Operator Fee definition

Operator Fee means the fee to be paid by the Owner Entity to Operator for the services provided pursuant to this Agreement as set forth in Section 3.1.
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Operator Fee means a one-off fee set by a separate agreement between the Operator and the Borrower, which is paid by the Borrower to the Operator for the administration of the Loan under the Loan Agreement and the Platform Agreement until discharge of the obligations under the Loan Agreement. The amount of the fee is determined for each Borrower individually in accordance with the Service Fees published on the Platform, taking into account the credit risk, the Loan Amount, the Loan Amount repayment term and other important circumstances.
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Operator Fee means the amount to be paid to Operator pursuant to Section 6.1.1 hereof.
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Examples of Operator Fee in a sentence

  • The Owner may terminate the Operator for failure to remedy an Event of Default, such termination to be effective on the date specified in the Notice of Termination, and the Operator shall forfeit any Operator Fee not yet paid or owing for the remainder of the Term.

  • Upon the sale of a hotel by the Owner/Lessee, Operator will be entitled to an Operator Fee equivalent to the monthly average of the preceding twelve (12) months Operator Fee for a sixty (60) day period after the sale.

  • In the event of such termination, the Owner shall pay all amounts due the Operator, including the Operator Fee, Incentive Fee (if any, for the current period), and any unreimbursed costs advanced by the Operator for Operating Costs then due.

  • Upon the sale of the hotel by the Lessee, Operator will be entitled to an Operator Fee equivalent to the monthly average of the preceding twelve (12) months Operator Fee for a sixty (60) day period after the sale.

  • The Owner shall pay to the Operator the base Operator Fee of $400,000 per calendar year, in equal quarterly installments in arrears (prorated for any partial quarterly period between the Effective Date and the first day of the next full Calendar Quarter), due and payable on the first day of the following Calendar Quarter until such time as this Agreement is terminated as provided for in Article 5 or 6.

  • If at any time during the Operating Term any Hotel or any portion thereof should be damaged or destroyed such that the Hotel is rendered temporarily inoperable and Lessee does not exercise their right to terminate this Agreement, Operator will be entitled to an Operator Fee equivalent to the monthly average of the preceding twelve (12) months Operator Fee for a sixty (60) day period after the closure.

  • Upon the Transfer Date, the Company shall pay to Back-up Servicer the One-Time Successor Operator Fee set forth on Schedule 2 hereto (the “One-Time Successor Operator Fee”), together with reimbursement for all reasonable out-of-pocket expenses that Back-up Servicer incurs in connection with the transition of the Services from Operator to Back-up Servicer.

  • Back-up Servicer shall have no obligation to serve as successor Operator unless and until it has received the One-Time Successor Operator Fee.

  • BCPP Limited will receive an Operator Fee from the Administering Authorities, which is to cover the Company’s operating costs including executive salaries, audit fees; premise charges, etc.

  • If expenses, including the Operator Fee, exceed income, an invoice will be submitted with the reports.


More Definitions of Operator Fee

Operator Fee shall have the meaning set forth in section 5.2.
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Operator Fee has the meaning specified in Section 2.3.
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Operator Fee means, collectively, the O&M Fees and Administrative Fees owed to the Operator under each MOMA. [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
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Operator Fee means the Management Fee (as defined in the O&M Agreement) due and payable to the Operator pursuant to Section 6.3 of the O&M Agreement.
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Operator Fee means for each Payment Date (in accordance with and subject to the Priority of Payments) an amount equal to the product of (i) 25% of the Base Rate and (ii) the DC kilowatts of installed nameplate capacity of all PV Systems owned by the Project Company on the related Calculation Date (excluding Defaulted Solar Assets that are not operational and not in the process of being removed or redeployed).
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Operator Fee means from the revenue share resulting from the revenues of the gas wells that use the Carbon Capture Units, CETA will take between 35% and 65% of the revenue share allocated to the Carbon Capture Units under the following waterfall scenario.
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Related to Operator Fee

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Operating Advisor Fee With respect to any Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) and any Distribution Date, an amount accrued during the related Interest Accrual Period at the applicable Operating Advisor Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. Such fee shall be in addition to, and not in lieu of, any other fee or other sum payable to the Operating Advisor under this Agreement. For the avoidance of doubt, the Operating Advisor Fee shall be payable from the Lower-Tier REMIC.

  • Operating Advisor Fee Rate With respect to each Interest Accrual Period, a rate equal to 0.00125% per annum.

  • interchange fee means a fee paid between the payment service providers of the payer and of the payee for each direct debit transaction;

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Certificate Administrator Fee Rate 0.0031% per annum.

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Trustee Fee Rate 0.0025% per annum.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Certificate Administrator Fee With respect to each Mortgage Loan and the beneficial interest of the Trust Fund in each REO Mortgage Loan, the fee designated as such and payable to the Certificate Administrator pursuant to Section 8.05(a). The Certificate Administrator Fee includes the Tax Administrator Fee and the Trustee Fee, each of which shall be paid by the Certificate Administrator as provided herein.

  • referral fee means any form of compensation, direct or indirect, paid for the referral of a client to or from a registrant.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Servicer Fee has the meaning specified in Section 2.05(a).

  • Program Fee As defined in the Fee Letter.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Master Servicing Fee Rate With respect to each Mortgage Loan, 0.25% per annum.

  • Total Servicing Fee means the sum of the Basic Servicing Fee and the Supplemental Servicing Fee.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.