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.
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.
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.

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.

  • 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.

  • Average Credit Score (all Adults) Risk Mitigation Admin Charge Security Deposit 650-850 None 1 time the monthly rent 550-649 $400 1.5 times the monthly rent 300-549 Will be declined Dealing with Multiple Applicants: A risk mitigation charge will be assessed based on the AVERAGE FICO score of all adults.

  • 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.

  • If no monies are outstanding you will owe the Admin Charge to us as a debt.

  • The Gross Order Value is the total amount charged by the ACS Partner to the Customer for an Order, including the value of the goods plus the ACS Partner's delivery charges (if any) plus the Customer Admin Charge (if any) plus applicable taxes.

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

  • For the Agreement Period, the monthly Administrative Fee will be: ${_Admin Charge PCPM_} per health contract per month DRAFT The above monthly Administrative Fee includes: • Charges for services related to claims and appeals processing services as described in the Agreement.

  • Estimated Costs NREL Shared Resources Participant Shared Resources Participant Funds In Totals Year **** $**** $**** $**** $**** Year **** $**** $**** $**** $**** Year **** $**** $**** $**** $**** TOTALS $**** $**** $**** $**** Fed Admin Charge on Funds-in ---- ---- **** The technology developed under this CRADA would enable the Participant to**** and **** with **** and ****.

  • Funding Title: SRF Funding Type: Loan Funding Effective Date: Funding Expiration Date: Funding Source: State – Clean Water State Revolving Fund For Loans Only: Effective Interest Rate: 1.5% Interest Rate: % Admin Charge: % Terms: 30 years Project Start Date: 7/1/2021 [The Date Funding becomes available.] Project Completion Date: 7/1/2023 [The last date costs will be incurred.] Project Initiation of Operation Date: 4/1/2023 [For construction only: The date the facility can be used for its intended purpose.