Sourcing Fees definition
Examples of Sourcing Fees in a sentence
The winning proposal may not be the proposal with the lowest cost.
UFPC represents and warrants that the collection by UFPC of Sourcing Fees is specifically authorized by the Bylaws of each of the Concept Co-ops.
After receiving Supplier or Operator account information, including any account information which UFPC may request from Distributor reflecting the business between Distributor and Suppliers or Operators under Title Transactions or Contract Transactions, UFPC shall send to Distributor a Sourcing Fee report that calculates the aggregate Sourcing Fees due from the Operators for each weekly or other accounting period specified by UFPC.
The Parties agree that all disputes relating to all invoices which have been or could have been submitted to DF by either Tyson or Syntroleum as of May 31, 2012 for Sourcing Fees, Running Royalty Fees, LC or Interest Fees or hourly services and expenses under the Service Agreements shall be fully satisfied by equal payments by DF to Tyson and Syntroleum in the amount of $6,597,128 with such obligations converted into additional contributions under each of the Party’s contribution accounts.
The Sourcing Fees billed but uncollected from the Operators and all Sourcing Fees collected from the Operators shall be held in trust for the benefit of UFPC.
DISTRIBUTOR shall pay all Sourcing Fees to COMPANY via initiation of an ACH credit entry each Friday with respect to those Products delivered to the Operators during the preceding week and on which a Sourcing Fee was assessed.
This provision may pertain to orders, acknowledgements, sales reports, Sourcing Fees, price lists, order guides, receipts from Suppliers, inventory positions, shipments to Retail Outlets, Retail Outlet delivered pricing components or any other regularly reported information to allow UFPC to monitor, with reasonable ease and accuracy, Distributor’s compliance with the price and other terms of this Agreement and any Participant Joinder Agreements.
COMPANY specifically represents and warrants that such Sourcing Fees (or increases in the invoiced Cost) have been and will continue to be disclosed to all Operators, and that the charging and collection of such Sourcing Fees (or increased Cost) I permitted under its or its affiliates’ agreements with the Operators and does not violate any applicable laws.
Distributor will remit all collected Sourcing Fees to UFPC by wire transfer to UFPC’s designated account within thirty (30) days after the close of the specified accounting period.
The Sourcing Fees will at all times be and remain the property of UFPC and Distributor shall serve only as a bailee and agent of UFPC for billing and trustee for UFPC in collecting and holding the Sourcing Fees for UFPC’s benefit, and remitting the Sourcing Fees to UFPC.