Compensation for Services Provided. As compensation for providing portfolio supervisory services in its capacity as Portfolio Supervisor, evaluation services in its capacity as Evaluator, and for providing bookkeeping and other administrative services to the Trust of a character described in Section 26(a)(2)(C) of the Investment Company Act of 1940, and to the extent that such services are in addition to, and do not duplicate, the services to be provided hereunder by the Trustee, First Trust Advisors L.P. shall receive, in arrears, against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the per Unit amount set forth in Part II of the Trust Agreement for the Trust, calculated based on the largest number of Units outstanding during the calendar year, except during the initial offering period as determined in Section 4.01 of this Indenture, in which case the fee is calculated based on the largest number of Units outstanding during the period for which the compensation is paid (such annual fee to be pro rated for any calendar year in which First Trust Advisors L.P. provides services described herein during less than the whole of such year). Such fee may exceed the actual cost of providing such services for the Trust, but at no time will the total amount received for such services rendered to unit investment trusts of which the Depositor is the sponsor in any calendar year exceed the aggregate cost to First Trust Advisors L.P. of supplying such services in such year. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase after the date hereof in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index, if such index should no longer be published. The consent or concurrence of any Unit holder hereunder shall not be required for any such adjustment or increase. Such compensation shall be paid by the Trustee, upon receipt of an invoice therefor from First Trust Advisors L.P., which shall constitute the representation by First Trust Advisors L.P. that the bookkeeping and administrative services for which compensation is claimed are properly compensable hereunder and that the aggregate cost incurred by First Trust Advisors L.P. of providing portfolio supervisory, evaluation and bookkeeping and administrative serv...
Compensation for Services Provided. A. Contractor will be compensated exclusively by Detroit Medical Center for authorized services rendered in accordance with the following schedule: Xxxxx Den Uyl, Managing Director - $525/hour Xxxx Xxxxx, Director - $425/hour Xxxxx Xxxxxxx, Director - $425/hour Xxxxx Xxxxxx, Associate - $235/hour Department’s contract with DMC shall require DMC to pay Contractor a retainer in the amount of $25,000 to cover fees and out of pocket expenses of Contractor. The retainer is not a substitute for DMC’s timely payment of fees and out of pocket expenses. The retainer shall be paid to Contractor before Contractor is obligated to perform any work in respect of the review. At the completion or earlier termination of the work in respect of the review, without further authorization from Department, Contractor may apply the retainer to any unpaid fees, out of pocket expenses and other charges due Contractor, and any amount of the retainer that is not required to pay Contractor’s fees, out of pocket expenses, or other charges will be refunded to DMC at such time. Department acknowledges that: (i) the retainer will not be held in a separate account and may be deposited into Contractor’s general operating account and (ii) neither DMC nor Department is entitled to any interest on the retainer. The cost of secretarial and clerical employees utilized by Contractor is part of Contractor’s agreed upon fee and such services will not be separately billed to the Department for payment by the DMC. No other additional compensation shall be allowed except by prior written permission from the Department.
Compensation for Services Provided. A. Contractor will be compensated exclusively by LifePoint for delivery of Expert’s written report and opinion for each of the Transactions (collectively, the “Opinions”). Department’s contract with LifePoint shall require LifePoint to pay Contractor a single fixed fee of $100,000 (the “Opinion Fee”) for all Expert Services related to both Transactions upon delivery of both Opinions. The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Opinion Fee and such services will not be separately billed to the Department for payment by LifePoint. The Opinion Fee shall further include compensation for necessary travel time expended in the performance of the services covered by this Agreement. Contractor’s Expert Services will be provided in accordance with this Agreement and Exhibit A attached hereto.
Compensation for Services Provided. A. Contractor will be compensated by Buyer for delivery of Expert’s written report for the Transaction (the “Report”). Department’s contract with Buyer shall require Buyer to pay Contractor a fee which is estimated to be between $57,000 and $77,000 (the “Expert Fee”) for all Expert Services related to the Transaction upon delivery of the Report. The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Expert Fee and such services will not be separately billed to the Department for payment by Buyer. The Expert Fee shall further include compensation for necessary travel time expended in the performance of the services covered by this Agreement. Contractor’s Expert Services will be provided in accordance with this Agreement and Exhibit A attached hereto.
Compensation for Services Provided. A. Contractor will be compensated exclusively by Buyer for delivery of SRR’s written report and opinion for the Transaction (the “Opinion”). Department’s contract with Buyer shall require Buyer to pay Contractor a retainer in the amount of $37,500 to cover professional fees and out-of-pocket expenses of Contractor for all Expert Services related to the Transaction prior to the delivery of the Opinion. The retainer is not a substitute for Xxxxx’s timely payment of fees and out of pocket expenses. The retainer shall be paid to Contractor before Contractor is obligated to perform any work in respect of the review. At the completion or earlier termination of the work for the review, without further authorization from Department, SRR may apply the retainer to any unpaid fees, out of pocket expenses and other charges due SRR in accordance with this Agreement, and any amount of the retainer that is not required to pay SRR’s fees, out of pocket expenses, or other charges in accordance with this Agreement will be refunded to Buyer at such time. Department acknowledges that: (i) the retainer will not be held in a separate account and may be deposited into SRR’s general operating accounts and (ii) Buyer is not entitled to any interest on the retainer. Contractor’s professional fees for all services described in this Agreement and Exhibit A hereto shall be a fixed fee of $75,000 (the “Opinion Fee”). The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Opinion Fee and such services will not be separately billed to the Department for payment by Buyer. The Opinion Fee shall further include compensation for necessary travel time expended in the performance of the services covered by this Agreement. Contractor’s Expert Services will be provided in accordance with this Agreement and Exhibit A attached hereto.
Compensation for Services Provided. A. The Expert Contract will specify an Opinion Fee of $100,000 for Expert Services related to both Transactions, payable upon delivery of both Opinions.
Compensation for Services Provided. A. Contractor will be compensated exclusively by Buyer for delivery of Expert’s written report and opinion for the Transaction (the “Opinion”). Department’s contract with Buyer shall require Buyer to pay Contractor $65,000 (the “Opinion Fee”) for all Expert Services related to the Transaction specificed in Exhibit A, Paragraph 1 upon delivery of the Opinion. The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Opinion Fee and such services will not be separately billed to the Department for payment by Buyer. The Opinion Fee shall further include compensation for necessary travel time expended in the performance of the services covered by this Agreement. Contractor’s Expert Services will be provided in accordance with this Agreement and Exhibit A attached hereto. If requested, the other potential services identified in Exhibit A, Paragraph 2 will be billed at the Expert’s standard hourly rates.
Compensation for Services Provided. The total amount of compensation for services and expenses during the term of the Contract shall not exceed the contract value set forth on the Contract, unless otherwise amended by a contract addendum.
Compensation for Services Provided. A. The SRR Contract will specify a fixed-fee of $150,000(the “Fixed-Fee”) (excluding expenses reimbursable under the SRR Contract). DLP agrees to pay for all compensation and reimbursement of expenses payable to the Expert in accordance with this section and the SRR Contract, provided that DLP’s maximum liability for payment of services rendered by Expert is unconditionally capped at $200,000.
Compensation for Services Provided. A. Contractor will be compensated exclusively by DLP for authorized services rendered in accordance with this Agreement. Department’s contract with DLP shall require DLP to pay Contractor a retainer in the amount of $75,000 to cover fees and out of pocket expenses of Contractor. The retainer is not a substitute for DLP’s timely payment of fees and out of pocket expenses. The retainer shall be paid to Contractor before Contractor is obligated to perform any work in respect of the review. At the completion or earlier termination of the work for the review, without further authorization from Department, Expert may apply the retainer to any unpaid fees, out of pocket expenses and other charges due Expert in accordance with this Agreement, and any amount of the retainer that is not required to pay the Expert’s fees, out of pocket expenses, or other charges in accordance with this Agreement will be refunded to DLP at such time. Department acknowledges that: (i) the retainer will not be held in a separate account and may be deposited into Expert’s general operating accounts and (ii) DLP is not entitled to any interest on the retainer. The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Fixed-Fee (as defined in subsection 4.C) and such services will not be separately billed to the Department for payment by DLP. No other additional compensation shall be allowed except by prior written permission from the Department provided that DLP’s maximum liability for payment of services rendered (not including expenses) by Expert is capped at $200,000.
