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.

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

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.

• 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.

• 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.

• Applicants must propose a one-time Section 8 Transition Fee of at least $100 per public housing unit to cover the programmatic expenses associated with the transition of these units to Section 8, including on-site property management transition, back office conversion tasks, and HQS inspections.

More Definitions of Transition Fee

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.

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 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.

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

Transition Fee means those Fees for Transition Services as set out in Attachment F (Fees and Fee Methodology) of Exhibit 2.

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

Transition Fee means the base fee paid by Community College to Manager upon the Termination Date of this Agreement, if the Community College exercised the option to have Manager continue during a transition period as outlined in Section 15.