Unearned fee definition

Unearned fee means any contract or arrangement entered into by a licensee to provide a person with a credit, gratuity, commission, professional discount or wage in consideration for the referral of a patient by that person to the physical therapist.
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Unearned fee means the Fees advanced to the Distributor hereunder, reduced by an amount equal to the product of the Fees actually paid and a fraction, the numerator of which is equal to the Total Orders, net of returns and allowances, for the period in question, and the denominator of which is the Target Level for the period in question. For purposes of this Agreement, an "Order" shall mean an order for product from the Company's Product Line placed by Distributor which shall be deemed received and counted toward achieving a Target Level upon acceptance by the Company and receipt by the Company of payment in full or an irrevocable letter of credit for the full amount of the invoice price for the products purchased in such order, subject to reduction for returns and allowances, other than returns, allowances or orders cancelled by a customer of the Distributor solely as a result of the failure of the Company to fill such order in a commercially reasonable time and
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Examples of Unearned fee in a sentence

  • Unearned fee will not be available for future performance periods.

  • Replacement teacher recruitment is currently ongoing on a rolling basis.

  • Unearned fee that is not forfeited for failures to meet contract or performance- based incentive requirements shall be accrued, if appropriate, or recorded as a commitment.

  • Unearned fee in a given period is lost and cannot be reassessed or moved into subsequent fee evaluation periods for consideration.

  • Unearned fee and commission are included under Other Liabilities.

  • Unearned fee claims accounted for 49 of the 56 eligible claims and 23 percent of the total amount reimbursed by the fund.

  • Unearned fee claims can be difficult to evaluate, particularly when the attorney provided a portion of the services requested.

  • Unearned fee claims accounted for 149 of the 175 eligible claims and 34.5 percent of the total amount reimbursed by the fund.

  • Unearned fee in any given period shall not be carried forward or “rolled-over” in subsequent periods.

  • Unearned fee (for subjective or PBI’s) will NOT be rolled over into any future evaluation periods or any other performance objectives.

Related to Unearned fee

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.