Product Fee definition
Product Fee means a fee payable to the Programme Counterparty in respect of the relevant Series of ETC Securities and which is equal to the Product Fee Percentage which accrues on a daily basis and is applied to the aggregate Metal Entitlement per ETC Security of the Series of ETC Securities on each Scheduled Valuation Day.
Product Fee has the meaning set forth in Section 2.4.
Product Fee means, in respect of a Series, a reduction to the Metal Entitlement per ETC Security and which, as a result of such reduction, operates as a charge on holders of ETC Securities. The Issuer will periodically realise Metal equal to such charge and the proceeds will be credited to the Series Cash Account and payable to the Programme Administrator in accordance with the Programme Administrator Agreement. The Programme Administrator Agreement provides that the Programme Administrator will use the Product Fee in relation to each Series of ETC Securities to pay on behalf of the Issuer the costs of the Programme (as set out in the schedule to the Programme Administrator Agreement) relating to such Series of ETC Securities (for example the fees, costs and charges of the Transaction Parties) and the Issuer more generally. The Product Fee for this Series of ETC Securities will be calculated in accordance with Condition 4 using the Product Fee Percentage and shall accrue on a daily basis and be applied to the aggregate Metal Entitlement per ETC Security of the Series of ETC Securities on each Valuation Day.”
Examples of Product Fee in a sentence
The Product Fee stated herein is calculated as at the 1st January 2015.
Starting on the […***…], the Product Fee shall be adjusted annually to reflect any increase in the UK Consumer Price Index: All Items Index published by the Office for National Statistics (as published at ▇▇▇.▇▇▇.▇▇▇.▇▇, specific details are located at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇.▇▇/ons/rel/cpi/consumer-price-indices/) during the preceding twelve (12) months (based on the average of the monthly changes over the 12-month period).
Starting on the [**], the Product Fee shall be adjusted annually to reflect upwards or downwards, any increase or decrease in the UK RPIJ: All Items Index published by the Office for National Statistics (as published at ▇▇▇.▇▇▇.▇▇▇.▇▇) during the preceding twelve (12) months.
More Definitions of Product Fee
Product Fee means, in respect of a Series, a reduction to the Allowance(s) Entitlement per Carbon ETC Security and which, as a result of such reduction, operates as a charge on holders of Carbon ETC Securities. The Issuer will periodically offer to sell relevant Product Fee Allowance(s) (the number of Allowance(s) calculated pursuant to the relevant Determination Agent Agreement and relevant Carbon Counterparty Agreement and such number of Allowance(s) subject to rounding in accordance with clause
Product Fee means the fee payable by K&S to AGR MATTHEY as specified in Item 5 of the Schedule 1 and detailed in Clause 5;
Product Fee means the royalty, commission, fee, or price to be paid for a Product.
Product Fee shall have the meaning ascribed in Section 5.1.
Product Fee means, in respect of a Series, a reduction to the Metal Entitlement per ETC Security and which, as a result of such reduction, operates as a charge on holders of ETC Securities. The Issuer will periodically realise Metal equal to such charge and the proceeds will be credited to the Series Cash Account and used by the Issuer to meet fees, costs and charges payable to the Transaction Parties and of the Issuer more generally. The Product Fee for this Series of ETC Securities will be calculated in accordance with Condition Error! Reference source not found. using the Product Fee Percentage and shall accrue on a daily basis and be applied to the aggregate Metal Entitlement per ETC Security of the Series of ETC Securities on each Valuation Day.
Product Fee means the manufacturing fee to be charged by Manufacturer for the Products to be provided to Customer hereunder, which fee shall include the costs of materials, manufacturing, standard quality control and quality assurance, testing, documentation and packaging, which fee is set forth in Annex E;
Product Fee means any fee of any kind charged to a User in connection with an Approved Vendor Product subscribed to, obtained, or otherwise accessed by the User via the HP Command Center Service Catalogue.