Admin Charge definition

Admin Charge shall equal a pro rata portion of the sum of (a) rent reimbursed by GD Sub to PDS for the administrative office acquired by GD Sub from PDS (the "Administrative Office"), and (b) all unreimbursed costs incurred by GD Sub at the Administrative Office, including but not limited to employee compensation and benefits, based on the ratio of the net revenue of the Dental Practice to the combined net revenue of all dental practices managed by GD Sub from the Administrative Office for the relevant period. All payments of Earnout Consideration shall be paid by check. The calculation and payment of each payment of Earnout Consideration shall be completed within 90 days of the completion of the applicable 12-month portion of the Earnout Period.
Sample 1
Admin Charge shall equal a pro rata portion of the sum of (a) rent reimbursed by GD Sub to PDS for the Administrative Office, and (b) all unreimbursed costs incurred by GD Sub at the Administrative Office, including but not limited to employee compensation and benefits, based on the ratio of the combined net revenue of the Dental Practices to the combined net revenue of all dental practices managed by GD Sub from the Administrative Office for the relevant period. Eighty percent of the first payment of Earnout Consideration shall be paid by check. The "Orange EBITDA", the "Orange Cash Consideration Amount" and the "Orange Earnout Consideration" shall have the meanings ascribed to the terms "EBITDA", "Cash Consideration Amount" and "Earnout Consideration", respectively, in the Asset Purchase Agreement dated June 30, 1998 by and among GDSC, GD Sub, Orange Dental Services and the partners of Orange Dental Services. The remaining 20% of the first payment of Earnout Consideration shall be paid in shares of GDSC Common Stock. To determine the number of shares of GDSC Common Stock to be issued as part of the first payment of Earnout Consideration, a share of GDSC Common Stock shall be valued at the average of the closing prices of GDSC Common Stock reported by NASDAQ for the five trading days prior to the 60th day after the end of the first 12 months of the Earnout Period. All of the second and third payments of Earnout Consideration shall be paid by check. The calculation and payment of each payment of Earnout Consideration shall be completed within 90 days of the completion of the applicable 12-month portion of the Earnout Period.
Sample 1
Admin Charge shall equal a pro rata portion of the sum of (a) rent reimbursed by GD Sub to Pacific Dental Services, Inc. ("PDS") for the administrative office acquired by GD Sub from PDS (the "Administrative Office"), and (b) all unreimbursed costs incurred by GD Sub at the Administrative Office, including but not limited to employee compensation and benefits, based on the ratio of the net revenue of the Dental Practice to the combined net revenue of all dental practices managed by GD Sub from the Administrative Office for the relevant period. Eighty percent of the first payment of Earnout Consideration shall be paid by check. The remaining 20% of the first payment of Earnout Consideration shall be paid in shares of GDSC Common Stock. To determine the number of shares of GDSC Common Stock to be issued as part of the first payment of Earnout Consideration, a share of GDSC Common Stock shall be valued at the average of the closing prices of GDSC Common Stock reported by NASDAQ for the five trading days prior to the 60th day after the end of the first 12 months of the Earnout Period. All of the second payment of Earnout Consideration shall be paid by check. The calculation and payment of each payment of Earnout Consideration shall be completed within 90 days of the completion of the applicable 12-month portion of the Earnout Period.
Sample 1

Examples of Admin Charge in a sentence

  • Where the Customer Admin Charge applies, the Restaurant shall include it in that customer’s receipts for goods.

  • Xxxxxx Xxx Ltd will, on behalf of the Restaurant, charge each customer using the Service and who pays for an Order online, a Customer Admin Charge in the amount set forth in Part 1.

  • Default of Contract - Later Payment Charge £25.00; Default of Contract - Loss of keys £25.00; Contract Variation - Admin Charge £50.00; Contract Early Termination - Admin Charge £50.00 (plus any reasonable Landlords costs, by prior agreement) DEPOSIT: A deposit equal to 5 weeks rent (6 weeks rent, where the annual rent is great than £50,000) will be payable plus the first months rent once the references have been passed and before the tenancy begins.

  • The U.S. Department of Agriculture will be consulted regarding the ‘‘Swampbuster’’ provisions of the Food Security Act.Coordination will be maintained with the Advisory Counsel on Historic Preservation and the State Historic Preservation Officer.

  • The Total Price includes Minimum Wage, ESI, EPF, EDLI,Insurance, Other non-mandatory variables defined by the Buyer in the bid document, Admin Charge and GST on the mentioned components.

  • The Recipient agrees to repay all Project Funds according to the schedule in Exhibit C at an interest rate of Written Interest Rate % (X%) per annum and an Administrative Service Charge of Written Admin Charge Rate % (X%) per annum.

  • Admin Charge Administrations charges as a part of creation of new line can be specified here.

  • Third Party Mobile Cranes – Admin Charge THIRD PARTY MOBILE CRANES entering and/or operating on the port estate will be charged at £50 + VAT per day.

  • All orders are subject to 22.5% Admin Charge and 8.875% Sales Tax (unless otherwise noted).

  • The Executive Budget includes reductions in General Fund appropriations of $364,510 and Medicaid Admin Charge funding of $221,195 over the 2019-21 biennium to fund the division’s cost allocation for the centralized services provided by administrators and fiscal, human resources, and information technology staff through the Federal Programs and Administration budget.

Related to Admin Charge

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Engineer-in-charge means the officer nominated by the company in the Civil Engineering cadreI discipline who is competent to direct supervisors and authorised to be in charge of the works for the purpose of this contract. The Engineer in Charge IDesignated Officer in Charge who is of an appropriate seniority, will be responsible for supervising and administering the contract, certifying payments due to the contractor, valuing variations to the contract, awarding extension of time and valuing compensation events. The Engineer in Charge IDesignated Officer in Charge may further appoint his representatives i.e. another personIProject Manager or any other competent person and notify to the contractor who is directly responsible for supervising the work being executed at the site, on his behalf under their Delegation of Powers of the company. However, overall responsibility, as far as the contract is concerned ,will be that of the Engineer in ChargeIDesignated Officer in Charge.

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Pharmacist-in-charge means a pharmacist currently licensed in good standing who accepts responsibility for the operation of a pharmacy in conformance with all laws and rules pertinent to the practice of pharmacy and the distribution of drugs, and who is personally in full and actual charge of the pharmacy and all personnel.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Engineer-In-Charge (EIC means the Engineer officer authorised to direct, supervise and be In-charge of the works for the purpose of this contract who shall supervise and be in charge of the work.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Monthly Charges means a finance carrying charge of **** and a storage and handling charge of ****, in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Cancellation Charge has the meaning given to that term in paragraph 5.1 of Part 2; "Core Operational Period" in relation to any part of the Network, means the period of the day when that part is generally open to train movements;

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Member in Charge means the entity specified in the SC to act on their behalf in exercising all the Service Provider' rights and obligations towards the Procuring Entity under this Contract;

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Hire Charge or “Hire Charges” means the rates and charges payable by You for the hire of the Equipment.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Person in charge means the individual present at a food establishment who is responsible for the operation at the time of inspection.