Periodic fixed fee definition
Periodic fixed fee means a stated dollar amount for services rendered for a specified period of time.4 The stated dollar amount may automatically increase according to a specified, objective external standard that is not linked to the output or efficiency of the managed property. Capitation fees and per-unit fees are not periodic fixed fees.
Periodic fixed fee means a stated dollar amount for services rendered for a specified period of time, for example, a stated dollar amount per month. The stated dollar amount may automatically increase according to a specified, objective, external standard (such as the Consumer Price Index) that is not linked to the output or efficiency of a facility.
Periodic fixed fee means a stated dollar amount for services rendered for a specified period of time. The stated dollar amount may automatically increase according to a specified, objective, external standard, such as the Consumer Price Index.
More Definitions of Periodic fixed fee
Periodic fixed fee means a stated dollar amount for services rendered for a specified period of time. For example, a stated dollar amount per month is a periodic fixed fee. The stated dollar amount may automatically increase according to a specified, objective, external standard that is not linked to the output or efficiency of the property to be financed or refinanced by the Loan. For example, the Consumer Price Index and similar external indices that track increases in prices in an area or increases in revenues or costs in an industry are objective external standards. “Capitation fees” and “per-unit fees” are not periodic fixed fees.
Periodic fixed fee means a stated dollar amount for services rendered for a specified period of time. The stated dollar amount may automatically increase according to a specified, objective, external standard that is not linked to the output or efficiency of a facility. For example, the Consumer Price Index and similar external indices that track increases in prices in an area or increases in revenues or costs in an industry are objective external standards. For purposes of the compensation arrangements described in 2.3(a)(i)(A) and (B), a fee will not fail to qualify as a Periodic Fixed Fee as a result of a one-time incentive award during the term of the Management Contract under which compensation automatically increases when a gross revenue or expense target (but not both) is reached, if that award is equal to a single, stated dollar amount.
Periodic fixed fee means a stated dollar amount for services rendered for a specified period of time. For example, a stated dollar amount per month is a periodic fixed fee. The stated dollar amount may automatically increase according to a specified, objective, external standard that is not linked to the output or efficiency of the Governmental Project. For example, the Consumer Price Index and similar external indices that track increases in prices in an area or increases in revenues or costs in an industry are objective external standards. “Capitation fees” and “per-unit fees” are not periodic fixed fees. “Per-Unit Fee”