PROCUREMENT FEE Sample Clauses
The Procurement Fee clause defines the payment or compensation owed to a party for sourcing, acquiring, or facilitating the purchase of goods or services on behalf of another party. Typically, this fee is calculated as a percentage of the total purchase price or as a fixed amount, and it may be payable upon completion of the procurement or at specified milestones. The core function of this clause is to clearly establish the terms and conditions under which the procuring party is compensated, thereby preventing disputes and ensuring transparency in the procurement process.
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PROCUREMENT FEE. For each Vehicle Bid that results in a Delivery of a Vehicle from a Seller to the Buyer, a Procurement Fee will be payable by the Buyer to AutoFlip in accordance with the terms of this Agreement and will be calculated on the value of the Vehicle as per the below table. 01: $4,999 or less $318.00 + GST 02: $5,000-$9,999 $455.00 + GST 03: $10,000-$19,999 $500.00 + GST 04: $20,000-$29,999 $600.00 + GST 05: $30,000-$59,999 $700.00 + GST 06: $60,000+ $800.00 + GST AutoFlip may increase the Procurement Fee at any time during the term of this Agreement provided that it provides 14 Business Days' prior notice of such increase to the Procurement Fee to the Buyer. Notwithstanding the above, where the Buyer participates in an auction hosted on the AutoFlip Platform and makes a Vehicle Bid at such an auction that results in a Delivery of a Vehicle from a Seller to the Buyer, the Procurement Fee payable by the Buyer will be as stated by AutoFlip in the relevant announcement regarding such auction (or as otherwise notified by AutoFlip to the Buyer in writing before any such auction).
PROCUREMENT FEE. The BROKER shall be entitled to a procurement fee of 50% of the first months rent, for procuring a qualified TENANT, which will be retained from the first month’s rent collected. This compensation is for the sole purpose of leasing and tenant-placement efforts, which are not directly related to management of the property. The procurement fee is not collected if the lease term is 7 months or less. COOPERATION AND COMPENSATION TO OTHER BROKERS: BROKER’s office policy is to cooperate with all other brokers, except when not in OWNER’s best interest. BROKER will offer compensation in the amount of 25% of one full month’s rent, payable to a referring brokerage at the collection of the first month’s rent. This compensation amount is included in the acquisition fee listed above. If OWNER objects to this compensation to other brokers, the property cannot be listed in the MLS.
PROCUREMENT FEE. LANDLORD agrees to pay BROKER a TENANT procurement fee equal to ½ of one months rent upon each new lease agreement and TENANT taking possession for marketing, processing, signage and other fees.
PROCUREMENT FEE. For the first four (4) years of the Corn Procurement Term, GFCEP will pay FCE a Corn procurement and delivery fee of $0.05 per bushel of Corn delivered pursuant to Title 3 of this Agreement (the "Procurement Fee"). Beginning on the fourth (4th) year anniversary of the Corn Procurement Term, the Procurement Fee shall be increased to 5.5 cents per bushel of Corn delivered. Beginning on the eighth (8th) year anniversary of the Corn Procurement Term, the Procurement Fee shall be increased to 6 cents per bushel of Corn delivered.
PROCUREMENT FEE. The applicant hereby agrees to pay to SIGCo the Procurement Fee (“Procurement Fee”) which has been quoted to the Applicant, which amount shall also be provided on the invoice from SIGCo. SIGCo shall have the right from time to time, by written notice (the “Notice of Adjustment”) delivered to the Applicant to adjust the Procurement Fee. Any such adjustment of the Procurement Fee shall become effective beginning on the day following the delivery of the Notice of Adjustment and shall continue to be effective until a subsequent Notice of Adjustment is delivered in accordance with this Section.
PROCUREMENT FEE. The purchase price for the Corn shall be the “Sales Price” (as that term is defined in Section II.D.) plus a procurement fee in the amount of $0.05/bushel to be paid by Customer to CHS for all purchases of the Corn from CHS. The Procurement fee shall be invoiced by CHS to Customer on the 1st and 15th day of each month as the Corn is delivered to Customer and will be based on the delivery weight.
PROCUREMENT FEE. Osteotech shall reimburse MTF in the amount of *** per Donor for services performed by MTF in respect of Osteotech Tissue which is actually delivered to Osteotech pursuant to the provisions of this Agreement (such amount being the "Procurement Fee"); provided that, on an annual basis, the Procurement Fee shall be increased by a percentage equal to the increase in the then most recently published Medical Cost Component of the Consumer Price Index over the immediately preceding twelve (12) month period; and provided, further, that if MTF shall have demonstrated to Osteotech through reasonable documentation that MTF's actual average system-wide amount paid to recovery agencies, hospitals and recovery teams for recovery of Tissue in the preceding calendar year exceeded *** per Non-Standard Donor and such average amount for such year had increased by a percentage greater than the percentage increase in the Medical Cost Component of the Consumer Price Index in the then immediately preceding twelve (12) month period, then the Procurement Fee shall be increased at such time by such documented greater percentage increase.
PROCUREMENT FEE. Seller and LWE hereby acknowledge and agree that LWE will compensate Seller $[*]/bushel for all Producer bushels delivered to LWE per this Agreement. LWE will calculate this fee by the end of the second day of the calendar month for the previous month’s activity and will include the procurement fee in the next possible ACH payment from LWE to Seller, and forward the fee calculation to the Seller.
PROCUREMENT FEE. For the seven (7) year term of this Grain Procurement Agreement, HWE will pay MFC a Corn procurement and delivery fee of $0.07 per bushel of Corn delivered pursuant to Title 3 of this Agreement (the “Procurement Fee”).
PROCUREMENT FEE. The JSC shall set the Procurement Fee [***] prior to the commencement of each Year. The Procurement Fee shall be the [***] (the “Procurement FTE Rate”).