Reset Fee definition
Examples of Reset Fee in a sentence
If Lessor fails to notify Tenant of its exercise of the Reset Option, and to pay to Tenant the Reset Fee and any interest due and owing thereon, on or prior to such 30th day, Lessor shall be deemed to have declined to exercise the Reset Option based upon the Reset Proposal Notice and Fair Market Rental and amended Exhibit C determinations relating thereto.
Special Requirements: None Installation Fee $0.00 Reset Fee (Lock Out Fee) Per Occurrence $75.00 Monthly LPP Fee $9.99 *Prices do not include taxes ;,,,, - r.
The Optional Reset will: (1)reset the Annual Increase Amount to the Account Value on the contract anniversary following the receipt of an Optional Reset election; (2)reset the GMIB Plus waiting period to the tenth contract anniversary following the date the Optional Reset took effect; and (3)reset the GMIB Plus rider charge to the then current level we charge for the same GMIB Plus rider at the time of the reset, up to the Maximum Optional Reset Fee Rate (not to exceed 1.50%).
If approved by Conferences and Events staff, there may be a Room Reset Fee applied to the reservation.
In the event that the Client should choose to keep an event outdoors in spite of the Hotel’s recommendation, a Reset Fee equivalent to $10 per person will be incurred for a double set of the weather backup location.
The effectiveness of this Loan and Security Modification Agreement is conditioned upon payment of the Covenant Reset Fee.
Councillor Hoddinott confirmed Grange Landfill was not operating at this time and it was hoped they never would.
Reset Fee 0.15% p.a. Calculated on the drawn balance of each Loan Account where the Reset Period is less than 3 months.
If furniture is moved, a Reset Fee may apply (please see Fee Schedule document).