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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.
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

Examples of Unearned fee in a sentence

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

  • Unearned fee is not available to be earned in any subsequent evaluation period.

  • Unearned fee and commission are included under Other Liabilities.

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

  • Unearned fee income represents the element of fees invoiced but not yet earned.

  • Gross loans Unearned fee income 6,862,335(41,726) 6,834,125(37,468) 6,862,335(41,726) 6,834,125(37,468)Gross loans and advances after unearned fee incomeLess: Expected credit losses6,820,608(202,413)6,796,657(287,962)6,820,608(202,413)6,796,657(287,962) 6,618,1956,508,6956,618,1956,508,695Please refer to note 3.1.3 for detailed disclosures of loans and advances by class.

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

  • Unearned fee income Unearned fee income includes fees received for guarantees that have not yet expired.

  • Unearned fee in any single evaluation period or year may not be carried forward into a subsequent evaluation period or year.

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

Related to Unearned fee

  • Unearned income means any income which is not earned income and includes supplemental security income (SSI) and other funds available to a child residing in a foster care placement.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Net earned premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract.

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Additional Payment as used in this Chapter 3 means any additional payment specified in an Original Standard Rates Derivatives Transaction, an Original Standard Cross-currency Rates Derivatives Transaction and an Original Non Deliverable Rates Derivatives Transaction as being payable by the relevant Clearing Member(s) pursuant to the terms therein, and forming part of the Contract Terms upon registration of the Original Transaction.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Performance Liquidated Damages means any liquidated damages resulting from the Project’s performance which are required to be paid by the EPC Contractor or any other Material Project Party for or on account of any diminution to the performance of the Project.

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • L/C Fees has the meaning set forth in Section 3.4(c).

  • Monthly Benefit means the monthly amount payable by Lincoln to you if you are Disabled or Partially Disabled.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • 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.

  • Unused Fees has the meaning assigned to such term in the Lender Fee Letter.

  • Contingent fee as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Additional Payments means additional amounts required to be paid to a holder of any Note pursuant to Section 13 by reason of a Change in Tax Law; and a “Change in Tax Law” means (individually or collectively with one or more prior changes) (i) an amendment to, or change in, any law, treaty, rule or regulation of Canada after the date of the Closing, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation after the date of the Closing, which amendment or change is in force and continuing and meets the opinion and certification requirements described below or (ii) in the case of any other jurisdiction that becomes a Taxing Jurisdiction after the date of the Closing, an amendment to, or change in, any law, treaty, rule or regulation of such jurisdiction, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation, in any case after such jurisdiction shall have become a Taxing Jurisdiction, which amendment or change is in force and continuing and meets such opinion and certification requirements. No such amendment or change shall constitute a Change in Tax Law unless the same would in the opinion of the Company (which shall be evidenced by an Officer’s Certificate of the Company and supported by a written opinion of counsel having recognized expertise in the field of taxation in the Taxing Jurisdiction, both of which shall be delivered to all holders of the Notes prior to or concurrently with the Tax Prepayment Notice in respect of such Change in Tax Law) affect the deduction or require the withholding of any Tax imposed by such Taxing Jurisdiction on any payment payable on the Notes.

  • 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.