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).