Transition Fee definition

Transition Fee means the fee paid by ESCO to NATIONAL GRID that is determined in accordance with the fee schedule set forth in Attachment C established pursuant to the methodology set forth in the Joint Proposal.

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Transition Fee means a one-time fee in an amount equal to $25,000, payable to the Backup Manager on the Payment Date immediately following its first appointment as replacement Manager in accordance with the terms of the Backup Management Agreement.

Transition Fee means a fee in the amount of $50,000 payable to the Backup Servicer in connection with a transfer of servicing from the Servicer to the Backup Servicer as the successor Servicer.

Examples of Transition Fee in a sentence

The Transition Fee shall be based on the number of tenants with active leases in such Property, including those tenants whose lease term and/or rental have not yet commenced, but who have executed leases with the applicable Owner Subsidiary, as of the Commencement Date of the applicable Investment Property Management Agreement.
NATIONAL GRID shall charge ESCO a Transition Fee and ESCO shall grant to NATIONAL GRID a right to offset and reduce any and all amounts (i) due and owing ESCO from NATIONAL GRID under a BSA/Security Agreement and (ii) due and owing from NATIONAL GRID to ESCO under this Agreement until the Transition Fee is paid in full.
If the amount on deposit in the Servicer Transition Fee Account is insufficient to cover all of the fees and expenses associated with the transition of the servicing functions or such monthly fees and expenses, no Person will be obligated to deposit any additional funds into the Servicer Transition Fee Account.
The Transition Fee shall be paid within thirty (30) days after execution of an Investment Property Management Agreement with respect to a particular Property by all parties thereto or within thirty (30) days after receipt of all leases and other documents necessary to perform a full set up of any Property, whichever is later.
The allocable portion of the Purchase Price (net of ▇▇▇▇▇▇▇ Money to be applied against the Purchase Price on the Third Closing Date, and subject to adjustment in connection with prorations, credits and charges hereunder) and, on the earlier to occur of the Third Closing Date or the Earlier Payment Date, the Transition Fee, payment of all of which shall be made by wire transfer of immediately available funds to the account of the Title Company.

More Definitions of Transition Fee

Transition Fee means the charges set forth in Section IX (Transition Fees) and Table C.1.1.a and C.1.2.a (Charges – US & Canada Retained) and (Charges – by Country Retained).

Transition Fee means those Fees for Transition Services as set out in Schedule C (Fees and Fee Methodology).

Transition Fee means the "Transition Fee" as defined under the Transition Agreement.

Transition Fee shall have the meaning set forth in Section 5.6(a) of Schedule C (Charges).

Transition Fee has the meaning set forth in Section 3.1.

Transition Fee means the fee payable to the Service Provider in the event that a Customer requires the transition of a Worker to the Public Sector Resourcing Framework from another source, whilst the Worker remains contracted directly with the Agency Provider;

Transition Fee means an amount equal to (i) $15,000,000; plus (ii) (x) 4 multiplied by (y) the Subject Fees; provided, that in no event shall the Transition Fee exceed an amount equal to (a) 4.5 multiplied by (b) the Subject Fees.