TDD Administrative Fee definition

TDD Administrative Fee means an annual amount which is equal to the greater of Five Thousand and 00/100 Dollars ($5,000.00) or one percent (1%) of the TDD Sales Tax proceeds deposited into the TDD Sales Tax Fund (as that term is defined in the Development Agreement), which is paid to the City for administrative expenses associated with the TDD.
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TDD Administrative Fee means the administrative fees to be paid to the City as set forth in Section 8.1 of this Agreement.
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Examples of TDD Administrative Fee in a sentence

  • To ensure accurate, complete and reliable data, the Sponsor or its representatives will provide instructional material to the site, as appropriate; instruct theinvestigator and study personnel on the CIP, the completion of the CRFs including CRF Instructions, and study procedures; communicate regularly with site personnel via mail, email, telephone, and/or fax; and make periodic monitoring visits to the site.

  • The annual Administrative Fee for the District shall be an amount equal to the greater of $5,000 per year or 1% of the TDD Sales Tax proceeds deposited into the TDD Sales Tax Fund hereunder from time to time during the Term and such TDD Administrative Fee shall be due and payable on the date the TDD Sales Tax is received by the City from DOR (provided that the TDD Act permits payment directly from the TDD Sales Tax, and if not, within thirty (30) days of demand therefor by the City).

  • It also provides for a TDD Administrative Fee in an amount equal to the greater of $5,000 or 1% of the TDD Sales Tax collected during any year of the Agreement.

  • As and when there are sufficient TDD Sales Tax revenues from the District to pay the TDD Administrative Fee, Developer hereby understands and agrees that such TDD Administrative Fee shall have first priority to available funds in the TDD Sales Tax Fund.

  • The City shall commit and pay to the Secretary the TDD Sales Tax proceeds generated from the TDD, less the City’s permitted TDD Administrative Fee, for payment of costs previously paid by the Secretary to the City for Eligible Expenses under the Act (being identified as Reimbursable Costs under this Agreement) until such time as the total amount of TDD Sales Tax remitted to the Secretary equals $11,000,000.00.

  • It provides for a TDD Administrative Fee in an amount equal to the greater of $5,000 or 1% of the TDD Sales Tax collected during any year of the Agreement.

  • As and when there are sufficient TDD Sales Tax revenues from the TDD District to pay the TDD Administrative Fee, Developer hereby understands and agrees that such TDD Administrative Fee shall have first priority to available funds in the TDD Sales Tax Fund.

  • Subject to the terms and conditions of this Second Amended and Restated Agreement, including without limitation, (a) the TDD Cap set forth in Section 4.04(b) below, (b) the TDD Administrative Fee, and (c) KDOT's rights to the first $11,000,000 of the TDD Sales Tax Proceeds as set forth in Section 4.04(a) below, Developer shall be reimbursed for eligible TDD Improvement Costs from and to the extent of the TDD Sales Tax Proceeds collected during the Term.

  • The Governing Body of the City hereby authorizes the project within the SWC 159th Street & US 69 TDD described on Exhibit C attached hereto (the “Project”) and determines the maximum cost of the Project to be financed with TDD Sales Tax (as defined below) is Thirty Two Million and Zero One Hundredths Dollars ($32,000,000.00), plus the TDD Administrative Fee as defined by, and imposed pursuant to, that certain Bluhawk Development Agreement between the City and the Developer.

  • The TDD Sales Tax shall be used from time to time to pay an administrative fee (the "TDD Administrative Fee") for the TDD District.

Related to TDD Administrative Fee

  • Administrative Fee is defined in Section 4.1(a).

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

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Administrative Cost Rate As of any date of determination, a rate equal to the sum of the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

  • General and Administrative Costs means reasonable, normal and customary expenses and costs paid or payable that are classified as general and administrative costs, including salaries and all other compensation to the management of the Borrower, consulting fees, salary, rent, supplies, travel and entertainment, insurance, accounting, legal, engineering and broker related fees, required to manage the affairs of the Borrower.

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Notice and Administration Costs means the costs, fees, and expenses that are incurred by the Claims Administrator and/or Lead Counsel in connection with: (i) providing notices to the Settlement Class; and (ii) administering the Settlement, including but not limited to the Claims process, as well as the costs, fees, and expenses incurred in connection with the Escrow Account.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.

  • 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.

  • Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing exclusions and objections, responding to inquiries from members of the Settlement Class, mailing Settlement checks, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

  • Administrative Agent Fee shall have the meaning assigned to such term in Section 2.05(b).

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Administrative User means any of Your employees, consultants, independent contractors or customers to whom You grant administrative permission to access the Services in accordance with Company’s entitlements and procedures and this Agreement (where “administrative permission” includes, but is not limited to, the right to create, modify and delete User accounts, as well as the right to access and modify Your billing information and other functionality available through Company’s administrative control panel).

  • Notice and Administration Expenses means all costs, fees, and expenses incurred in connection with providing notice to the Settlement Class and the administration of the Settlement, including but not limited to: (i) providing notice of the proposed Settlement by mail, publication, and other means to Settlement Class Members; (ii) receiving and reviewing claims; (iii) applying the Plan of Allocation; (iv) communicating with Persons regarding the proposed Settlement and claims administration process; (v) distributing the proceeds of the Settlement; and (vi) fees related to the Escrow Account and investment of the Settlement Fund.

  • Administrative Agent Fee Letter means that certain fee letter agreement that shall be entered into between the Borrower and the Administrative Agent in connection with the transactions contemplated by this Agreement, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

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

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Administrative Expense Cap An amount equal on any Payment Date (when taken together with any Administrative Expenses paid during the period since the preceding Payment Date or in the case of the first Payment Date, the period since the Closing Date), to the sum of (a) 0.025% per annum (prorated for the related Interest Accrual Period on the basis of a 360-day year and the actual number of days elapsed) of the Fee Basis Amount on the related Determination Date and (b) U.S.$250,000 per annum (prorated for the related Interest Accrual Period on the basis of a 360-day year consisting of twelve (12) 30-day months); provided that (1) in respect of any Payment Date after the third Payment Date following the Closing Date, if the aggregate amount of Administrative Expenses paid pursuant to Section 11.1(a)(i)(A), Section 11.1(a)(ii)(A) and Section 11.1(a)(iii)(A) (including any excess applied in accordance with this proviso) on the three immediately preceding Payment Dates and during the related Collection Periods is less than the stated Administrative Expense Cap (without regard to any excess applied in accordance with this proviso) in the aggregate for such three preceding Payment Dates, then the excess may be applied to the Administrative Expense Cap with respect to the then-current Payment Date; and (2) in respect of the third Payment Date following the Closing Date, such excess amount shall be calculated based on the Payment Dates preceding such Payment Date.

  • Administrative Agent’s Fee shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Administrative cost means a fee imposed to cover:

  • Lender Expenses are all audit fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses) for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise incurred with respect to Borrower.