Percent Fee Clause Samples

Percent Fee. “Percent Fee” means the percentage amount on the MACC to be earned by the GC/CM as overhead and profit and as further defined in Section 6.5 of this GC/CM Contract.
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Percent Fee. Fixed Amount of Specified General Conditions work.
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Percent Fee. The Contractor submitted a dollar amount on the Form of Proposal which represented the Percent Fee stated as a percentage of the estimated MACC. The actual Percent Fee of the MACC stated on page one (1) of this Contract is a set dollar amount calculated by multiplying the proposed fee percentage by the actual negotiated MACC. The Percent Fee amount shall be adjusted based on deductive or additive change orders by multiplying the proposed fee percentage by the actual amount of the change order. If the MACC varies more than fifteen percent (15%) from the estimated MACC stated on the Proposal Form due to requested and approved changes in the scope by the Owner, the Percent Fee shall be renegotiated. The Percent Fee shall cover the following: 6.5.1.1 All profit of the Contractor for this Project. 6.5.1.2 All regional and home office overhead expenses, including labor and materials, travel, phone, facsimile, postage, and other incidental office expenses attributed to work on this Project that is not specifically identified in the Specified General Conditions Work. 6.5.1.3 All overhead expenses of the Contractor for participation in and the support of the Subcontractor bidding process of the Project. 6.5.1.4 Other than retail sales tax, the Percent Fee shall cover all taxes owed by the Contractor including City and State B&O tax. 6.5.1.5 Contractor’s performance and payment bond. 6.5.1.6 Contractor’s liability insurance coverage.
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Percent Fee. The Contractor submitted a dollar amount on the Form of Proposal which represented the Percent Fee stated as a percentage of the estimated MACC. The actual Percent Fee of the MACC stated on page one (1) of this Contract is a set dollar amount calculated by multiplying the proposed fee percentage by the actual negotiated MACC. The Percent Fee amount shall be adjusted based on deductive or additive change orders by multiplying the proposed fee percentage by the actual amount of the change order. The Percent Fee shall cover the following: 6.5.1.1 All profit of the Contractor for this Project. 6.5.1.2 All regional and home office overhead expenses, including labor and materials, travel, phone, facsimile, postage, and other incidental office expenses attributed to work on this Project that is not specifically identified in the Specified General Conditions Work. 6.5.1.3 All overhead expenses of the Contractor for participation in and the support of the Subcontractor bidding process of the Project. 6.5.1.4 Other than retail sales tax, the fee shall cover all taxes owed by the Contractor including City and State B&O tax. 6.5.1.5 Contractor’s performance and payment bond.
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Percent Fee. The Contractor submitted a dollar amount on the Form of Proposal that represented the Percent Fee stated as a percentage of the estimated MACC. The actual Percent Fee of the MACC stated on the first page of this Agreement is a set dollar amount calculated by multiplying the proposed fee percentage by the actual negotiated MACC. The Percent Fee amount will be adjusted based on deductive or additive Change Orders by multiplying the proposed fee percentage by the actual amount of the change order. If the MACC varies more than fifteen percent (15%) from the estimated MACC for the relevant Component(s) stated on the Final Proposal Form due to requested and approved changes in the scope by the Owner, the Percent Fee will be renegotiated; provided, however, that amendment(s) to this Agreement to add to the MACC for other Components per Section 6.8 will not trigger such renegotiation. The Percent Fee will cover the following: 6.5.1.1 All profit of the Contractor for this Project. 6.5.1.2 All regional and home office overhead expenses, including labor and materials, travel, phone, facsimile, postage, and other incidental office expenses attributed to work on this Project that is not specifically identified in the Specified General Conditions Work.‌ 6.5.1.3 All overhead expenses of the Contractor for participation in and the support of the Subcontractor bidding process of the Project. 6.5.1.4 Other than retail sales tax, the fee will cover all taxes owed by the Contractor, including, but not limited to, city and state B&O tax.‌ 6.5.1.5 Contractor’s performance and payment bond. 6.5.1.6 Contractor’s liability insurance coverage as required by the Contract Documents.
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Percent Fee. 6.6.1 6.6.1. Payment of Percent Fee Amount. The Percent Fee Amount shall be earned and paid on a monthly basis following the mutual execution of the MACC Amendment, by multiplying the Percent Fee Percentage by the portion of the MACC due to the GC/CM. The Percent Fee Amount is not a fixed amount payable to the GC/CM. Rather, it is earned and due on a monthly basis as a function of multiplying the Percent Fee Percentage by the actual cost of the Work within the MACC that is payable that month.
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Percent Fee 
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Related to Percent Fee

  • Late Payment Fee Students will be assessed a late payment fee if acceptable payment arrangements are not made by the due date indicated on the statement. Acceptable payment arrangements include payment in full, pending financial aid, approved third-party billing (i.e. veterans) and an active and current payment plan with the Bursar’s Office.

  • Ticking Fee If any Permitted Term B Reallocation occurs in accordance with the terms of this Agreement and the Term B Reallocation Letter, the Borrower shall pay to the Administrative Agent for the account of each Term B Lender in accordance with its Applicable Term B Percentage, a ticking fee (the “Ticking Fee”) which shall accrue from the date such Permitted Term B Reallocation occurs and is payable in the following amounts during the following periods: (i) for the period commencing on the Closing Date and ending on (but not including) March 3, 2013, a ticking fee equal to 1.75% per annum on the actual daily amount by which the aggregate Term B Commitment (as so increased by such Permitted Term B Reallocation) exceeds the sum of the aggregate Outstanding Amount of Term B Loans, subject to adjustment as provided in Section 2.16, and (ii) for the period commencing on March 3, 2013 and ending on the Term B Advance Period Termination Date, a ticking fee equal to 3.50% per annum on the actual daily amount by which the aggregate Term B Commitment (as so increased by such Permitted Term B Reallocation) exceeds the sum of the aggregate Outstanding Amount of Term B Loans, subject to adjustment as provided in Section 2.16; The Ticking Fee shall accrue at all times after the Permitted Term B Reallocation and during the Term B Advance Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Permitted Term B Reallocation, and on the Term B Advance Period Termination Date. The Ticking Fee shall be calculated quarterly in arrears.

  • Late Payment Fees If you have not paid a bill by the pay-by date, we may require you to pay a late payment fee, which is part of our standing offer prices published on our website.

  • Monthly Fee The fee for the parking spaces shall be $ per month for parking space(s). each all

  • 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.