Annual Monitoring Fee definition

Annual Monitoring Fee means the “Annual Monitoring Fee” as such term is defined in the First Amended and Restated Limited Liability Company Agreement of Three Rivers Natural Resource Holdings LLC, dated effective as of March 11, 2010, and without regard to any amendment or modification to such term after the Effective Date.
Annual Monitoring Fee means the fee paid by Borrower to the City to cover the cost of monitoring the project. The total amount of the Annual Monitoring Fee in the Initial Operating Year shall be $2,500, which shall increase annually at a rate of 3.00%. If in any given year the Borrower determines that the payment of the Annual Monitoring Fee will negatively affect the project, a full or partial deferral of the fee may be requested. The City will review the request and make a determination. If a deferral of the Annual Monitoring Fee is granted by the City, said fee shall be paid in future years, prior to any distribution of Asset Management Fees.
Annual Monitoring Fee means (i) an annual monitoring fee to be paid to each Investor other than any DLJ Member (or such other entity designated by such Investor) equal to the lesser of (a) the product of (x) such Investor’s Class A Unit Sharing Percentage and (y) $150,000 and (b) 1% of the total Capital Contributions made by such Investor and (ii) an annual monitoring fee to be paid to the DLJ Representative (or such other entity designated by the DLJ Representative) equal to the lesser of (a) the product of (x) the DLJ Group’s aggregate Class A Unit Sharing Percentage and (y) $150,000 and (b) 1% of the aggregate Capital Contributions made by the DLJ Group. For purposes of this definition of “Annual Monitoring Fee,” (i) each Investor other than any DLJ Member and (ii) the DLJ Representative shall be referred to as a “Fee Payee.” During the Commitment Period, the Annual Monitoring Fee will be paid on an annual basis concurrent with and offset against the first cash Capital Contribution made by each Fee Payee in such calendar year; provided, however, (A) that in the event the Annual Monitoring Fee payable to a Fee Payee exceeds the first cash Capital Contribution made by such Fee Payee in any calendar year, then any future cash Capital Contribution to be made by such Fee Payee in such calendar year shall be offset by the balance thereof until the full amount of the Annual Monitoring Fee has been offset against such Fee Payee’s cash Capital Contributions for such calendar year, (B) the Capital Account of each such Fee Payee shall be credited with Capital Contributions determined without reduction by any offset of the Annual Monitoring Fee contemplated herein, and (C) in the event that (1) any such Fee Payee does not make a cash Capital Contribution in a given year during the Commitment Period or (2) the Annual Monitoring Fee payable to any Fee Payee exceeds the aggregate amount of cash Capital Contributions made by such Fee Payee during such calendar year, the Annual Monitoring Fee (or portion thereof that has not been previously offset as provided above) for such year will be, at the election of the Company (which election shall be the same for all Fee Payees), either (aa) paid in cash by the Company to such Fee Payee (or such other entity designated by such Fee Payee) on December 31st of such year or (bb) paid in Class A Units at a per-unit price of $1.00 to such Fee Payee (or such other entity designated by such Fee Payee) on December 31st of such year; provided, however, that ...

Examples of Annual Monitoring Fee in a sentence

  • Fees are charged on all units (including manager's units) because it is necessary for WHEDA to monitor the minimum set-aside requirement on a project basis, the applicable fraction of low-income units to total units, and rental of the next available unit to a qualifying household.The Annual Monitoring Fee is due by March 15 of each year during the project's compliance period.

  • It may, for example, document research, experimental, developmental or engineering work, or be usable or used todefine a design or process or to procure, produce, support, maintain, or operate material.

  • By payment of the Annual Monitoring Fee, this Agreement may be renewed from year to year for a period that shall not exceed ten (10) years from the date of the initial installation.

  • The Annual Monitoring Fee will be paid to compensate you for your continuing due diligence, for expenses incurred in maintaining and providing information about the Company to your representatives and clients, and for the cost incurred in maintaining the Company's investor accounts.

  • Thereafter, Orkin will provide a Retreatment Service identical to that set forth in this Agreement for a renewal fee not to exceed the Annual Monitoring Fee as set by this Agreement.

  • In order to maintain this Agreement and the Service, Customer shall pay an Annual Monitoring Fee.

  • Authority for filing can be transferred by submitting an amended registration form requesting the46 CFR Ch. IV (10–1–17 Edition)assignment of a new log-on I.D. and pass- word.

  • The Investment Manager will charge:• the Investee Companies an Annual Monitoring Fee, and• the Investor a Transaction fee and Performance Fee.

  • Concurrently with the delivery of each annual report and Certificate of Continuing Program Compliance to City, Developer shall pay an Annual Monitoring Fee to City in the amount of Two Thousand Dollars ($2,000.00), increased annually by 3%, which shall compensate City for its costs incurred to monitor Developer's compliance with the Affordable Housing Agreement and this Agreement.

  • For Projects subject to Annual Monitoring Fee obligations for the “Life of the Project,” this prepayment amount will be calculated as the present value of a perpetual annuity discounted at a rate not to exceed 2% (i.e., Minimum Prepayment Amount=Annual Monitoring Fee/0.02).

Related to Annual Monitoring Fee

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Base Management Fee means the base management fee, calculated quarterly in arrears, in an aggregate amount equal to the sum of (i) 25% per Quarter of the Fee Amount, plus (ii) 0.3125% of the Total Capitalization Value Increase for the preceding Quarter;

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Management Fee has the meaning given in Section 4.1.

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Monthly Fee has the meaning stated in Section 4.3(a).

  • Structuring Fee has the meaning set forth in the Fee Letter.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Base Fee $60 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $22,931.51 Performance Fee: $40 million (Avg Daily Net Assets for rolling 12-month period) * -0.25% * (31/365) = $(8,493.15) Total Fulcrum Fee: $14,438.36 = $22,931.51 (Base Fee) - $8,493.15 (Performance Fee)

  • Dispensing Fee means the amount paid for the professional services provided by the pharmacist for dispensing a prescription. The Dispensing Fee does not include any payment for the drugs being dispensed.

  • Market Monitoring Unit means the consulting or other professional services firm, or other similar entity, retained by the Board, as specified in Section 30.4.2 of Attachment O, that is responsible for carrying out the Core Market Monitoring Functions and the other functions that are assigned to it in Attachment O. The Market Monitoring Unit shall recommend Tariff and market rule changes, but shall not participate in the administration of the ISO’s Tariffs, except as specifically authorized in Attachment O.

  • Handling Fee means the fee payable per Ticket transaction or order, charged in addition to the Face Value of the Ticket, for the processing and delivery of Tickets in that transaction or order (including United Kingdom value added tax thereon);

  • Individual monitoring devices means devices designed to be worn by a single individual for the assessment of dose equivalent. For purposes of these regulations, "personnel dosimeter" and "dosimeter" are equivalent terms. Examples of individual monitoring devices are film badges, thermoluminescent dosimeters (TLDs), pocket ionization chambers, optically stimulated luminescence (OSL) dosimeters and personal air sampling devices.

  • Individual monitoring means the assessment of:

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA. “月服务费”是指针对没有达到系统可用性 SLA 的受影响的云服务支付的月服务费(或年服务费的 1/12)。

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.