Technical Services Fee definition

Technical Services Fee means the Initial Technical Services Fee or Adjusted Technical Services Fee, as applicable.

Technical Services Fee shall have the meaning ascribed to it in Article 5.

Technical Services Fee means an amount, however described, whether periodical or lump sum, as consideration for the rendering of any managerial, technical, or consultancy services, including the services of technical or other personnel, but does not include employment income;

Examples of Technical Services Fee in a sentence

• The Technical Services Fee is payable regardless of whether the Vessels are subject to a Charter or whether the relevant Charterer has paid the relevant charter hire to the Company.

• The Manager hereby directs that the Technical Services Fee be paid by the Company directly to the Ship Manager.

• In determining the Fair Market Fee in respect of any newly acquired vessel, the arbitrator will be provided with the proposed Technical Services Fee of such vessel as discussed between the Company and the Manager, the anticipated costs of operating and managing such vessel for the next three-year period and any other information that the Company or the Manager may deem relevant.

• However, in circumstances where the Vessel is off-hire (whether or not subject to a Charter), there shall be an appropriate downward adjustment to the Technical Services Fee for any decrease in variable costs during such period.

• If such a difference exists or if there are no Vessels of a similar size already owned by the Company, the Company and the Manager shall negotiate in good faith a fair market Technical Services Fee for that Containership.

More Definitions of Technical Services Fee

Technical Services Fee means the Technical Services fee as set forth in Exhibit C, Fees, Section 3.B.IV.,

Technical Services Fee means the Initial Technical Services Fee or Adjusted Technical Services Fee, as applicable. “Technical Vessel Management Services” has the meaning ascribed to such term in Section 3.1.

Technical Services Fee as defined in Section 3.1. Term – as defined in Section 2.6. Trademarks – the trademarks, trade name, service marks and copyrights, marks, logos, symbols, know-how, trade dress, slogans and all similar proprietary rights associated with the Brand or any of the centralized services, including all derivations of any of the foregoing.

Technical Services Fee shall have the meaning set forth in Section 4(B).

Technical Services Fee has the meaning ascribed to such term in Section 8.5.

Technical Services Fee means any type of payments for any kind of administrative, technical or consultancy services but shall not include the payment of salary, wage to a payer employee.

Technical Services Fee means an amount whether periodical or lump sum as a consideration for –