Qualified Fees definition
Qualified Fees means, to the extent earned on a current basis (i.e. expected to be paid or settled in 30 days but excluding any payments made with Equity Interests) and are not deferred (except as set forth in (vii) below) by (a) the Borrower, (b) a wholly-owned Subsidiary of the Borrower or (c) a majority owned Subsidiary of the Borrower in which the Borrower, directly or indirectly, has the sole discretion to distribute any Qualified Fees at such Subsidiary to the Borrower (for clarification purposes, with respect to any non-wholly owned Subsidiary, only the pro rata portion of those fees that can be distributed to the Borrower shall constitute Qualified Fees for the purposes hereunder), all amounts consisting of the following: (i) property management fees, (ii) asset management fees, (iii) leasing commissions, (iv) tenant improvement oversight fees, (v) property acquisition fees, (vi) property financing fees and (vii) deferred asset management fees; provided that if the Qualified Fees attributable to the fees incurred with respect to clauses (v), (vi) and (vii) above accounts for more than 40% of the aggregate Qualified Fees, the amount of such property acquisition fees, property financing fees and deferred asset management fees that exceed such limit shall be deducted from Qualified Fees. With respect to a transaction that constitutes the acquisition of any Person or any management contracts, for the purpose of calculating Total Asset Value and Unencumbered Asset Value for the quarter during which the acquisition occurs and each of the next three full fiscal quarter periods subsequent to such acquisition, the Qualified Fees with respect to the acquired Person or management contracts, if any, shall be determined as follows: (1) for the quarter in which such acquisition occurs, the Qualified Fees for the last full quarter period prior to such acquisition multiplied by four, (2) for the first full quarter period subsequent to such acquisition, the actual Qualified Fees for such quarter multiplied by four, (3) for the first two full quarter period subsequent to such acquisition, the actual Qualified Fees for such two quarter period multiplied by two and (4) for the first three full quarter period subsequent to such acquisition, the actual Qualified Fees for such three quarter period multiplied by 4/3.
Qualified Fees means, to the extent earned on a current basis (i.e. expected to be paid or settled in 30 days but excluding any payments made with Equity Interests) and are not deferred (except as set forth in (vii) below) by (a) the Borrower, (b) a wholly-owned Subsidiary of the Borrower or (c) a majority owned Subsidiary of the Borrower in which the Borrower, directly or indirectly, has the sole discretion to distribute any Qualified Fees at such Subsidiary to the Borrower (for clarification purposes, with respect to any non-wholly owned Subsidiary, only the pro rata portion of those fees that can be distributed to the Borrower shall constitute Qualified Fees for the purposes hereunder), all amounts consisting of the following: (i) property management fees, (ii) asset management fees, (iii) leasing commissions, (iv) tenant improvement oversight fees, (v) property acquisition fees, (vi) property financing fees and (vii) deferred asset management fees; provided that if the Qualified Fees attributable to the fees incurred with respect to clauses (v), (vi) and (vii) above accounts for more than 40% of the aggregate Qualified Fees, the amount of such property acquisition fees, property financing fees and deferred asset management fees that exceeds such limit shall be deducted from Qualified Fees. With respect to a transaction that constitutes the acquisition of any Person or any management contracts, for the purpose of calculating Total Asset Value and Unencumbered Asset Value for the quarter during which the acquisition occurs and each of the next three full fiscal quarter periods subsequent to such acquisition, the Qualified Fees with respect to the acquired Person or management contracts, if any, shall be determined as follows: (1) for the quarter in which such acquisition occurs, the Qualified Fees for the last full quarter period prior to such acquisition multiplied by four, (2) for the first full quarter period subsequent to such acquisition, the actual Qualified Fees for such quarter multiplied by four, (3) for the first two full quarter period subsequent to such acquisition, the actual Qualified Fees for such two quarter period multiplied by two and (4) for the first three full quarter period subsequent to such acquisition, the actual Qualified Fees for such three quarter period multiplied by 4/3.
Qualified Fees means the Fall 2010 qualified fees certified by each respective Alabama public Eligible Educational Institution as incorporated into the Class Action Settlement Agreement, plus any increases by the Adjustment Rate that might be approved from time to time.
Examples of Qualified Fees in a sentence
Qualified Fees are fees charged by the owners of non-REV ATMs (also known as “surcharge fees) that are less than $10 per the following ATM transactions; (a) withdrawals of at least $10.; (b) balance inquiries; or (c) balance transfer.
Qualified Fees are fees charged by the owners of non-REV ATMs (also known as “surcharge fees) that are less than $10.00 per the following ATM transactions; (a) withdrawals of at least $10.00; (b) balance inquiries; or (c) balance transfer.
Qualified Fees are fees charged by the owners of non- REV ATMs (also known as “surcharge fees) that are less than $10.00 per the following ATM transactions; (a) withdrawals of at least $10.00; (b) balance inquiries; or (c) balance transfer.
Tuition and Qualified Fees: Actual to a Maximum of 18 GraduateCredit Hours per Academic Year$11,991Stipend$5,200University Service Fee$60Health Insurance Fee$1,100Total for 2015-16$18,351 (3) Intensive English Program (IEP): Selected applicants who need to raise their TOEFL scores to qualify for an undergraduate or graduate course can study IEP at USI for about one year.
More Definitions of Qualified Fees
Qualified Fees means those fees approved by the Board which are required as a condition of enrollment for all students attending the Eligible Educational Institution in which the Beneficiary is enrolled and is limited to the following: Building Fee, Facility Fee, Technology Fee, Learning Resource Fee, Administrative Fee, Registration Fee, Instructional fee, Library Fee, Bond Surety Fee, and General University Fee..
Qualified Fees in the corresponding alphabetical order:
Qualified Fees means those fees approved by the Board which are required as a condition of enrollment for all students attending the Eligible Educational Institution in which the Beneficiary is enrolled and is limited to the following: Building Fee, Facility Fee, Technology Fee, Learning Resource Fee, Administrative Fee, Registration Fee, Instructional Fee, Library Fee, Reserve Fund Fee, and General University Fee. A baseline for payment of each fee is established as of September 30, 2009, to be used in calculating future increases of 2.5% annually unless the actual increase is less. If PACT Trust Fund annual earnings (on September 30) increase by more than 5% in two consecutive years, the fee increase in the third year will be the lesser of the actual increase or 2.5% plus the excess return of the first year, provided the Trust Fund’s funded status has not fallen below 90%. Fee increases for the University of Alabama Systems and Auburn University Systems will be based on actual charges.
Qualified Fees means (i) legal, accounting, investment banking, advisory, brokerage, administrative, issuance, up-front, placement, structuring, commitment, underwriting, financing, "due diligence", rating agencies or similar fees, commissions, disbursements and expenses (whether or not referred to as fees, commissions, disbursements or expenses), breakage cost, increased interest rate as a result of an event of default, amortization event or payment prior to stated maturity (based on the original amortization or repayment schedule of the relevant indebtedness), prepayment penalties or fees and similar costs incurred or agreed to be paid or reimbursed by Seller Entities in connection with the transactions contemplated by this Agreement, the DIP Asset-Backed Fleet Financing, the DIP Financing, the DIP L/C Rollover, the Additional DIP Asset-Backed Fleet Financing, any other post-Petition financing or extension of credit or the Chapter 11 Cases or otherwise payable in connection with the prepayment of any of the Assumed Indebtedness, the DIP Asset-Backed Fleet Financing or the Additional DIP Asset-Backed Fleet Financing, or on account of the fees and expenses, including the fees and expenses of attorneys and professionals, of the Indenture Trustees of (a) the 9 1/8% Senior Notes Due 2006, (b) the 6.85% Convertible Subordinated Notes, Series B, Due 2007, and (c) the Remarketable Term Income Deferrable Equity Securities Due 2028, (ii) an amount equal to the insurance premiums (net of unearned premiums paid in respect of directors' and officers' liability insurance that constitutes an Excluded Asset and are credited to insurance premiums in respect of the D&O Policy (as defined below)) paid by Seller Parties prior to Closing for new directors' and officers' liability insurance (such insurance being referred to as the "D&O Policy") and (iii) subject to RSI and Seller entering into a settlement agreement providing, among other things, for an unconditional release of Seller and its affiliates from any and all Liabilities relating to or arising from the Action referred to in Section 2.3(q) and the subject matter thereof prior to the Closing (the "Ryder Settlement"), in an amount not exceeding $1,250,000, representing a payment to RSI in connection with the Ryder Settlement."
Qualified Fees means those fees approved by the Board which are required as a condition of enrollment for all students attending the Eligible Educational Institution in which the Beneficiary is enrolled.