Annual Administration Fee means the annual fee that Itransact charges Investors to administer their investments;
Annual Administration Fee means the fee charged for services related to the renewal of a Title V permit and any administrative amendments;
Annual Administration Fee. $3,000.00 < This annual administration fee covers standard services required under the documents. Also includes periodic disbursements to company. An additional charge of $500 per subaccount will be billed for accounts opened in connection with certain state regulations (estimate of 2-3). Transaction charges noted below apply for certain responsibilities including payments to subscribers. This fee is payable upon the execution of the Escrow Agreement and annually thereafter for any 12-month period or portion thereof. This fee shall be reviewed at the end of the first year and may be renegotiated in accordance with new volume estimates. TRANSACTION FEES: Wire transfer of funds to investors $15.00 per item Check transfer of funds to investors $15.00 per item Receipt and posting of incoming wires No charge Receipt and posting of incoming check No charge Asset transactions (purchases/sales/calls/deposit/withdrawals, etc.) $25.00 per transaction 1099 INT Tax reporting $25.00 per form ACH transfer of funds No charge Electronic predetermined reports No charge Interest calculations No charge EXTRAORDINARY SERVICES: Additional reasonable compensation will be charged for extraordinary services based on the then current standard hourly charge. Extraordinary services include, but are not limited to, attending escrow closings, processing assignments of escrow interest, specialized reports (e.g., tax reporting other than 1099s), unusual certifications, reviewing and accepting modifications or amendments to the escrow agreement, and letter of credit draws, etc. You will be informed in advance of Xxxxx Fargo's performance of services that are considered extraordinary. Any overdrafts caused by failed or incomplete wires of funds or failed or incomplete securities deliveries will be reimbursable to Xxxxx Fargo Bank at prime plus two percent (2%). All out-of-pocket expenses incurred in the administration of the account, including, but not limited to, postage, telephone charges, insurance, photocopies, supplies, and legal fees with the exception of legal fees incurred at the inception of the account, will be billed to the customer at cost. Xxxxxxxx over 30 days past due are subject to a 1.5% per month late payment penalty of the balance due.
Examples of Annual Administration Fee in a sentence
For mixed-income projects, the Annual Administration Fee amount shall be determined based on the number of affordable units.
Any Evaluation Fee (as set out in the Procedural Appendix) which Adopter has paid hereunder for the year in which Adopter elects Activation shall be credited as provided in such Activation Notice against the Annual Administration Fee for such year payable upon Activation.
At any time after Adopter has paid the Annual Administration Fee for the initial year, or any subsequent year, of the Term for the “Small Adopter” or “Large Adopter” category (as selected by Adopter with reference to the Fee Schedule set forth in the Procedural Appendix), Adopter may execute the Activation Notice attached hereto as Exhibit D in accordance with the procedures set out in Exhibit D.
Upon each anniversary of the Effective Date, or such other date as specified in the Procedural Appendix (the “Annual Payment Date”), Adopter shall pay DTLA the Annual Administration Fee for the following year (or, in the final year of the Term, such portion of the Annual Administration Fee as is specified in the Procedural Appendix).
Within thirty (30) days of the Effective Date, Adopter shall pay DTLA a nonrefundable sum in the amount of the Annual Administration Fee set out in the Procedural Appendix (the “Annual Administration Fee”).
More Definitions of Annual Administration Fee
Annual Administration Fee means the non-refundable fee paid annually to the Company to maintain the Distributor‟s replicated website relating to the Distributorship Program.
Annual Administration Fee. Per subscription participant account $6.40 Fee for ongoing administration of the subscription escrow account. Participants are defined on a monthly basis with each monthly subscription period being unique. An individual subscribing in more than one month will be counted in each month. Should an individual add to a subscription amount in a given month, there will be no additional charge. This fee includes all investments specified in the Escrow Agreement , required participant recordkeeping, remittance of checks, production of 1099s, and postage. WIRE TRANSFERS: $20.00 Wire transfers to the fund participants will be charged additionally at $20.00 each transfer. Wire transfers to the Trust, the Managing Owner or Lead Selling Agent will be at no charge. ADDITIONAL SERVICES AND EXPENSES: Any out-of-pocket expenses incurred by the Escrow Agent (E.G., responding to unusual audit request) will be assessed in amounts commensurate with the services rendered, itemized and billed in addition to the foregoing fees. No charge will be incurred for termination of account. The fees above are subject to equitable adjustments as reasonably warranted by changes in laws, procedures, or cost of doing business upon prior written notice to the parties. SCHEDULE II TELEPHONE NUMBER(S) FOR CALL-BACKS AND PERSON(S) DESIGNATED TO CONFIRM FUNDS TRANSFER INSTRUCTIONS JWH GLOBAL TRUST: CIS Investments, Inc. as Managing Owner NAME TELEPHONE NUMBER
Annual Administration Fee means $25,000 per Loan Year.
Annual Administration Fee. $20,000.00 This annual fee covers the Construction Funds Trustee duties and related ancillary roles as specified in the Construction Funds Trust Agreement. The annual administration fee is payable in advance at closing and is not pro-rated.
Annual Administration Fee has the meaning specified in Clause 3.3 (Annual Administration Fee).
Annual Administration Fee. $7,500.00 – payable at the time of signing the agreement and annually thereafter on the anniversary of the agreement The Administration Fee includes providing routine and standard services of a Paying Agent. The fee includes administering the account, performing investment transactions, processing cash transactions (including wires and check processing), disbursing funds in accordance with the Agreement (note any pricing considerations below), and providing trust account statements to applicable parties for a twelve (12) month period. If the account remains open beyond the twelve (12) month term, the parties will be invoiced each year on the anniversary date of the execution of the Agreement. Additional fees will be billed for processing claim notices and/or objections. Extraordinary expenses, including legal counsel fees, will be billed as out-of-pocket. The Administration Fee is due upon execution of the Agreement. Out-of-Pocket Expenses: At Cost Out-of-pocket expenses such as, but not limited to, postage, courier, overnight mail, insurance, money wire transfer, long distance telephone charges, facsimile, stationery, travel, legal (out-of-pocket to counsel) or accounting, will be billed at cost. Note: This fee schedule is based on the assumption that the funds will be invested in one of the SunTrust Bank Deposit Options. If any other investment options are chosen, this fee schedule will become subject to change. EXHIBIT C Certificate of Incumbency (List of Authorized Representatives) Re: Paying Agent Agreement, dated ____________________, among SunTrust Bank, __________________, _________________ and ___________________ As an Authorized Officer of the above referenced entity, I hereby certify that the each person listed below is an authorized xxxxxx for such entity, and that the title and signature appearing beside each name is true and correct. Name Title Signature Contact Number
Annual Administration Fee means the annual fee charged to the Lessee to cover the common expenses and administration costs incurred by the Lessor in managing Xxxxxxx Lake Resort, including without restricting the generality of the foregoing, power expenses for the Common Areas, costs to maintain the power system, electrical fixtures, roads and other common buildings and improvements, as well as for management and administration fees for the Resort;