Monthly Retainer definition

Monthly Retainer means a monthly payment from CFSC to Servicing as compensation for the exclusivity provisions of this Agreement, with the gross amount of such Monthly Retainer paid to Servicing being $22,500 per month; provided, however, that the gross amount of such Monthly Retainer paid to Servicing shall be adjusted to reflect Cargill’s contribution to deal flow as provided for in Article 4 of this Agreement.
Monthly Retainer means a monthly payment from Värde to Servicing in the amount of $200,000 per month through the Termination Date as compensation for the right of first refusal in favor of Värde contained in Article 2 of this Agreement.
Monthly Retainer means a monthly payment from CFSC to Servicing as compensation for the exclusivity provisions of this Agreement, with the gross amount of such Monthly Retainer being (i) on and prior to December 31, 2000, $20,000.00 per month, and (ii) on and after January 1, 2001, $25,000.00 per month; provided, however, that the gross amount of the Monthly Retainer paid to Servicing shall be adjusted to reflect Cxxxxxx’x contribution to deal flow as provided for in Article 4 of this Agreement. The effect of this amendment will be to increase the dollar amount of the defined Monthly Retainer on and after January 1, 2001.

Examples of Monthly Retainer in a sentence

  • In the event that a Monthly Retainer is not timely paid, Consultant may suspend performance for all Services until payment has been made in full.

  • Each Monthly Retainer shall initially be a credit against the fees provided for in Section 2(a) above for such calendar month and will be drawn by Consultant to satisfy such fees as the Services are provided.

  • In the event that the fees provided for in Section 2(a) above for such calendar month exceed the Monthly Retainer, Consultant shall include an itemized invoice of such fees, which shall be due and payable by Client to Consultant within 10 calendar days of Client’s receipt; provided, however, that Consultant shall have no obligation to provide any reconciliation or itemization related to fees that do not exceed the applicable Monthly Retainer unless otherwise set forth on the Statement of Work.

  • This Agreement may be terminated by either Party prior to expiration of the Term, with or without cause, by providing written notice to the other Party at least 10 days prior to the end of the calendar month for which the most recent Monthly Retainer has been, or should have been, paid pursuant to Section 2(c) above.

  • Compensation to the contractor shall be based on: 7.1. Monthly Retainer: Negotiated “base service fee” associated with servicing ASMI’s International Program.

  • The following fees are proposed by the undersigned for Legal Services required by the Pottstown Land Bank: Monthly Retainer Fee for all General Legal Services (Section I) $ Rates for all Special Legal Services as described in Section III Hourly rate for the primary individual who is to be assigned $ to provide Legal Services to the Land Bank.

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  • The price quoted by the bidder should be in the form of Monthly Retainer Fee plus taxes as applicable.

  • When upcoming winter monitoring is conducted, the methodology should follow this report, and if there is any change, necessary modifications should be done.

  • The Monthly Retainer (as defined in the SCA) shall be drawn down according to the Hourly Compensation set forth below.


More Definitions of Monthly Retainer

Monthly Retainer means the Type A Services Monthly Retainer or the Type B Services Monthly Retainer, as applicable.

Related to Monthly Retainer

  • Annual Retainer for a particular Director means the retainer (including any additional amounts payable for serving as lead Director or on any committee of the Board), payable to that Director for serving as a Director for the relevant Remuneration Period, as determined by the Board;

  • Retainer means the annual cash retainer and the additional cash retainer for committee chairs payable to a Director as established from time to time by the Board of Directors; provided, however, that the term “Retainer” shall not include that portion of the annual cash retainer as to which a right exists to make an election under, or for which a prior election is in effect under, the Terms and Conditions Regarding the Grant of Options in Lieu of Cash Directors Fees to Non-Employee Directors Under 2011 Equity Incentive Plan of Manpower Inc. (the “Option Terms”) or the Procedures Governing the Grant of Options to Non-Employee Directors Under the 1994 Executive Stock Option and Restricted Stock Plan of Manpower Inc. (the “Option Procedures”).

  • Monthly salary means the gross amount paid to a participant making a claim under s. 40.65, at the time he or she becomes disabled within the meaning of s. 40.65 (4), by the employer in whose employ the injury occurred or the disease was contracted. Overtime pay may not be considered part of an employee’s monthly salary unless the employee received it on a regular and dependable basis.

  • Annual Service Charge as of any date means the maximum amount which is payable in any period for interest on, and original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable in respect of any Disqualified Stock.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

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

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

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

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Directors Fees means the annual fees paid by any Employer, including retainer fees and meetings fees, as compensation for serving on the board of directors.

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

  • 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)。

  • Base Pay means Executive’s annual base salary rate as in effect from time to time.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Additional Compensation has the meaning given to it in Section 10.2;

  • Annual Salary means the salary given under this Part.

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Retainer Fee means Fees prepaid by Client for Services. If Client has paid a Retainer Fee, IHS will deduct from that Retainer Fee any Fees owed for any Fixed, Time-Based, or Unit-Based Services.

  • Additional Servicing Compensation means any servicing compensation (other than Servicing Fees, Special Servicing Fees, Workout Fees or Liquidation Fees) that any Servicer is entitled to retain under the Servicing Agreement.

  • Service Year means fiscal year, except that:

  • Director Fees means the total compensation (including annual retainer and meeting fees, if any) paid by the Corporation to a Director in a calendar year for service on the Board;

  • Earnable compensation means the full rate of the

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Deferral Year means each calendar year during which the Trustee makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.