HLMM'S FEE Clause Samples
HLMM'S FEE. In consideration of the services provided pursuant to this Agreement, HLMM shall have the right to receive from HCOL the following fees (the “Fee”):
HLMM'S FEE. HJAM shall pay to HLMM the service Fee for HLMM’s services under this Agreement. The cost base does not include payroll disbursed to the Crew/Employees on behalf of HJAM. Invoices for HLMM’s Fee shall be submitted monthly. All undisputed invoices shall be paid within fifteen (15) days of receipt of such invoice by transfer to HLMM’s bank account specified by HLMM on the invoice. All payments to HLMM shall be made in USD. If HJAM fails to pay the Fee at the agreed time, HLMM shall be entitled to claim interest in the amount of three months LIBOR plus 3.00% per annum on any overdue amount.
HLMM'S FEE. HCOL shall pay to HLMM a services fee for HLMM’s services under this Agreement, which is equal to HLMM’s documented costs in relation to the provision of such services plus a five percent (5.00%) m▇▇▇-up (the “Fee”). The cost base does not include payroll disbursed to the Crew/Employees on behalf of HCOL. Invoices for HLMM’s Fee shall be submitted monthly. All undisputed invoices shall be paid within fifteen (15) days of receipt of such invoice by transfer to HLMM’s bank account specified by HLMM on the invoice. All payments to HLMM shall be made in USD. If HCOL fails to pay the Fee at the agreed time, HLMM shall be entitled to claim interest in the amount of three months LIBOR plus 3.00% per annum on any overdue amount.