed to be earned by Operator and shall be returned to Owner.
For clarification, the Basic Fees include CALPADS Reporting fees of $4,575.00 per month (i.e., $54,900 per annum).
Administrative Expense $ 158,100 Engineer Basic Fees $ 76,500 Project Inspection Fees $ 20,400 Sub-Total $ 255,000 Construction: Distribution $ 1,445,000 Construction Sub-Total $ 1,445,000 Totals $ 1,700,000 Sources of Funds Drinking Water SRF Loan $ 1,700,000 E.