Annual Flat Fee definition
Examples of Annual Flat Fee in a sentence
Centogene will issue at the beginning of each calendar month, a preliminary invoice for a prorated amount of the Annual Flat Fee, i.e. an amount equal to 1/12 of each Annual Flat Fee.
Annual Flat Fee of $ , paid in equal quarterly payments, and any fees received by Advisor’s broker-dealer shall offset the fees of Advisor.
The payment of the Annual Flat Fee does not relieve Centogene from its obligation under Section 3.4 of the MSA to provide Shire International with detailed monthly summaries of Diagnostic Services actually rendered in the previous month, in the form as attached to this 2017 Amendment as Appendix 3.
The payment of the Annual Flat Fee does not relieve Centogene from its obligation under Section 3.4 of the MSA to provide Shire International with detailed monthly summaries of Diagnostic Services actually rendered in the previous month, in the form as attached as Appendix 3 to this 2019 Amendment, including the information on the testing of expired Contract DBS Test Kits as further detailed in the Side Letter between Shire International and Centogene dated 2 July 2018.
Centogene hereby expressly waives any payment claims for Excess Diagnostic Tests under Section 3.6(c) of the MSA; provided, however, that only the first [*****] Diagnostic Tests for MPS1, MPS3, MPS4 and MPS6 performed in each of 2017 and 2018 will be included in the Annual Flat Fee.
The financial terms of the Annual Flat Fee as well as other financial assumptions under the MSA and Supply Agreement are set forth in more detail in Appendix 1 to this 2017 Amendment.
Centogene hereby expressly waives any payment claims for Excess Diagnostic Tests under Section 3.6(c) of the MSA; provided, however, that only the first [*****] Diagnostic Tests for MPS1, MPS3, MPS4, MPS6 and MPS7 performed in 2019 will be included in the Annual Flat Fee.
The financial terms of the Annual Flat Fee as well as other financial assumptions under the MSA and Supply Agreement are set forth in more detail in Appendix 1 to this 2019 Amendment.
The following are the fees charged by The Professional Financial Company LLC (“PROFI”) for services provided: First $0 to $1,000,000 ($0 - $1M) 1.00% 0.25% Next $4,000,000 ($1M - $5M) 0.87% 0.2175% Next $5,000,000 ($5M - $10M) 0.75% 0.1875% Next over $10,000,000 ($10M +) 0.50% 0.125% Or % Custom Annual Flat Fee on Managed Assets This Annual fee will be prorated and payable quarterly, in advance, based on the market value of the Assets on the last business day of the previous quarter.
Annual Flat Fee (*): • Relationship Funds $90,000 per fund • Mutual Funds $70,000 per fund * Fees will be charged monthly on pro-rated basis.