Admin Fees. 5.5.1 If, in any rolling three (3) Month period, two (2) or more MI Failures occur, the Supplier acknowledges and agrees that the Authority shall have the right to invoice the Supplier Admin Fees and (subject to paragraph 5.5.2 below) in respect of any MI Failures as they arise in subsequent Months.
Admin Fees. If, in any rolling three (3) Month period, two (2) or more MI Failures occur, the Supplier acknowledges and agrees that the Authority shall have the right to invoice the Supplier Admin Fees and (subject to paragraph 5.5.2) in respect of any MI Failures as they arise in subsequent Months. If, following activation of the Authority's right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.5.1, the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse. For the avoidance of doubt the Authority shall not be prevented from exercising such right again during the Term if the conditions in paragraph 5.5.1 are met. The Supplier acknowledges and agrees that the Admin Fees are a fair reflection of the additional costs incurred by the Authority as a result of the Supplier failing to supply Management Information as required by this Framework Agreement. The Authority shall notify the Supplier if any Admin Fees arise pursuant to paragraph 5.5.1 above and shall be entitled to invoice the Supplier for such Admin Fees which shall be payable in accordance with Clause 16 as a supplement to the Management Charge. Any exercise by the Authority of its rights under this paragraph shall be without prejudice to any other rights that may arise pursuant to the terms of the Framework Agreement.
Admin Fees. If, in any rolling three (3) Month period, two (2) or more MI Failures occur, the Supplier acknowledges and agrees that the Authority shall have the right to invoice the Supplier Admin Fees and (subject to paragraph S4.1.11) in respect of any MI Failures as they arise in subsequent Months.
Admin Fees. 6.30 If, in any rolling 3 Month period, 2 or more MI Failures occur, the Agency acknowledges and agrees that CCS has the right to invoice the Agency the Admin Fees. This right extends (subject to Clause 6.31) in respect of any MI Failures that arise in subsequent Months.
Admin Fees. If, in any rolling three (3) Month period, two (2) or more MI Failures occur, the Supplier acknowledges and agrees that the Authority shall have the right to invoice the Supplier Admin Fees and (subject to paragraph 5.5.2) in respect of any MI Failures as they arise in subsequent Months. If, following activation of the Authority’s right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.5.1, the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse. For the avoidance of doubt the Authority shall not be prevented from exercising such right again during the Term if the conditions in paragraph 5.5.1 are met. The Supplier acknowledges and agrees that the Admin Fees are a fair reflection of the additional costs incurred by the Authority as a result of the Supplier failing to supply Management Information as required by this Framework Agreement.
Admin Fees. If, in any rolling three (3) Month period, two (2) or more MI Failures occur, the Supplier acknowledges and agrees that the Authority shall have the right to invoice the Supplier Admin Fees and (subject to paragraph 174.) in respect of any MI Failures as they arise in subsequent Months. If, following activation of the Authority's right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 173., the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse. For the avoidance of doubt the Authority shall not be prevented from exercising such right again during the Dynamic Purchasing System Period if the conditions in paragraph 173. are met. The Supplier acknowledges and agrees that the Admin Fees are a fair reflection of the additional costs incurred by the Authority as a result of the Supplier failing to supply Management Information as required by this Dynamic Purchasing System Agreement. The Authority shall notify the Supplier if any Admin Fees arise pursuant to paragraph 173. above and shall be entitled to invoice the Supplier for such Admin Fees which shall be payable in accordance with Clause Error: Reference source not found (Management Levy) as a supplement to the Management Levy. Any exercise by the Authority of its rights under this paragraph 5.7 shall be without prejudice to any other rights that may arise pursuant to the terms of this Dynamic Purchasing System Agreement.
Admin Fees. (Third Party Settlements) shall be applied at request in the event the subject loan is taken over by any other financial institution in your favour for purposes of managing and processing costs in respect of the said takeover. • Admin Fees charged - Kshs 1,000/= to loan amounts up to Kshs 10,000 • Admin Fees Charged - Kshs 3,000/= to loan amounts above Kshs 10,000
Admin Fees. 6.13 If there are 2 or more MI Failures in any 3-month rolling period, CCS will charge the Supplier for the costs (an Admin Fee) of chasing the Supplier to provide the information.
Admin Fees. If, in any rolling three (3) month period, two (2) or more MI Failures occur, the Supplier acknowledges and agrees that CCS shall have the right to invoice the Supplier for Admin Fee(s) with respect to any MI Failures as they arise in subsequent months. The Supplier acknowledges and agrees that the Admin Fees are a fair reflection of the additional costs incurred by CCS as a result of the Supplier failing to provide Management Information as required by this LVPS Contract. What happens if Management Information Reports are not provided? If two (2) MI Reports are not provided in any rolling six (6) month period then an MI Default shall be deemed to have occurred and CCS may: charge and the Supplier shall pay a Default Management Charge in respect of the months in which the MI Default occurred and subsequent months in which they continue, calculated in accordance with Paragraph 9.2.1 and/or suspend this LVPS Contract until such time that deficient MI Reports(s) are rectified; and/or terminate this LVPS Contract. The Default Management Charge shall be the higher of: the average Management Charge paid or payable by the Supplier in the previous six (6) month period or, if the MI Default occurred within less than six (6) months from the first day of the first Term, in the whole period preceding the date on which the MI Default occurred; or the sum of five hundred pounds (£500). If the Supplier provides sufficient Management Information to rectify any MI Default(s) to the satisfaction of CCS and the Management Information demonstrates that: the Supplier has overpaid the Management Charge as a result of the application of the Default Management Charge then the Supplier shall be entitled to a refund of the overpayment from CCS, net of any Admin Fees where applicable; or the Supplier has underpaid the Management Charge during the period when a Default Management Charge was applied, then CCS shall be entitled to immediate payment of the balance as a debt together with interest. Appendix to Annex C: MI Reporting Template Please see Attachment 1 RM6237 LowValProc MI Template within the Access Pack Annex D Buyer Contract Annex E
Admin Fees. S2-1.13 If, in any rolling three (3) Month period, two (2) or more MI Failures occur, the Supplier acknowledges and agrees that the Authority shall have the right to invoice the Supplier Admin Fees and (subject to paragraph S4-1.11) in respect of any MI Failures as they arise in subsequent Months. S2-1.14 If, following activation of the Authority’s right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph S4-2.1, the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse. For the avoidance of doubt the Authority shall not be prevented from exercising such right again during the Term if the conditions in paragraph S4-2.1 are met.
