Fee Limitation Sample Clauses

Fee Limitation. In no event shall the total Incentive Fee paid for services performed in any Operating Year exceed 100% of the total Fixed Fee, $24,000, paid for services performed during such Operating Year.
AutoNDA by SimpleDocs
Fee Limitation. The District may impose and collect Fees as a source of revenue for repayment of debt, capital costs, and/or for operations and maintenance. No Fee related to repayment of debt shall be authorized to be imposed upon or collected from Taxable Property owned or occupied by an End User subsequent to the issuance of a Certificate of Occupancy for said Taxable Property. Notwithstanding any of the foregoing, the restrictions in this definition shall not apply to any Fee imposed upon or collected from Taxable Property for the purpose of funding operation and maintenance costs of the District.
Fee Limitation. In a contingent-fee contract for the collection of child support, the fee may be based only upon the amount of unpaid past child support arrearage calculated as of the date when the contract is signed. A fee may not be based on current or future child support payments and may be assessed only on funds actually received by the child support obligee. [PL 2003, c. 562, §1 (NEW).]
Fee Limitation. In no event shall the total Incentive Fee paid for services performed in any Operating Year exceed twenty-five percent (25%) of the Adjusted Fixed Fee Amount. The Adjusted Fixed Fee Amount is equal to the Fixed Fee paid for services performed during such Operating Year plus the Senior Executive Personnel Performance Compensation Pool attributable to such Operating Year, as described in Section 6.6.1, less the amortized amount of the Operator’s capital contribution attributable to such Operating Year, as described in Section 2.2. By way of example, the Adjusted Fixed Fee Amount for the 2015 Operating Year is $295,000 (calculated as 280,000 + $75,000 - $60,000 = $295,000). In no event shall the Incentive Fee exceed twenty percent (20%) of the sum of the Incentive Fee and Adjusted Fixed Fee Amount during any Operating Year.
Fee Limitation. The Borrower agrees that during any calendar year, Borrower shall not pay to Westgate and its Affiliates more than One Hundred Thousand Dollars ($100,000) for any management or other fees.
Fee Limitation. The above fee shall be reduced, but not below zero, by an amount equal to its pro-rata portion (based upon the aggregate fees of the Adviser and the Sub-Adviser) of the amount, if any, by which the total expenses of the Fund in any fiscal year, exclusive of taxes, interest, and brokerage fees, shall exceed the most restrictive expense limitation imposed upon the Fund in the states in which shares are then eligible for sale. The payment of the above fee at the end of any month will be reduced or postponed so that at no time will there be any accrued but unpaid liability under this expense limitation, subject to readjustment during the year.
Fee Limitation. Company and its subsidiaries shall not have incurred in connection with the Merger or this Agreement expenses of more than $850,000 for fees and expenses of any investment banker, broker or finder. (h)
AutoNDA by SimpleDocs
Fee Limitation. The District may impose and collect Fees as a source of revenue for repayment of Debt, capital costs, and/or for operations and maintenance until Taxable Property is owned or occupied by an End User subsequent to the issuance of a Certificate of Occupancy for said Taxable Property. No Fee related to the repayment of, or intended to repay, Debt shall be authorized to be imposed upon or collected from Taxable Property owned or occupied by an End User subsequent to the issuance of a Certificate of Occupancy for said Taxable Property. No Fee related to funding operation and maintenance costs shall be imposed upon or collected from Taxable Property owned or occupied by an End User subsequent to the issuance of a Certificate of Occupancy for said Taxable Property unless and until the majority of the Board are Residents, and a majority of the Board has voted in favor of imposing and collecting Fees for the purpose of funding operation and maintenance costs of the District. Notwithstanding any of the foregoing, the restrictions in this definition shall not apply to any Fee imposed upon or collected from Taxable Property for the purpose of funding operation and maintenance costs of the District.
Fee Limitation. Notwithstanding the foregoing, the Management Fee and the Incentive Management Fee shall in no event collectively exceed four percent (4%) of Parking Revenues on an Operating Year basis.
Fee Limitation. Each of the Districts may impose and collect Fees as a source of revenue for repayment of Debt, capital costs, and/or for operations and maintenance. Prior to the imposition of any Fee or any amendment to increase the rate or amount of any Fee, the Districts shall provide the City with the certification of an External Fee Advisor substantially as follows:‌ We are [I am] External Fee Advisor within the meaning of the District’s Service Plan. We [I] certify that the [insert the designation of the Fee] to be imposed by the District at [insert rate or amount of Fee] does not exceed a reasonable current rate, using criteria deemed appropriate by us [me] and based upon our [my] analysis of Fees imposed for similar purposes; and (2) the structure of [insert the designation of the Fee], including the relative burden shared by the property and persons upon which the Fee is imposed in relation to the benefit received by such property and persons, is reasonable considering the financial circumstances of the District and similar Fees imposed for similar purposes. No Fee related to the funding of costs of a capital nature shall be authorized to be imposed upon or collected from property owned or occupied by an End User which has the effect, intentional or otherwise, of creating a capital cost payment obligation in any year on any property owned or occupied by an End User. Notwithstanding any of the foregoing, the restrictions in this definition shall not apply to any Fee imposed upon or collected from property for the purpose of funding operation and maintenance costs of the District.
Time is Money Join Law Insider Premium to draft better contracts faster.