Administration Charge definition

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.

Administration Charge. [$40] a year. This charge is incurred at the beginning of each Contract Year and deducted on each Contract Anniversary or upon surrender. The charge will be waived:

Administration Charge. On an annual basis, this charge equals 0.15% of the daily net asset value of the Investment Divisions.

Examples of Administration Charge in a sentence

• The priorities of the Administration Charge and the Directors' Charge (collectively, the " Charges"), as among them, shall be as follows:‌ First – Administration Charge (to the maximum amount of $100,000); and, Second – Directors' Charge (to the maximum amount of $335,000).

• The Administration Charge shall have the priority set out in paragraphs 36 and 38 hereof.

• Each of the Administration Charge and the Directors' Charge (all as constituted and defined herein) shall constitute a charge on the Property and subject always to section 34(11) of the CCAA such Charges shall rank in priority to all other security interests, trusts,liens, charges and encumbrances, and claims of secured creditors, statutory or otherwise (collectively, “ Encumbrances”) in favour of any Person.

• Except as otherwise expressly provided for herein, or as may be approved by this Court, the Applicants shall not grant any Encumbrances over any Property that rank in priority to, or pari passu with, any of the Administration Charge or the Directors' Charge, unless the Applicants also obtain the prior written consent of the Monitor and the beneficiaries of the Administration Charge and the Directors' Charge, as applicable, or further order of this Court.

• The Administration Charge shall have the priority set out in paragraph 35 hereof.

More Definitions of Administration Charge

Administration Charge means the charge granted by the Canadian Court in the Recognition Proceedings on the Canadian Assets to secure the professional fees and disbursements of the Information Officer and its counsel, in each case incurred in respect of the Recognition Proceedings.

Administration Charge means the charge provided for at paragraph 49 of the Initial Order, securing the fees and disbursements of the Monitor, counsel to the Monitor and counsel to the Debtors.

Administration Charge. [None] Purchase Payment Tax Charge - The amount of any state and local taxes levied by any governmental entity on purchase payments may be deducted from the Account Value when such taxes are incurred. We reserve the right to defer the collection of this charge and deduct it against your Account Value on the surrender of this Contract, or Excess Withdrawal, or application of the Account Value to provide income payments. Asset-Based Charges - We deduct asset-based charges to compensate us for assuming mortality and expense risks, and certain administrative expenses. We deduct the asset-based charges below from the assets in each Variable Sub-Account on a daily basis. The maximum charges are:

Administration Charge means the Administration Charge granted under the Initial Order; “Affected Claim” means a Claim, other than an Unaffected Claim;

Administration Charge means an administration charge in an aggregate amount not to exceed

Administration Charge refers to the Charges payable by Requesting Licensees for various services as listed in Schedule 9;

Administration Charge means the amount specified in your Energy Plan Confirmation that we charge for arranging the provision of Energy to the Site(s) and other associated administrative services.