ANNUAL CHARGE Clause Samples
The Annual Charge clause defines the recurring fee that must be paid each year under the terms of an agreement. This clause typically specifies the amount, payment schedule, and any conditions for adjustment or review of the charge over time. For example, it may apply to service contracts where a client pays an annual fee for ongoing support or access. Its core practical function is to ensure both parties are clear on the financial obligations that recur annually, thereby preventing disputes over payment expectations and maintaining consistent revenue for the service provider.
ANNUAL CHARGE. Daily Dividend Funds $11.00 Per Annum Other Funds $5.50 Per Annum ▇▇▇▇▇▇▇ ▇▇▇▇▇ - Omnibus Accounts Regular Accounts $16.00 Per Annum Accounts with a Contingent Deferred Sales Charge $19.00 Per Annum Networked Accounts $3.00 - $6.00 Per Annum
ANNUAL CHARGE. Daily Dividend Funds $11.00 Per Annum Non-Daily Dividend Funds $ 5.50 Per Annum Merr▇▇▇ ▇▇▇c▇ - ▇mnibus Accounts: Regular Accounts $11.00 Per Annum Accounts with a Contingent Deferred Sales Charge $14.00 Per Annum Networked Accounts $3.00-$6.00 Per Annum SCHEDULE A [Name of Investment Company] COMPENSATION SCHEDULE PAGE 2 B. TRANSACTION CHARGE Transaction Charge
1. Dividend Payment $ 0.25 2. New Account $ 6.00
3. Purchase:
a. Wire $ 8.00 b. Automated $ 1.50 c. Other $ 2.60
ANNUAL CHARGE. Daily Dividend Funds $11.00 Per Annum Other Funds $5.50 Per Annum ▇▇▇▇▇▇▇ ▇▇▇▇▇ - Omnibus Accounts* Regular Accounts $11.00/$16.00 Per Annum Accounts with a Contingent Deferred Sales Charge $14.00/$19.00 Per Annum Networked Accounts $3.00 - 6.00 Per Annum *Until January 1, 1998, the annual charge for funds currently added to the ▇▇▇▇▇▇▇ ▇▇▇▇▇ systems prior to July 1, 1997 will be $11.00 and $14.00, respectively. Thereafter, the annual charge for those funds will be $16.00 and $19.00, respectively. The annual charge for funds added to the ▇▇▇▇▇▇▇ ▇▇▇▇▇ system on or after July 1, 1997 will be $16.00/19.00, respectively. SCHEDULE A ------------------------------ (THE "FUND") [__________] AMENDED AND RESTATED SHAREHOLDERS SERVICES AGREEMENT COMPENSATION SCHEDULE CONTINUED
ANNUAL CHARGE. For custody services procurement services provided to Funds by Company as described in the Agreement, Company shall be paid a fee in the amount of .1 basis points of the Fund assets held by the custodian, plus Company's out-of-pocket expenses. Such fee shall accrue daily and be paid monthly. The fee is billable on a monthly basis.
ANNUAL CHARGE. Assets of the Variable Investment Options will be subject to an annual charge to be assessed as a daily asset charge. This daily asset charge is for the expenses and benefit features of the Contract. The charge will be made pursuant to item (c) of "
ANNUAL CHARGE. Daily Dividend Funds $9.00 per annum Other Funds $4.20 per annum
ANNUAL CHARGE. As compensation for the delivery of Contract Quantity to Customer, Customer agrees to pay ECS an Annual Charge in the amount equal to $____________. Commencing on the first month after the Start Date, the Annual Charge shall be payable in twelve equal monthly installments, in accordance with Section 4.1(b) hereunder. If the Start Date is on a day other than the first day of a month, then, for such month only, Customer shall pay ECS an amount equal to one-twelfth of the first Contract Year's Annual Charge, prorated for the number of days in such month from and after the Start Date. The Annual Charge includes all local, state and federal taxes.
ANNUAL CHARGE. The “Annual Charge” is a fixed cash payment structured to cover capital costs, maintenance expenses, fixed power costs, taxes and other components of the bundled service. The Annual Charge due ECS equals $1,326,000 annually due in equal monthly installments of $110,500. In addition, the 5-year capital asset financing would require a balloon payment in the amount of $1,796,000 due ECS at the end of the contract term.
ANNUAL CHARGE. Daily Dividend Funds $9.90 Per Annum Other Funds 4.60 Per Annum Large Retirement Plan 6.00 Per Annum Automated Account
ANNUAL CHARGE. Punctual payment is a condition precedent to the provision of any further service after the date(s) on which payment is due and failure by the customer to make any payment within 14 days after its due date shall entitle Invalifts Ltd to terminate this agreement. Please see section Termination on Default. Value added tax is not in the price set out within the pricing as listed on the contract and will be chargeable at the rate prevailing at the tax point. In the event of war, strikes, combinations of workmen, lockouts, fire, flood, frost, lightening or other extraneous cause or accident whether of the same class as mentioned above or not causing directly or indirectly a partial or complete stoppage of Invalifts Ltd works, the rendering of service or execution of repairs may be wholly or partially suspended by Invalifts ltd during continuance of such partial or complete stoppage. Any interruption in the availability of the equipment service arising as a result of the need for repairs or maintenance will not be deemed to be a breach by Invalifts Ltd of the terms of this agreement.