Secondment Fee definition

Secondment Fee has the meaning set forth in Section 3.1(a).
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Secondment Fee is defined in Section 3.11.
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Examples of Secondment Fee in a sentence

  • Hess will use commercially reasonable efforts to maintain an allocation schedule reflecting the direct and indirect costs that are included in the calculation of the Secondment Fee.

  • The General Partner and its representatives will have the right to audit such records and such other records as the General Partner may reasonably require in connection with its verification of the Secondment Fee during regular business hours and on reasonable prior notice.

  • The Parties acknowledge and agree that the Secondment Fee is intended to cover the total cost of employing the Seconded Employees during the Period of Secondment (the “Total Services Costs”) to the extent such Total Services Costs are attributable to the provision of the Employee Functions.

  • The costs and expenses included in the Secondment Fee remain the primary legal responsibility of the General Partner as the co-employer of the Seconded Employees during the Secondment Period.

  • To the extent that the amount of any cost or expense, once known, varies from the estimate used for determining the Secondment Fee hereunder, the difference, once determined, shall be added to or subtracted from the Secondment Fee for the following year.

  • In the event the General Partner terminates the Employee Functions, the General Partner shall, or shall cause another member of the Public Company Group to, pay Hess the applicable monthly portion of the Secondment Fee for the last month (or portion thereof) in which it received Employee Functions.

  • The Secondment Fee shall be payable in equal monthly installments on or before the first day of each calendar month during the Term (or if such day is not a business day, the next succeeding business day).

  • On or prior to January 1 of each calendar year during the term of this Agreement, Hess will provide the General Partner with an estimate of the Secondment Fee for the succeeding calendar year, and such Secondment Fee will be invoiced to the General Partner in accordance with Section 3.1(d).

  • Any resultant change in the time commitment required of the Secondee under Clause 2.2 shall be reflected in a pro rata amendment to the Secondment Fee under Clause 7.1 (i.e. if the Secondee is required to increase his time commitment from 40% to 50% then the increase in time is 25% and the Secondment Fee shall be so increased).

  • On or prior to January 1 of each calendar year during the term of this Agreement, Hess will provide the General Partner with an estimate of the Secondment Fee for the succeeding calendar year, and such Secondment Fee will be invoiced to the General Partner in accordance with this Section 3.1(c).

Related to Secondment Fee

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

  • Joint Fee Letter means the Joint Fee Letter, dated July 20, 2021, among the Borrowers, Citibank, Bank of America, JPMorgan, and certain of the Arrangers.

  • Initial Fee means any applicable one-off initial or installation fee, as may be stated in an Order;

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

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

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Pupil fee means a fee, deposit or other charge imposed on pupils, or a pupil’s parents or guardians, in violation of Section 49011 of the Education Code and Section 5 of Article IX of the California Constitution, which require educational activities to be provided free of charge to all pupils without regard to their families’ ability or willingness to pay fees or request special waivers, as provided for in Hartzell v. Connell (1984) 35 Cal.3d 899. A pupil fee includes, but is not limited to, all of the following:

  • Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one-fourth of 1.50% of the Company’s Equity.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

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

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

  • Hire Fee the hire fee specified in Item 13.

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

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Upfront Fees means, with respect to any Receivable, the sum of any fees charged by Holdings or the Receivables Account Bank, as the case may be, to a Receivables Obligor in connection with the disbursement of a loan, as set forth in the Receivables Agreement related to such Receivable, which are deducted from the initial amount disbursed to such Receivables Obligor, including the “Origination Fee” set forth on the applicable Receivable Agreement.

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

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

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Processing Fee means in relation to a Transaction Summary delivered:

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

  • Annual Fee has the meaning stated in Section 4.02(a).

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