Shared Services Fee definition

Shared Services Fee means the annual “Fee,” as such term is defined in the Services Agreement, payable to NRG as consideration for the Shared Services provided by NRG pursuant to the Shared Services Agreement, which upon the Petition Date shall be reduced to $84,000,000 on an annualized basis as set forth in the Restructuring Term Sheet.
Sample 1Sample 2Sample 3
Shared Services Fee means (i) prior to entry of the Confirmation Order, the annual “Fee,” as such term is defined in the Services Agreement, payable to NRG as consideration for the Shared Services provided by NRG pursuant to the Shared Services Agreement, which upon the Petition Date shall be reduced to $84,000,000 on an annualized basis as set forth in the Restructuring Term Sheet and (ii) from and after entry of the Confirmation Order, the “Services Fee” as such term is defined in the Transition Services Agreement, as applicable.
Sample 1Sample 2Sample 3
Shared Services Fee has the meaning set forth in Attachment B.
Sample 1

Examples of Shared Services Fee in a sentence

  • Each provision of this Agreement is intended to be severable from the others so that if, any provision or term hereof is illegal, invalid or unenforceable for any reason whatsoever, such illegality, invalidity or unenforceability shall not affect or impair the validity of the remaining provisions and terms hereof; provided, however, that the provisions governing payment of the Shared Services Fee described in Article VII hereof are not severable.

  • Shared Services Fee The annual “Fee,” as such term is defined in the Services Agreement, payable to NRG as consideration for the Shared Services provided by NRG pursuant to the Services Agreement, which upon the Petition Date shall be reduced to $84,000,000 on an annualized basis as set forth in the Restructuring Term Sheet.

  • This methodology should be documented and kept on record by the College.In addition, a Shared Services Fee is charged to auxiliaries to address auxiliary use of university-wide resources, such as human resources, accounting, legal, etc.

  • Pursuant to the RSA, the Shared Services Fee has been reduced to $84 million on an annualized basis for the duration of these Chapter 11 Cases.

  • The Shared Services Fee for the 2013-2014 fiscal year is 7.0% of total operating expenses (salary, OPS, operating expenses), except for student Activity & Service fees (A&S) and health fee-related activities for which the rate is at 5.5%.

  • Although GenOn (and not its subsidiaries) pays NRG, GenOn has allocated the Shared Services Fee among its direct and indirect subsidiaries.

  • The Shared Services Fee has never been adjusted even as GenOn has sold and retired power plants since the merger.

  • Purchaser’s obligation to pay either the Shared Services Fee or the Reimbursable Expenses shall survive the expiration of the Term.

  • To the extent that the Lennox Shared Services, the Lennox Shared Services Fee, the JV Shared Services, or the JV Shared Services Fees are modified, said modification shall be made by revising Exhibit A or Exhibit B, as applicable, and causing such revised Exhibit to be duly signed by the legal representatives of the Parties and setting forth the effective date of the modification.

  • Each of the Asset Management Fee and the Shared Services Fee shall be paid annually in arrears on a calendar year basis on the first (1st) Business Day of March during each year of the Term.

Related to Shared Services Fee

  • Shared Services means shared order filling or shared order processing, or both.

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

  • Shared Services Agreement means an agreement entered into between two or more municipalities, including the District Municipality, whereby the participating municipalities agree to share services described in the agreement;

  • Services Fees means the agreed upon fees in an Order for the Services Offerings.

  • Shared Service means any service, other than a Utility Service or a For Profit Affiliate Service, provided on a Cost Recovery Basis by a Utility to an Affiliate or by an Affiliate to a Utility.

  • Covered Services means all or a part of those medical and health services set forth in rule 441—86.14(514I).

  • Basic generation service transition costs means the amount by

  • 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.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Multiphase professional services contract means a contract for the providing of professional

  • Management Expenses means expenses, costs and charges necessarily and reasonably incurred in the management of the Development provided in this Deed which, except for the purpose of Clause 4.3 of Section IV of this Deed, shall include the Manager’s Remuneration;

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Transition Services Agreement means the transition services agreement substantially in the form attached hereto as Exhibit B.

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

  • Service Costs has the meaning ascribed thereto in Section 3.01.

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.

  • Program services means services that include all of the following provided they are pursuant to a program agreement: program needs assessment and development, job task analysis, curriculum development and revision, instruction, instructional materials and supplies, computer software and upgrades, instructional support, administrative and student services, related school to career training programs, skill or career interest assessment services and testing and contracted services.

  • Non-Covered Services means those vision care services which are not Covered Services under Plan Contract(s).

  • Managed Services means the services provided by a Client to End Users using the SaaS and Client’s intellectual capital and/or additional services supplied by Client.

  • Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

  • Transitional Services Agreement shall have the meaning ascribed in Section 6.12.

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

  • Operation and Maintenance Costs means the costs of:

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

  • Shared-use path means a bikeway that is physically separated from motorized vehicular traffic by