Permitted Fees definition

Permitted Fees means fees payable by the Borrower in terms of (1) service level agreements up to a maximum of £200,000 per annum and (2) secondment fees of up to £500,000 per annum, details of which are to be included in the monthly financial reports provided pursuant to and in accordance with Clause 10.1.2; Permitted Financial Indebtedness means (a) finance leases entered into with third parties up to a value of £100,000 per annum, (2) foreign exchange contracts in respect of current or anticipated exposures for spend identified in the Business Plan, (3) any other financing arrangements existing at the date of this Agreement including the HCCI guarantee arrangements disclosed to the Scottish Ministers and (4) facilities for the provision of contract guarantees and related indemnities arising in the ordinary course of business;

Permitted Fees means fees payable by the Borrower in terms of (1) service level agreements up to a maximum of [Redacted-1] and (2) secondment fees of up to [Redacted-2] details of which are to be included in the monthly financial reports provided pursuant to and in accordance with Clause 10.1.2; Permitted Financial Indebtedness means (a) finance leases entered into with third parties up to a value of [Redacted-3], (2) foreign exchange contracts in respect of current or anticipated exposures for spend identified in the Business Plan, (3) any other financing arrangements existing at the date of this Agreement [Redacted-4] and (4) facilities for the provision of contract guarantees and related indemnities arising in the ordinary course of business;

Permitted Fees has the meaning set forth in Schedule 4;

Examples of Permitted Fees in a sentence

• CCC reserves the right to modify these Guidelines for Legal Counsel at any time 3.4.2 Permitted Fees.

• Amends Section 394.2101(a), Finance Code, by deleting existing text requiring that the dollar amounts be rounded to the nearest $100, except that the amounts of the fees and other charges specified in Section 394.210 (Permitted Fees) are required to be rounded to the nearest dollar.

• Permitted Fees and Charges ........................................................

• No broker's or finder's fee or commission or investment banking fee has been or will be payable, or asserted to be payable, by the Corporation with respect to the redemption of the Sellers Shares in accordance with the provisions of this Agreement as a result of any action by or on behalf of the Seller; provided, however, the Permitted Fees (as defined in the Stock Purchase Agreement) will be payable by International in connection with the transactions contemplated by the Stock Purchase Agreement.

• Except for the Permitted Fees, no broker's or finder's fee or commission or investment banking fee has been or will be payable, or asserted to be payable by any of the Purchasers, the Issuer, International or any of the Subsidiaries with respect to the purchase of the New Shares from the Issuer or the transactions contemplated by this Purchase Agreement as a result of any action by or on behalf of any of the Purchasers.

More Definitions of Permitted Fees

Permitted Fees has the meaning specified in the Preliminary -------------- Statements.

Permitted Fees means (i) management fees payable by members of the Group other than the Obligors to Relevant Persons under the terms of contractual arrangements in existence at the Completion Date (but not, unless the Agent (acting on the instructions of the Majority Banks) otherwise agrees, under any revision to such arrangements after the Completion Date or under any other arrangements) and (ii) secondment fees payable by members of the Group other than the Obligors to Relevant Persons from time to time in respect of the secondment of staff to the relevant Group members, provided that the amount of such secondment fees does not exceed the salaries and benefits of the staff so seconded;

Permitted Fees means fees payable (i) to Xxxxxxx X. Xxxxxxxxx, III in an amount not in excess of $350,000 per Fiscal Year for management services provided by Xx. Xxxxxxxxx to the Company and its Subsidiaries; (ii) to Xxxxx Xxxxx in an amount not in excess of $50,000 per Fiscal Year for consulting services provided by Xx. Xxxxx to the Company; (iii) to Xxxxxxx in an amount not in excess of $25,000 per Fiscal Year for management services provided by Xxxxxxx to the Company; (iv) to Caravelle in an amount not in excess of $50,000 per Fiscal Year for deferred financing fees in accordance with the purchase of the Shares; (v) to JHMLIC in an amount not in excess of $25,000 per Fiscal Year for management services provided by JHMLIC to the Company.

Permitted Fees means fees payable by [Redacted]

Permitted Fees means fees payable by the Borrower in terms of (1) service level agreements up to a maximum of [Redacted-1] and (2) secondment fees of up to [Redacted-2], details of which are to be included in the monthly financial reports provided pursuant to and in accordance with Clause 10.1.2; Permitted Financial Indebtedness means (a) finance leases entered into with third parties up to a value of [Redacted-3], (2) foreign exchange contracts in respect of current or anticipated exposures for spend identified in the Business Plan, (3) any other financing arrangements existing at the date of this Agreement including the [Redacted-4] disclosed to the Scottish Ministers and (4) facilities for the provision of contract guarantees and related indemnities arising in the ordinary course of business;

Permitted Fees means fees payable by the Borrower to certain Stockholders of a Credit Party or its Affiliates for those certain administrative services performed by the employees of such Stockholder or Affiliate on behalf of the Borrower pursuant to certain services agreements; provided that (i) such fees shall be payable monthly on the last Business Day of each Fiscal Month, (ii) the aggregate amount of such fees payable in any Fiscal Month shall not exceed the lesser of (x) such Affiliate or Stockholder’s cost to provide such administrative services and (y) $20,000 per Fiscal Month and (iii) no Default or Event of Default has occurred or is continuing as of the date such fees are paid or would result from the payment of such fees.

Permitted Fees means fees payable to the Development Managers pursuant to the Development and Construction Management Agreement or to the Operations Manager pursuant to the Operations Management Agreement or the Employee Service Provider pursuant to the Employee Services Agreement;