Basic Service Fee Sample Clauses
The Basic Service Fee clause defines the standard payment amount that a client must pay to a service provider for the agreed-upon services. Typically, this clause outlines the fee structure, payment schedule, and any conditions under which the fee may be adjusted, such as changes in service scope or duration. By clearly specifying the financial terms, this clause ensures both parties understand their monetary obligations, thereby reducing the risk of disputes over payment and promoting transparency in the contractual relationship.
Basic Service Fee. Each affected employee who does not affirmatively elect to pay a full service fee to the Association and who does not voluntarily waive all constitutional objections, shall pay a basic service fee to the Association in an amount calculated as described below, but, in no events, in excess of the regular periodic dues and general assessments charged to Association members.
Basic Service Fee. On the premise of optimal allocation meeting the annual income target requirments set forth in the Investment Guidelines, generally the basic service fee for the investment management entrusted by Party A to Party B shall be calculated based on the fixed annual rate applicable to each category of investment assets (excluding management fees payable for financial products issued and managed by Party B that are purchased by Party B using the Entrusted Funds of Party A, including but not limited to investment plans, asset-backedt plans and insurance asset management products). Categories Rates (BP) Bonds Tradable bonds 10.00 Non-tradable bonds 8.00 Deposits 3.00 Stocks High dividend stocks 10.00 Other stocks 30.00 Preferred stocks 10.00 Funds 20.00 Purchased financial products 8.00 Financial products issued and managed by Party B According to the then effective legal documents for financial products Equity investment funds 20.00 Liquidity management 2.00 The rates agreed in the Original Agreement shall apply to the existing purchased financial products that have been disbursed before the effective date of this Agreement. For financial products issued and managed by Party B, if investment management fees have been charged by Party B according to any and all effective legal documents for financial products, no other management fees will be charged repeatedly; among which, with respect to a small number of financial products for which no management fees have been charged, the fixed annual investment management rate shall be 8bp. For categories of investment assets not specified in the foregoing section which come into existence from time to time in the Term as permitted and approved by applicable laws, regulations and the insurance regulatory authority, Party A and Party B shall timely negotiate with each other to determine the annual rates and net value calculation methods in a fair and reasonable manner and establish the same in writing before investing in such assets. On the premise that the conditions for calculating the net value of investment assets on a daily basis are met, Party A and Party B shall reach a written agreement through consultation on the daily valuation method for determining the net value of investment assets.
Basic Service Fee. The Owner shall compensate the Golf Course Designer in accordance with the provisions of this Agreement, as follows: For the Basic Services of the Golf Course Designer as described in Subsections 2.2 through 2.14, a Lump Sum fee (the “Basic Services Fee”) of Six Hundred Twenty- Five Thousand Dollars ($625,000.00) which shall be paid in conformity with the schedule described in Article 6.
Basic Service Fee. Party B shall, in accordance with the agreement reached by both Parties, pay a certain percentage of its total business income to Party A at irregular intervals as the basic service fee for the information consultation and technical service hereunder. The concrete payment method may be separately agreed upon by both Parties in writing.
Basic Service Fee. On the premise of optimal allocation meeting the annual income target requirments set forth in the Investment Guidelines, generally the basic service fee for the investment management entrusted by Party A to Party B shall be calculated based on the fixed annual rate applicable to each category of investment assets, and in principle, the annual overall level shall not be higher than 0.08% of the scale of investment assets (excluding management fees payable for financial products issued and managed by Party B that are purchased by Party B using Party A’s funds, such as investment plans, asset-backedt plans and insurance asset management products). Non-tradable bonds 8. 00 For financial products sponsored by Party B, if investment management fees have been charged according to the product contract documents, no other management fees will be charged repeatedly. For a small number of financial products for which no management fees have been charged, the fixed annual investment management rate shall be 8bp. For categories of investment assets not specified in the foregoing section which come into existence from time to time in the future as permitted and approved by applicable laws, regulations and the insurance regulatory authority, Party A and Party B shall timely negotiate with each other to determine the annual rates and net value calculation methods in a fair and reasonable manner and establish the same in writing before investing in such assets. On the premise that the conditions for calculating the net value of investment assets on a daily basis are met, Party A and Party B shall reach a written agreement through consultation on the daily valuation method for determining the net value of investment assets.
Basic Service Fee. The COLLEGE shall pay the A/E for the work required by this agreement, including all the work required during the remaining design phases, the bidding phase, the construction phase, and closeout phase, a fee totaling % of the approved construction budget (not including contingencies) established after the schematic design phase. This fee shall be paid as follows:
1. Upon completion and acceptance of an amount equal to forty percent (40%) of the Preliminary Plans and Specifications (Design Development) and related documents, of the total basic services fee.
2. Upon the completion and acceptance of the Final Construction Agreement Documents, an additional sum, which, together with all payments previously made, shall equal seventy percent (70%) of the total basic services fee
3. Upon the completion of the Bidding Phase, an additional sum, which, together with all payments previously made, shall equal seventy-five percent (75%) of the total basic services fee.
4. For performance of Construction Administration required in connection with the construction phase, the A/E shall receive an additional sum, which, together with all payments previously made, shall equal ninety percent (90%) of the total basic services fee.
5. For provision by the A/E to the COLLEGE of all required closeout documents and as-built drawings in AUTOCAD format, an additional sum which, together with all payments previously made, shall equal one hundred percent (100%) of the total basic services fee