Aggregate Base Fee definition

Aggregate Base Fee means an amount equal to 3% of the Aggregate Gross Revenues.
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Aggregate Base Fee means for any period, an amount equal to five percent (5%) of the Aggregate Gross Revenues for such period.
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Aggregate Base Fee means the sum of the Base Fees for all Berths for the applicable Month.
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Examples of Aggregate Base Fee in a sentence

  • The Aggregate Base Fee and accrued interest, if any, shall be paid on the first Business Day of each calendar month, in advance, based upon Manager’s then estimate of the prior month’s Aggregate Gross Revenues.

  • Payment of the Aggregate Facility Expenses, excluding the Aggregate Base Fee, shall be made in the ordinary course of business.

  • The Aggregate Base Fee and Aggregate TRS Priority Return shall be subject to adjustment by increasing or decreasing the payment due in the following month based upon Aggregate Gross Revenues reflected in the Aggregate Monthly Financial Statements and increases or decreases in Aggregate Invested Capital reported to Manager by TRSes, as the case may be.

  • If the Aggregate Base Fee is not paid in full for any calendar year, the unpaid amount shall bear interest at the Interest Rate and such unpaid amount and accrued interest shall continue to be payable pursuant to clause (2) of Section 3.01 in subsequent years until paid in full.

  • If any installment of the Aggregate Base Fee or the Aggregate TRS Priority Return is not paid when due, it shall accrue and bear interest at the Interest Rate.

  • The Aggregate Base Fee and Aggregate TRS’s Priority Return shall be subject to adjustment by increasing or decreasing the payment due in the following month based upon Aggregate Gross Revenues reflected in the Aggregate Monthly Financial Statements and increases or decreases in Aggregate Invested Capital reported to Manager by TRS, as the case may be.

  • If the Aggregate Base Fee is less than the MTVF, then Customer shall receive a “Shortfall Credit” equal to such difference.

  • The Aggregate Base Fee and Aggregate Owner Priority Return shall be subject to adjustment by increasing or decreasing the payment due in the following month based upon Aggregate Gross Revenues reflected in the Aggregate Monthly Financial Statements and increases or decreases in Aggregate Invested Capital reported to Manager by Owners, as the case may be.

  • If any installment of the Aggregate Base Fee or the Aggregate Owner Priority Return is not paid when due, it shall accrue and bear interest at the Interest Rate.

  • Payment of the Aggregate Community Expenses, excluding the Aggregate Base Fee, shall be made in the ordinary course of business.