Common use of Administrative Charge Clause in Contracts

Administrative Charge. Sponsor will retain an administrative charge to cover the costs associated with its management of the Project Funds and other administrative expenses associated with this Agreement. This administrative charge shall be: no less than five percent of the gross amount of the Project Funds received by Sponsor annually.

Administrative Charge. Sponsor will retain an administrative charge to cover the costs associated with its management of the Project Sponsored Program Funds and other administrative expenses associated with this Agreement. This administrative charge shall be: no less than five three percent (3%) of the gross amount of the Project Sponsored Program Funds received by Sponsor annually(“Administrative Charge”), and payable to Sponsor as Donations are received.

Administrative Charge. Sponsor will retain an administrative charge to cover the costs associated with its management of the Project Sponsored Program Funds and other administrative expenses associated with this Agreement. This administrative charge shall be: no less than five percent (5%) of the gross amount of the Project Sponsored Program Funds received by Sponsor annuallySponsor.

Administrative Charge. Sponsor will retain an administrative charge to cover the costs associated with its management of the Project Sponsored Program Funds and other administrative expenses associated with this Agreement. This administrative charge shall be: no less than five four percent (4 %) of the gross amount of the Project Sponsored Program Funds received by Sponsor annually.

Administrative Charge. Sponsor will retain an administrative charge to cover the costs associated with its management of the Project Sponsored Program Funds and other administrative expenses associated with this Agreement. This administrative charge shall be: no less than five ten percent (10%) of the gross amount of the Project Sponsored Program Funds received by Sponsor annually. Provided, however, that the administrative charge retained by Sponsor shall be no less than One Thousand Eight Hundred Seventy-Five Dollars ($1,875.00) per calendar quarter.