Examples of Development Fee in a sentence
In addition to the Brand Development Fee, if and when implemented, you shall spend, throughout the term of this Agreement, not less than one percent (1%) of your Office’s total revenue each month on advertising for the Office in your Territory, including approved job board advertising (“Local Advertising”).
Payments owed to us will be deducted from your net revenue in the following order: Continuing Royalty Fee, Brand Development Fee (if collected), National or Regional Account Fees (as described in Section 1.5 above), Management Fee (as described in Section 8.8 below), your portion of any delinquent accounts, your portion of any reserve established as a result of delinquent accounts and Direct Costs.
Any such amendment will indicate whether the Development Fee and/or Construction Management Fee will be adjusted in conjunction with the modification to Exhibit A.
Our notice to you that we will begin collecting the Brand Development Fee will include the amount of such fee; provided, however, that in no event will the Brand Development Fee exceed one percent (1%) of your Office’s total revenue.
Upon such termination, City shall pay Lane4 any unpaid Development Fee and Construction Management Fee earned through the effective date of the termination (prorated for partial month) and reimburse Lane4 any reimbursable expenses under Section 2(c) hereof that were incurred by Lane4 prior to the effective date of the termination.