Compensation for Management Services. As compensation for its continuous acceptable management services as defined in the license Agreement, PCS shall pay CCI the following:
Compensation for Management Services. The Owner acknowledges and agrees to pay the following costs: (a) one-time $200 initial set up fee for the first unit and $100 per additional unit; (b) a fee of 8% of monthly gross rents the Manager collects, without reduction for any Owner concessions, which is due and owing when rent is due for all full and prorated months for the Management Services; (c) a leasing fee of 50% of one full month’s rent due upon Lease execution; (d) periodic property review, market rent assessment, and Lease renewal for a fee of 12.5% of one month's rent; (e) $25 administrative fee for preparation of annual year end statements. If any Federal, State or Local Government laws, rules, regulations, ordinances, orders, declarations, or otherwise temporarily suspend, cease, or xxxxx a tenant’s rent payment the management fee shall remain due and owing. If someone besides Manager (E.g. prior property manager, owner) placed the tenant and tenant does not pay rent on time the management fee shall remain due and owing.
Compensation for Management Services. As compensation for entering into the Agreement to provide such services, the Company shall pay to ProtoLogic the sum of Ninety Thousand Dollars ($90,000). ProtoLogic hereby agrees to the amortization of this amount as twelve (12) equal payments of Seven Thousand Five Hundred Dollars ($7,500.00) payable in advance each month commencing April 1st, 2005.
Compensation for Management Services. 2.1 As compensation for the Management Services, the Company shall pay to Manager and/or its designees, as determined by Manager in its sole discretion, the Service Fee, in the amount(s) set forth on Schedule B (as the same may be updated from time to time) in accordance with the terms and conditions set forth therein. Without limiting the generality of the foregoing, the Company shall promptly reimburse Manager for any cost recovery fees or expenses payable to Manager’s affiliates or subcontractors if the efforts required of any such party to support the Management Services exceed the scope contemplated by Manager as of the Effective Date.
Compensation for Management Services. As compensation for the management services provided hereunder, Licensee shall pay Service Agent as follows: Initial term $125,000 per year Renewal term (if any) $150,000 per year Payment shall be due on the first business day of the calendar month to which the payment applies and may be pro-rated for any calendar month that does not fall entirely within the term of the Agreement.
Compensation for Management Services. Seller shall pay Purchaser for the Management Services during the Transition Period as follows:
Compensation for Management Services. As consideration for the Management Services described in Section 1 above, Company shall pay to Newcourt monthly management fees equal to * (the "Base Fee"), plus or minus any increase or decrease pursuant to the terms and conditions set forth in Exhibit A attached hereto (the "Newcourt Management Fees"). * Company shall reimburse Newcourt for all expenses actually incurred by Newcourt in providing the services described in Subsections (e), (f) and (g) of Section 1 above (the "Newcourt Expenses"). The Newcourt Management Fees and the Newcourt Expenses shall be payable monthly in immediately available funds, in arrears, by Company to Newcourt by the 15th day of the following month. The first payment shall be due on April 15, 1999. Notwithstanding the foregoing, to the extent that the Board of Directors of Company determines, after due consideration of Company's income and expenses (including the amount of the Royalty Fee and the Snap-on Management Fees) in any month, that Company's * is insufficient to pay the full amount of * which are due and payable that month, then Company shall pay a pro rata portion of each of * which are due and payable that month and the shortfalls shall be paid on a pro rata basis from future * , as determined by Company's Board of Directors, together with the monthly payment that is then due hereunder. The term "Originations" shall mean the Finance Contracts recorded by Company on its books and records as an asset regardless if such Finance Contracts are purchased by Company from an Authorized Dealer, Snap-on Incorporated or any of its Affiliates or are originated directly by Company or are originated directly by Newcourt pursuant to any vendor program agreement authorized by Company; provided, however, that any Finance Contracts included in the Existing Portfolio shall be excluded from the definition.
Compensation for Management Services. (a) In consideration of the provision by the Manager to APT, APT Parent and APT Holding of the services set out herein, APT Parent shall be obligated to pay to the Manager the fees set out in Exhibit II hereto (collectively, “Management Fees”) on such terms and at such times as set out therein. For the avoidance of doubt, no Management Fee shall be payable for any period following a Termination Event.
Compensation for Management Services. No Manager or Officer shall receive no compensation for its services rendered to the Company as Manager or Officer.
Compensation for Management Services. 20 4.4 Payment of Manager's Compensation..............................................................21
