Annual Base Fee Sample Clauses
The Annual Base Fee clause defines the fixed amount that a party, typically a client or licensee, is required to pay each year under the terms of an agreement. This fee is usually set out in the contract and may be payable in advance or in installments, regardless of the actual usage or performance during the year. By establishing a predictable, recurring payment obligation, the clause ensures financial stability for the service provider and clarifies the minimum revenue they can expect, thereby reducing uncertainty and simplifying budgeting for both parties.
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Annual Base Fee. $48,000 annual base fee,
Annual Base Fee. In consideration for ▇▇. ▇▇▇▇▇’▇ services hereunder, the Company shall pay to ▇▇. ▇▇▇▇▇ an annual base fee of $2,000,000 (the “Annual Base Fee”), payable in arrears to ▇▇. ▇▇▇▇▇ in equal monthly installments.
Annual Base Fee. The annual base fee for one or more of PLAC, PHLVIC or PLIC shall be $250.000. The annual base fee is in addition to any other compensation set forth in this letter.
Annual Base Fee. The Annual Base Fee is calculated annually. The District shall pay the City a fee for service equal to 0.00135 of the certified taxable value of all properties within the District, as determined by the Kane County Assessor’s Office, based on the most recent values assessed. [Initial contract year fee payable by the District to the City = the Annual Base Fee.]
Annual Base Fee. The City shall pay to Troon an annual base fee (the “Annual Base Fee”) which is equal to (i) One and One-Half Percent (1.5%) of Gross Revenues in the event that the Golf Resort achieves between 0%-89.99% of budgeted Annual Plan as defined in Section 3.4 Annual Plan; (ii) One and Three-Quarters of a percent (1.75%) of Gross Revenues in the event that the Golf Resort achieves between 90%-95% of budgeted Annual Plan as defined in Section 3.4 Annual Plan; (ii) Two Percent (2%) of Gross Revenues in the event that the Golf Resort achieves between 95.01%-99% of budgeted Annual Plan as defined in Section 3.4 Annual Plan; or (iii) Two and One-Half Percent (2.5%) of Gross Revenues in the event that the Golf Resort achieves or exceeds 100% of budgeted Annual Plan as defined in Section 3.4 Annual Plan.
Annual Base Fee. $36,000 annual base fee per CUSIP (Daily NAV) (discounted to $25,000 annual base fee per CUSIP for the first twelve (12) months of Fund operations), plus $6,000 annual fee for each share class above one (1).
Annual Base Fee. An annual fee of $500,000 will be paid to the Bank in twelve (12) equal monthly installments each due on or before the 5th business day of each month of the year. This fee is intended to fairly reimburse the Bank for the servicing costs associated with maintaining its customers’ relationships. The fee for the partial first year will be prorated starting on March 31, 2014. This fee may be adjusted annually on the basis of the annual increase or decrease in the Consumer Price Index.
Annual Base Fee. The annual base fee will be $10,000 for the Money Market Portfolio and $35,000 for each of the Ultra Short-Duration Government Portfolio and Short-Duration Portfolio. The annual base fee is in addition to the other fees and expenses set forth herein.
Annual Base Fee. A monthly minimum charge per account (fund) will apply based on the number of foreign securities held.
Annual Base Fee. The annual base fee shall be $1,750,000, excluding out-of-pocket expenses, for the first 40 classes plus $50,000 for each additional class beyond the first 40. The monthly aggregate base fee will be allocated pro-rata to each class based on average net assets.