Monthly Management Fees definition

Monthly Management Fees means the monthly management fees payable by an Owner in respect of each Unit which he has the Right to Occupy, calculated in accordance with Clause 10.3(c);
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Monthly Management Fees. Monthly Management Fees shall be Ten (10) % of the total monthly gross receipts from the Premises, payable once per month; after tenant’s rents have cleared the bank; for the duration of this Agreement. Minimum monthly fee of Fifty Dollars ($50.00) per unit while Premises is rented. The term “gross receipts” shall be deemed to include all rents and other income and charges from the normal operation of the Premises, including, but not limited to, rents, parking receipts, laundry income, collected and/or forfeited security deposits, pet deposits and other fees and deposits and other miscellaneous income. Gross receipts shall NOT be deemed to include the special charges listed in Section 3 or interest on security deposits or income arising out of the sale of real property and items of a similar nature. If Owner approves or allows a tenant to pay partial rent or stay in the unit with unpaid rent, the Monthly Management Fee will be charged, as if the full rent was paid.
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Monthly Management Fees payable to FAT under the securitization transaction involving FAT Brands Twin Peaks I, LLC on or about the date hereof.
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Examples of Monthly Management Fees in a sentence

  • The Manager’s Remuneration shall be paid to the Manager in advance on the first day of each month of the Financial Year concerned by deductions made by the Manager from the Monthly Management Fees collected from the Owners.

  • To pay and discharge all taxes, rates and outgoings payable in respect of his Unit and to indemnify the other Owners against all liabilities in respect thereof Provided That all outgoings including Monthly Management Fees and Government rent payable in respect of a Unit up to and inclusive of the date of the first assignment of that Unit shall be paid by the First Owner.

  • Monthly Management Fees and Quarterly Incentive Fees shall be paid within fifteen (15) business days following the end of the period for which they are payable.

  • If the Management Fee is less than the Monthly Management Fees already charged then the General Partner will return the difference.

  • The Management Fees Deposit shall (subject to Clause 10.6) be non-refundable and shall not be set off by the Owner against Monthly Management Fees or any other amounts payable by him under this Deed.

  • To pay and discharge all taxes, rates and outgoings payable in respect of his Unit and to indemnify the other Owners against all liabilities in respect thereof Provided That all outgoings including Monthly Management Fees and Government rent payable in respect of a Unit up to and inclusive of the date of the first assignment of that Unit shall be paid by the First Owner (no Owner shall be required to make any payment or reimburse the First Owner for these outgoings).

  • Notwithstanding the above, if the OWNER terminates within the first ninety (90) days for any reason, all Monthly Management Fees earned will be returned to OWNER plus an additional $500.

  • Monthly Management Fees are a component of the monthly services fee for each Service Area.

  • The notice, if mailed (or delivered by electronic transmission in accordance with the applicable procedures of DTC) prior to the date of consummation of the Change of Control, shall state that the Change of Control Offer is conditioned on the Change of Control being consummated on or prior to the Change of Control Payment Date.

  • Monthly Management Fees and quarterly Incentive Fees shall be paid within fifteen (15) business days following the end of the period for which they are payable.

Related to Monthly Management Fees

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • 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.]

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

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

  • Annual Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Issuer and its Subsidiaries.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.