Examples of G&A Fee in a sentence
Because the Incentive Plan is funded from the reduction in the G&A Fee that would have been due to OpCo under the Existing MSA over the course of the bankruptcy case, no additional consideration from the Debtor to OpCo is needed to fund the Incentive Plan.
Under that iteration of the MSA, the parties agreed to reduce the G&A Fee by approximately $30,000 per month, from $270,833 to $240,000 per month, and to reserve a portion of the delta between the G&A Fee and OpCo’s actual management salary costs to fund an incentive plan for OpCo’s employees at no additional cost or expense to the Debtor.
G&A Fee to hire a team to replace OpCo, and if it did, the Debtor would lose the institutional knowledge and corresponding stability that OpCo provides.
The Operating G&A Fee, upon commencement of operations, shall be adjusted on an annual basis commencing January 1, 2011, and each January 1 thereafter, in proportion to the average percentage change for the twelve (12) month period ending June 30 of the preceding calendar year, using the column titled “Annual Average”, or its equivalent, in the Consumer Price Index - All Urban Consumers as published by the United States Department of Labor Bureau of Labor Statistics (“CPI Index”).
In no event will the adjustment result in a decrease of the Operating G&A Fee.
Subject to paragraph 9 below, the G&A Fee is fixed for the duration of the Definitive Agreement at BZ$ 0.20 per US gallon of LPG passed through the Project Terminal.
For calendar year 2010, Operator shall charge Gathering System operations an Operating G&A Fee of $0.02565 per MMBtu of gas received at the Receipt Points.
The Port Throughput Fee, the G&A Fee and the O&M Fee are based on the installed storage capacity and associated equipment and infrastructure as of the Commercial Operations Date.
In no event will the adjustment result in a decrease of the G&A Fee from the last effective amount.
EXHIBIT B-3 CONSTRUCTION NON-BILLABLE ITEMS The following is a complete and comprehensive listing of the services, functions and cost categories that are intended to be included in and covered by the Construction G&A Fee (herein collectively referred to as “Construction Non-Billable Items”).