Primary Fee definition

Primary Fee means an amount, payable within 30 days after the end of ----------- each calendar quarter during the term of this Agreement, equal to the Allocated Percentage of Net Revenues, which amount shall not exceed (i) $500,000 for 1994 or (ii) the Allocated Percentage of $2,740,000 for any calendar year thereafter.
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Primary Fee means an amount, payable within 30 days after the end of each ----------- calendar quarter during the term of this Agreement, equal to the Allocated Percentage of Net Revenue, which amount shall not exceed (i) $500,000 for 1994, (ii) the Allocated Percentage of $2,740,000 for 1995, (iii) the Allocated Percentage of $3,240,000, for the period commencing as of January 1, 1996 through and including the second complete calendar quarter following the completion date of the expansion of the Greenhouse, and (iv) thereafter, the Allocated Percentage of $3,429,092.
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Examples of Primary Fee in a sentence

  • As additional contingent rent, Tenant shall pay to Landlord within ten business days of receipt thereof by Tenant any other amount owed to Tenant pursuant to the O&M Agreement including, without limitation, amounts paid with respect to a Primary Fee Deficiency or the Primary Fee Deficiency Balance.

  • Beginning on or before April 30, 1995 and thereafter by the 30th day after the end of each calendar quarter Tenant shall pay to Landlord as rent an amount equal to the Primary Fee.

  • Without limiting the foregoing, BGPII shall withdraw from the Reserve Account, annually, the lesser of (x) all of the funds in such account or (y) an amount equal to the sum of (i) the Primary Fee Deficiency for such year and (ii) an amount equal to the Primary Fee Deficiency Balance.

  • Cost of the WorksBasis of Fee CalculationFor projects up to R 366 000A Lump Sum or on a Time BasisWhere the cost of the works: Primary Fee Secondary feeExceeds (2) The following additional fee shall be applicable to the value of the reinforced concrete and structural steel portions of the works, inclusive of the costs of concrete, reinforcing, formwork, structural steel work and any pro-rata preliminary and general amounts.

  • CONTROL OF WORK - The Director of Public Works shall decide all questions which may arise as to quality of work, acceptability of materials, and conduct of the work, including, but not limited to, coordination and changes in plans, superintendence of work, control of equipment, and inspection of work.

  • Both ICC and RS Means provide “average” construction costs to assist jurisdictions in estimating the value of a project.The building permit fee is calculated by applying the determined project valuation or construction cost to the Primary Fee Table of the Fee Schedule.Sales tax is calculated by multiplying 50% of the determined project valuation, by the current city and county tax rate of 4.515%.The rates in effect at the time of permit issuance apply unless otherwise noted.

  • Without limiting the foregoing, BGP shall withdraw from the Reserve Account, annually, the lesser of (y) all of the funds in such account or (x) an amount equal to the sum of (i) the Primary Fee Deficiency for such year and (ii) an amount equal to the Primary Fee Deficiency Balance.

  • During the term of this ------------------------------- Agreement, Colorado Greenhouse shall pay the Primary Fee to WCR, on a timely basis.

Related to Primary Fee

  • Entry Fee means any fee paid to or received from an owner

  • Advisory Fee shall have the meaning given to it in Section 2.2(f) hereof.

  • Management Fee shall have the meaning set forth in Section 10(a).

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

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Hire Fee the hire fee specified in Item 13.

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

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Undrawn Fee a fee payable pursuant to Section 3.2 for each day of the related Collection Period equal to the product of (x) the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a, Impact Fees Act.

  • Program Fee is defined in the Fee Letter.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

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

  • L/C Fee has the meaning specified in Section 2.03(i).

  • 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.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Agency Fee means the fee payable by the Partner to Bolt per every event of sale of the Partner’s Goods through the Bolt Food Platform for the provision of agency services to the Partner. Agreed Percentage is the percentage agreed in the Special Terms that serves as the basis for the calculation of the Agency Fee.

  • Risk Management Fee means a value expressed in percentage per year, which forms the risk premium for the Issuer. The Initial Risk Management Fee for the First Trade Date is specified in § 1 of the Product and Underlying Data. The Calculation Agent adjusts the Risk Management Fee on each Adjustment Date acting in accordance with relevant market practice and in good faith to the current market circumstances so that the ratio of the Risk Management Fee to the relevant market parameters (especially volatility of the Underlying, liquidity of the Underlying, hedging costs and lending costs (if any)) remains substantially unchanged. The adjusted Risk Management Fee is valid during the period of the respective Adjustment Date (excluding) to the immediately following Adjustment Date (including). The Calculation Agent shall after its specification notify the valid Risk Management Fee in each case pursuant to § 6 of the General Conditions.

  • Base Fee means the amount of compensation mutually agreed upon for the completion of Basic Services.

  • Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, first mortgage broker or originator required to be licensed or registered pursuant to sections 36a-485 to 36a-498a, inclusive, as amended by this act, prior to the closing of a first mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;