Daily Fees definition

Daily Fees means, as of any date of determination, for any Loan, a per diem fee equal to the product of (a) the sum of (i) the greater of 1 Month SOFR on the Rate Transition Date (expressed as basis points per diem) and the Minimum SOFR Rate (expressed as basis points per diem) plus (ii) the applicable Tier Charge (expressed as basis points), multiplied by (b) the Cost Basis for such Loan.
Sample 1Sample 2
Daily Fees means, with respect to each Non-Portfolio Loan on any day, the product of (A) 1/365 and (B) the aggregate of the following (1) the product of (a) the greater of 1-Month SOFR (expressed as basis points) for such day and the Minimum SOFR Rate (expressed as basis points), multiplied by (b) Cost Basis of such Loan on such day plus (2) (a) the Tier Charge (expressed as basis points) with respect to such Loan; it being understood that Non-Portfolio Loans outstanding on any day will be allocated to each Tier on each day in chronological order such that Non-Portfolio Loans with an earlier origination date will be allocated as Tier 1 Loans until the aggregate outstanding principal balance of Non-Portfolio Loans so allocated as Tier 1 Loans equals the maximum principal balance for such tier, then the remaining unallocated Non-Portfolio Loans with the earliest origination dates will be allocated as Tier 2 Loans until the aggregate outstanding principal balance of Non-Portfolio Loans so allocated equals the maximum principal balance for such tier.
Sample 1Sample 2
Daily Fees has the meaning set forth in Section 4.1.
Sample 1Sample 2

Examples of Daily Fees in a sentence

  • Any applicable income tested care fees, Basic Daily Fees and any additional services fees will be collected by the service provider as per usual.Services Australia will automatically deduct the income tested care fee from the payment made to providers, for care recipients who are assessed as needing to pay it.

  • B101 Minimum Daily Fees for On-Camera Performers (per Performer, Except Background Performer) The rates and fees are based on an eight (8) hour day.

  • If occupancy is not taken by such time, the resident shall accept financial responsibility for the Living Accommodation and pay the balance of the Entrance Fee, balance of any Non-Standard Costs, and begin paying the applicable Monthly / Daily Fees beginning with the 30th day after the date the Living Accommodation is available for occupancy, unless this Agreement is terminated prior to the 30th day after the date the Living Accommodation is available for occupancy.Adjustments To Fees.

  • Daily Fees shall be charged for all General Aviation aircraft parked in the common use aircraft ramp areas (as such areas are designated from time to time by Director of Aviation) in excess of eight (8) consecutive hours in any twenty-four (24) hour period.

  • The Daily Fees payable by the Purchaser under this Agreement shall be calculated in accordance with the current St Andrew’s Fees Charges in force from time to time, subject to any requirement for additional funding regarding the provision of services to any patient where that service is excluded from the daily rate quoted in the St Andrew’s Fee Charges.

  • Daily Fees: Listed under Recreation Department Fees - 2019: Programs.

  • Upon termination of this Agreement, Client shall pay to Consultant the Daily Fees for the number of days worked by Consultant up to the effective day of termination.

  • The aggregate amount of all such Daily Fees payable pursuant to this Section, as of any relevant time of determination, shall be referred to as the “Delay Fee”.

  • Innovex shall invoice Customer monthly for all Daily Fees, Take-on Fees and Pass-Through Expenses.

  • In addition to Client’s payment of the Daily Fees, Client shall reimburse Consultant for Consultant’s direct out-of-pocket third party costs and expenses incurred in connection with Consultant’s performance of the Services plus a 12% surcharge for third party reimbursable expenses, including Consultant’s employee costs and expenses (collectively, the “Reimbursable Costs”).


More Definitions of Daily Fees

Daily Fees as used in this Agreement shall mean the consulting fees paid or to be paid to the Consultant based upon the Daily Rates for services provided hereunder (exclusive of any costs, expenses, disbursements and other amounts that are reimbursable to the Consultant under this Agreement). Client acknowledges that the Daily Rates hereinabove set forth represent a substantial discount from Consultant's regular hourly rates and that the Bonus amounts referenced in Sections 9 and 10 hereof, and the equity compensation referred to in Section 11 hereof, represent a mechanism for Consultant, upon achieving identified results or milestones, to realize its full rates and additional incentive compensation for the successful performance of its Consulting Services. The Consultant's personnel will work as many hours/days as is necessary in order to complete the Consulting Services. The Client agrees that: (i) eight hours of work by an individual consultant on a given day will result in billing for that individual consultant for an entire day, (ii) the Consultant will invoice at its Daily Rates in increments of one-twentieth of a (minimum) eight-hour day, and (iii) the Consultant will invoice for the time that its personnel (including staff consultants and any Qualified Contractors retained pursuant to Section 5 below) expend in traveling in the course of performing the Consulting Services, including time spent traveling to and from the Client's business locations from and to the Consultant's headquarters location and the respective home locations of such personnel. Consultant shall obtain Client's approval prior to incurring any such travel expenses.
Sample 1
Daily Fees means the daily fees associated with the fee structure you selected in the IPAF and calculated in accordance with Section 4 of this Fee Schedule;
Sample 1
Daily Fees shall be limited to the fees charged by Licensee to the Tribal Casinos for the Bally Games under its software agreements within the Territory, and shall not include any rents, hardware maintenance fees or other payments charged by Licensee under its equipment agreements, hardware maintenance agreements or other agreements within the Territory. In addition to the foregoing, the Daily Fees paid by Licensee to Licensor during any month shall not exceed 1.75% of the "Net Revenues" for the applicable Tribal Casino. "Net Revenues" shall mean gross revenues from the Bally Games running on the Licensed Products at the Tribal Casinos, less prizes paid and refunds (i.e, bona fide return of xxxxxx due to game or system malfunction which are paid by either Licensee or the Tribal Casinos according to reasonable and customary business practices). Further, Licensee shall pay certain additional royalty fees which Licensor may be obligated to pay to third parties, as further specified on Exhibit "C." All Daily Fees under this Section 5.03 shall be paid to Licensor by Licensee on the last day of the month for any and all Daily Fees accruing during the prior month.
Sample 1

Related to Daily Fees

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Facility Fees has the meaning provided in Section 2.11(a).

  • L/C Fees has the meaning set forth in Section 3.4(c).

  • Unused Fees has the meaning assigned to such term in the Lender Fee Letter.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

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

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Late Fees shall have the meaning set forth in Section 2(d).

  • Ancillary Fees With respect to any Serviced Loan, any and all demand fees, beneficiary statement charges, fees for insufficient or returned checks and other usual and customary charges and fees (other than Modification Fees, Consent Fees, Penalty Charges, Assumption Fees, assumption application fees and defeasance fees) actually received from the related Mortgagor.

  • Audit fees means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for the audit of our annual financial statements.

  • Daily means a 24 hour period commencing at 00.00 hours.

  • Advisory Fees means financial advisory fees, closing fees, transaction fees, monitoring fees, oversight fees and similar fees, expenses and indemnities payable by the Loan Parties pursuant to the Advisory Agreement, but in the case of any such fees not to exceed the amounts payable in respect thereof under the Advisory Agreement as in effect on the Closing Date.

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

  • Fees means all amounts payable pursuant to, or referred to in, Section 4.1.

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.

  • Tax fees means the aggregate fees billed in each of the last two fiscal years for professional services rendered by the Company’s external auditor for tax compliance, tax advice and tax planning.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Transaction Fees means fees paid or payable by the Service Recipients, which are on market terms, with respect to financial advisory services ordinarily carried out by investment banks in the context of mergers and acquisitions transactions.

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.

  • Program Fee As defined in the Fee Letter.

  • Services Fees means the agreed upon fees in an Order for the Services Offerings.

  • Admin Fees means the costs incurred by the Authority in dealing with MI Failures calculated in accordance with the tariff of administration charges published by the Authority;