Initiation fees definition

Initiation fees means those amounts paid solely to initially admit a person as a member to a club or organization. "Bona fide initiation fees" within the context of this rule shall include only those one-time amounts paid which genuinely represent the value of membership in a club or similar orga- nization. It shall not include any amount paid for or attribut- able to the privilege of receiving any goods or services other than mere nominal membership.
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Initiation fees. The term “Initiation Fees” shall mean an amount determined by the Board from time to time for each category of Membership required for admission into the Club, which will not be returned to a Person whose Membership is terminated for whatever reason.
Sample 1
Initiation fees means those amounts paid solely to initially admit a person as a member to a club or organization. "Bona fide initiation fees" within the context of this rule shall include only those one-time amounts paid which genuinely represent the value of membership in a club or similar orga-
Sample 1

Examples of Initiation fees in a sentence

  • Enter:a Initiation fees and capital contributions included on Part VIII, line 12 10ab Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities .

  • Enter:a Initiation fees and capital contributions included on line 9 39ab Gross receipts, included on line 9, for public use of club facilities 39b40a Section 501(c)(3) organizations.

  • Enter:a Initiation fees and capital contributions included on Part VIII, line 12 .

  • Initiation fees shall also be subject to payroll check-off upon receipt of a duly signed authorization from the employee.

  • Initiation fees shall be deducted on a biweekly basis for a time frame of twenty-six (26) pay periods.

  • Initiation fees will be deducted upon notification from the Union.

  • Initiation fees shall be deducted in the week following the end of their probationary period.

  • Initiation fees will be deducted in four equal amounts during the first four full pay periods worked by the employee.

  • FFCRA sections 3102(b) (adding FMLA section 110(a)(3)), 5111; CARES Act section 3611(1)–(2).

  • Initiation fees shall not exceed a total of $50.00 and shall only apply to employees hired after implementation of this subsection B.

Related to Initiation fees

  • 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.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

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

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.