City’s Administrative Costs Recovery Sample Clauses

City’s Administrative Costs Recovery. Within ten (10) Working Days (defined as Monday through Friday, excluding City-observed holidays) following execution of this Agreement, Developer shall establish a deposit account for the initial phase of the Plaza Project by depositing Ten Thousand Dollars ($10,000) with City to fund City’s administrative costs. Thereafter, upon request by City, Developer shall make additional deposits in Five Thousand Dollar ($5,000) increments to the individual or combined accounts to be drawn upon by City for administrative and inspection purposes. Any unused amounts in the deposit account(s) shall be refunded to Developer consistent with City’s accounting practices for deposit accounts. If City costs exceed the Estimated Cost for the Plaza Project, as defined in Section 3.1, due to extraordinary assistance required by consultants or contractors beyond that which is customary, Developer shall be solely responsible for payment of such City administrative costs. City’s administrative costs include, but are not limited to, the expenses City incurs to: (i) administer the acquisition of the Recreation Easement Deed for the Plaza Project site, (ii) facilitate design and public input process, (iii) review and approve the Plans and Specifications, as defined in Section 4.3, for the Plaza Project, (iv) inspect the Plaza Project during construction, until completion and City’s Acceptance of the Plaza Project, and (v) costs associated with cost verification and reimbursement as set forth in Section 1.7.
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City’s Administrative Costs Recovery. Within ten (10) Working Days following City Council approval of this Agreement, Developer shall establish a deposit account for the initial phase of the Project Improvements by depositing Twenty Five Thousand Dollars ($25,000.00) with City to reimburse City for City’s Administrative Costs. City’s Administrative Costs as defined in Exhibits B-1 through B-4 “Preliminary Cost Estimate” for each Park Phase, are estimated amounts in FY 2012 dollars for the individual park phases of the Project Improvements and for which individual accounts, or a combined account subject to the approval of City, will be established prior to City’s review of any GDP or Plans and Specifications for an individual phase. Thereafter, upon request by City, Developer shall make deposits in Twenty Five Thousand Dollars ($25,000) increments to the individual or combined accounts to be drawn upon by City for administrative and inspection purposes. Any unused amount will be refunded to Developer consistent with City’s accounting practices. If City costs exceed the estimated costs for the individual phases of the Project Improvements due to extraordinary assistance required by consultant or contractor beyond that which is customary, Developer shall be solely responsible for payment of such City costs.
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Related to City’s Administrative Costs Recovery

  • Administrative Costs Administrative costs will not be included in the budget neutrality limit, but the State must separately track and report additional administrative costs that are directly attributable to the Demonstration. All such administrative costs must be identified on the Forms CMS-64.10 Waiver and/or 64.10P Waiver, using “MA Demo” as the waiver name.

  • TIPS Administration Fees The collection of administrative fees by TIPS, a government entity, for performance of these procurement services is required pursuant to Texas Government Code Section 791.011 et. seq. The administration fee (“TIPS Administration Fee”) is the amount legally owed by Vendor to TIPS for TIPS Sales made by Vendor. The TIPS Administration Fee amount is typically a set percentage of the amount paid by the TIPS Member for each TIPS Sale, less shipping cost, bond cost, and taxes if applicable and identifiable, which is legally due to TIPS, but the exact TIPS Administration Fee for this Contract is published in the corresponding solicitation and is incorporated herein by reference. TIPS Administration Fees are due to TIPS immediately upon Vendor’s receipt of payment, including partial payment, for a TIPS Sale. The TIPS Administration Fee is assessed on the amount paid by the TIPS Member, not on the Vendor’s cost or on the amount for which the Vendor sold the item to a dealer or Authorized Reseller. Upon receipt of payment for a TIPS Sale, including partial payment (which renders TIPS Administration Fees immediately due), Vendor shall issue to TIPS the corresponding TIPS Administration Fee payment as soon as possible but not later than thirty-one calendar days following Vendor’s receipt of payment. Vendor shall pay TIPS via check unless otherwise agreed to by the Parties in writing. Vendor shall include clear documentation with the issued payment dictating to which sale(s) the amount should be applied. Vendor may create a payment report within their TIPS Vendor Portal which is the preferred documentation dictating to which TIPS Sale(s) the amount should be applied. Failure to pay all TIPS Administration Fees pursuant to this provision may result in immediate cancellation of Vendor’s TIPS Contract(s) for cause at TIPS’ sole discretion as well as the initiation of collection and legal actions by TIPS against Vendor to the extent permitted by law. Any overpayment of participation fees to TIPS by Vendor will be refunded to the Vendor

  • Collection Costs In the event collection efforts are required to obtain payment on this Account, to the extent permitted by law, You agree to pay all court costs, private process server fees, investigation fees or other costs incurred in collection and reasonable attorneys' fees incurred in the course of collecting any amounts owed under this Agreement or in the recovery of any Collateral.

  • Administration Costs The Borrower shall pay the Bank for all reasonable costs incurred by the Bank in connection with administering this Agreement.

  • DIR Administrative Fee A. The administrative fee to be paid by the Vendor to DIR based on the dollar value of all sales to Customers pursuant to this Contract is three-quarter of one percent (.75%). Payment will be calculated for all sales, net of returns and credits. For example, the administrative fee for sales totaling $100,000 shall be $750.00. B. All prices quoted to Customers shall include the administrative fee. DIR reserves the right to change this fee upwards or downwards during the term of this Contract, upon written notice to Vendor without further requirement for a formal contract amendment. Any change in the administrative fee shall be incorporated in the price to the Customer.