FMF definition
Examples of FMF in a sentence
The Fixed Management Fee (FMF) will be dependent on the Card type.
Notwithstanding the Fixed Management Fee (FMF), each Card will be charged an Actual Management Fee (AMF) which is based on Cardholder’s balance outstanding in the Card Account.
FMF revenue received by the Town from the Red Hawks shall be used solely to fund the cost of maintenance and operations of the Premises.
Participants shall be charged an FMF for each distinct season at which registration and fees are typically collected by the Red Hawks.
Participants shall be charged an FMF for each separate registration in a program or class offered by LGSR offered on the Premises covered by this agreement.
Notwithstanding the above, we also reserve the right to change the aggregate maximum for BDF contributions (as well as the requirement for FMF and the MAF contributions) without regard to the limitation set forth in the preceding sentence, in the future by gaining an approval vote by sixty-six percent (66%) of all then-existing Company-owned and franchised Noodles & Company Restaurants.
Without any vote and in our sole discretion, we reserve the right to change the requirement for BDF contributions (as well as the requirement for FMF and the MAF contributions) up to an aggregate maximum of five and one-half percent (5.5%) allocated amongst the funds as we determine is best for the Noodles & Company System.
If not covered by BDF, each Restaurant, whether Area Operator owned or Company owned, shall be responsible for its pro rata share (or, if applicable, on a use basis), on a per Restaurant basis, of the actual production costs and fees (such as print ad fees) of the Marketing materials, which can be paid by dollars contributed to FMF.
Beginning July 1, 2023, and continuing for the full term of this agreement, including any extensions, each participant in the Red Hawks Lacrosse program using Creekside Sports Park will be charged a $4.00 Facility Maintenance Fee (FMF) per season.
Seller failure to provide adequate cost and pricing data may disqualify the Contract from consideration for FMF approval.