Disincentive Fee definition

Disincentive Fee means a financial disadvantage to the Vendor for failing to comply with the terms and conditions under the agreement, prior to HST;
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Examples of Disincentive Fee in a sentence

  • If the violation requires the payment of a Disincentive Fee, said fee shall be paid by Concessionaire within thirty (30) Days after receipt of the notice.

  • The imposition of a Disincentive Fee shall not operate to limit or otherwise affect County's rights under this Agreement, or at law or in equity, for Concessionaire's breach of this Agreement, or as a limit on County's damages for any breach except for those enumerated below.

  • Concessionaire waives any and all challenges and legal defenses to the validity of any Disincentive Fee amounts, including that the Disincentive Fees are void as penalties.

  • The Disincentive Fee for floors not maintained is two hundred fifty dollars ($250.00) per day, per each floor area (floor areas shall be designated by County) until cured.

  • The Disincentive Fee for a safety and security violation is five hundred dollars ($500.00) per occurrence.

  • An Excessive Disincentive Fee Violation shall be deemed to occur when Contractor receives in excess of five (5) Violations for the same category of service standards in any sixty (60) day period.

  • However, it will not be counted as an expense to the budgetary target for calculating the VENUWORKS Disincentive Fee as defined above.

  • The Disincentive Fee for an unkempt restroom is two hundred fifty dollars ($250.00) per occurrence.

  • The Disincentive Fee for Excessive Disincentive Fee Violation is one thousand dollars ($1,000.00) per occurrence.

  • The imposition of a Disincentive Fee shall not operate to limit or otherwise affect County's rights under this Agreement, or at law or in equity, for Contractor's breach of this Agreement, or as a limit on County's damages for any breach except for those enumerated below.

Related to Disincentive Fee

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Subordinated Incentive Fee means the fee payable to the Advisor under certain circumstances if the Shares are Listed, as calculated in Section 8.07.

  • Performance Fee means a performance fee in such amount as shall be agreed between the ICAV and/or the Manager and the Investment Manager which shall be disclosed in the Prospectus.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Management Fee has the meaning given in Section 4.1.