Annual Fee Payment Sample Clauses

Annual Fee Payment. In consideration of the Developer agreeing to implement the Project, the Developer shall during the Agreement Period pay to the Authority, an amount of Rs. (In words) on Annual basis (“Annual Fee”) at the beginning of every Financial Year commencing from the Commercial Operation Date (. The first Annual Fee shall be paid on the Commercial Operation Date on Pro-rata basis. Annual Fee shall be escalated by 5% every year.
Sample 1Sample 2
AutoNDA by SimpleDocs
Annual Fee Payment. Membership in XXX requires full payment of the annual membership fee (“Annual Dues”), which a member must pay immediately upon acceptance. Certain DIF donors may receive discounted or free membership in XXX. The charitable contribution deduction available to any DIF donor who receives a discounted or free membership in XXX shall be reduced by the value of the discount or the value of the membership, respectively.
Sample 1Sample 2
Annual Fee Payment. Membership in GBAN requires full payment of the annual membership fee (“Annual Dues”), which a member must pay immediately upon acceptance.
Sample 1
Annual Fee Payment. DISTRICT agrees to pay the Annual Fee of $5,500 to CITY within ten (10) days of the Execution Date for delivery of the Services.
Sample 1
Annual Fee Payment. Membership in ANGIN requires full payment of the annual membership fee (“Annual Dues”), which a member must pay immediately no later than seven (7) working days upon acceptance. Certain GEPI affiliated Members may receive discounted or free membership in ANGIN. The charitable contribution deduction available to any GEPI donor who receives a discounted or free membership in ANGIN shall be reduced by the value of the discount or the value of the membership, respectively.
Sample 1
Annual Fee Payment. Membership in ECA requires full payment of the annual membership fee (“Annual Dues”), which a Member must pay immediately upon acceptance. The current Annual Dues has been initially set at two thousand dollars ($2,000) USD, and is subject to change by ECA.
Sample 1
Annual Fee Payment. Licensee shall tender the first Annual Fee payment for each Site License, without any deduction or setoff for any reason, at the time Licensee delivers the Site License Application, partially executed by Licensee, to the City. In the event that a Site License Application is denied by the City, the City shall return the applicable pre-paid first Annual Fee payment to Licensee within forty-five (45) days following the City’s written notice of denial provided to Licensee pursuant to Section 6.3.2. Otherwise, for all Site License Applications approved by the City pursuant to Section 6.3.1, after the first Annual Fee payment, on or before this Master License’s Effective Date anniversary, Licensee shall pay each Annual Fee (as increased pursuant to Section 4.1.1) in advance, without any prior demand, deduction, setoff, or counterclaim for any reason except to account for a partial year, in the event this Master License expires or terminates, or any abatement rights expressly granted in this Master License. Any amounts for less than a full year or full month will be calculated based on a three hundred sixty (360) day year and a thirty (30) day month. City of Wilsonville Attn: Finance Department 00000 XX Xxxx Xxxxxx Xxxx Xxxx Xxxxxxxxxxx, XX 00000 As a condition to payment of the Annual Fee, the City shall complete and deliver to Licensee: (1) Licensee’s standard payment direction form; and (2) IRS W-9, or such other tax reporting forms as may be required to be provided by the City to Licensee under Laws. Any Annual Fee withheld by Licensee pursuant to the preceding sentence shall be paid to the City within ten (10) Business Days of Licensee’s receipt of such documents.
Sample 1
AutoNDA by SimpleDocs
Annual Fee Payment. Membership in the IU Angel Network requires full payment of the annual membership fee (“Annual Dues”), which a member must pay immediately upon acceptance of membership and then yearly on or before the anniversary of the date on which membership commenced. Certain IUPhV donors and other Indiana University Parties may receive discounted or free membership in the IU Angel Network. The charitable contribution deduction available to any IUPhV donor who receives a discounted or free membership in the IU Angel Network will be reduced by the value of the discount or the value of the membership, respectively.
Sample 1

Related to Annual Fee Payment

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Time is Money Join Law Insider Premium to draft better contracts faster.