Minimum Annual Fee. The asset based fees are subject to a minimum annual fee in the amount of $75,000 per Fund. The minimum annual fee is subject to an annual escalation equal to the increase in the Consumer Price Index - Urban Wage Earners (CPI), which escalation shall be effective commencing one year from the date of this Agreement (the "Anniversary Date") and on the corresponding Anniversary Date each year thereafter. No amendment of this Schedule C shall be required with each escalation. CPI shall be determined by reference to the Consumer Price Index News Release issued by the Bureau of Labor Statistics, U.S. Department of Labor. Additional fees shall apply when adding any additional Funds and/or classes, including compensation for the Administrator's services in connection with the organization of the new Fund(s) or classes. The Administrator shall provide such services and be entitled to such compensation as the parties may mutually agree in writing.
Minimum Annual Fee. The asset based fees are applied to each of the portfolios and are subject to a minimum annual fee in the amount of $20,000 for the first fund and $15,000 per fund for each subsequent fund. The minimum annual fee is subject to an annual escalation equal to the increase in the Consumer Price Index - Urban Wage Earners (CPI), which escalation shall be effective commencing one year from the date of this Agreement (the "Anniversary Date") and on the corresponding Anniversary Date each year thereafter. No amendment of this Schedule B shall be required with each escalation. CPI shall be determined by reference to the Consumer Price Index News Release issued by the Bureau of Labor Statistics, U.S. Department of Labor.
Minimum Annual Fee means the minimum fee required to be paid by Reseller to Edmodo for the use of the Service by each Customer and its respective Customer Users for each twelve (12) consecutive month period permitted under this Agreement.
Examples of Minimum Annual Fee in a sentence
If the Annual Fee quoted by Bidder is below the Minimum Annual Fee fixed by the Authority.
The Annual Fee has been quoted by me/us is above the Minimum Annual Fee specified in the Bidding Documents.
Jt. Bidding Agreement, in case of a Consortium, substantially in the format at Appendix H; Envelope 2 - “FINANCIAL PROPOSAL”The Financial Proposal consisting of the Bidder’s financial offer above the Minimum Annual Fee fixed by the Authority for the Project shall be submitted in the prescribed format Appendix I on the letterhead of the Bidder and signed by the Authorised Representative.
The Bidder quoting the highest Annual Fee above the Minimum Annual Fee would be declared as the Successful Bidder (“ Successful Bidder”).
The Bidder quoting the highest Annual Fee above the Minimum Annual Fee would be declared as the successful bidder (“ Successful Bidder”).
More Definitions of Minimum Annual Fee
Minimum Annual Fee means the minimum amount payable, calculated on the basis of a twelve-month period, to the City as General Compensation during any Compensation Year pursuant to Section 5 hereof.
Minimum Annual Fee. The minimum annual fee will be $125,000 for the Portfolio, exclusive of multiple class fees, transaction charges, account fees, FundSERV Networking fees, IMPRESSNet fees and out-of-pocket and other charges. Fees are billed monthly based on one-twelfth (1/12th) of the annual fee. MONTHLY MULTIPLE CLASS FEE: The monthly multiple class fee will be $2,500 per class for each class beyond the first class in the Portfolio. SHAREHOLDER ACCOUNT FEE*: Active Account: $20.00 per account, per annum Inactive Account: $ 3.60 per account, per annum Fees shall be calculated and paid monthly based on one-twelfth (1/12th) of the annual fee. An inactive account is defined as having a zero balance with no dividend payable. Inactive accounts are purged annually after year-end tax reporting. *There will be no charge for the first 500 accounts. TRANSFER AGENCY TRANSACTION CHARGES: Purchase/Redemption/Transfer/ $ 1.00 per transaction Maintenance Customer Service/Broker Phone Calls: $ 2.00 per call New Account Opening: $ .40 per account (electronic interface) $ 5.00 per account (paper) 12b-1 calculation: $ .25 per account per calculation
Minimum Annual Fee is defined in Section 5.2.
Minimum Annual Fee has the meaning set forth in Section 4.1.
Minimum Annual Fee has the meaning set forth in the Loan Sale Agreement.
Minimum Annual Fee in Item 5 of Exhibit B is amended to read as follows: Minimum Annual Fee: $10,000, which shall be payable in one of the following ways: (i) by cash, check, or other bank transfer, (ii) in kind (which may include, but is not limited to, providing services to Licensor), or (iii) some combination of cash and in-kind payments, as determined by Licensee in its discretion. Unless otherwise agreed, in-kind payments shall be valued, if goods, based on their retail value or, if there is no retail value, on their fair market value, and if services, based on the current market rate at which Licensee charges for such services.
Minimum Annual Fee. Except as provided herein, with the exception of * the 2001 calendar year for which there shall be no minimum annual fee, HVT shall pay to iPIX a "Minimum Annual Fee" of which shall be measured on an annual basis and any deficiency paid within 30 days of the last day of each calendar year. With 30 days prior notice HVT may elect to terminate the obligation to pay the Minimum Annual Fee, but such election will not terminate the payment obligations in respect of Service Royalties, Software Royalties, Key Royalties and Other Royalties. From and after the date on which the obligation to pay the Minimum Annual Fee terminates, then * In measuring the Minimum Annual Fee, all amounts paid under the following shall be included: