FEES AND REMUNERATION Clause Examples
The 'Fees and Remuneration' clause defines how and when payments will be made for services rendered under the agreement. It typically outlines the specific amounts or rates to be paid, the schedule or milestones for payment, and any conditions or methods for invoicing and reimbursement of expenses. This clause ensures both parties have a clear understanding of financial obligations, helping to prevent disputes over compensation and ensuring timely and accurate payment for work performed.
FEES AND REMUNERATION. As consideration for entering into this Agreement and until the earliest of the appointment of Intertrust Administrative Services B.V. as Administrator hereunder becomes effective or termination of this Agreement, the CBC shall pay to the Back-up Administrator a fee as separately agreed in the fee letter dated 27 August 2020 and signed for acceptance.
FEES AND REMUNERATION. 3.1 The applicable monthly fixed charges, trading commission, profit sharing charges, performance fee charges, annual management fee and other relevant fees payable by the Client to the Authorized Trader for the Authorized Trading shall be calculated based on a cut or fixed percentage from the High Water Mark set forth in the Trading Platform, whereby the charges shall only be applicable when there is a new High Water Mark (“Remuneration”). The Client shall read and accept the applicable Remuneration imposed prior to the Authorized Trading.
3.2 Once the Client accepts the Authorized Trading, the Remuneration shall be automatically deducted from the Client’s Account and paid directly to the Authorized Trader’s Account.
3.3 In the event the Client do not have sufficient funds in the Account for the Authorized Trading, the Client acknowledges that the Authorized Trading shall remain in force and the Client is obliged to pay all outstanding Remuneration for the Authorized Trading upon notice.
FEES AND REMUNERATION. 3.1 The University shall pay the Facilitator:
3.1.1 A Recruitment Fee of Four Hundred US Dollars (US$400.00), less withholding tax as prescribed by law, for every referred Applicant duly enrolled and matriculated at with the University; and
3.1.2 Payment of the sum mentioned in 3.1.1 above shall be made within two weeks after the submission of a duly approved payment claim by the Facilitator.
FEES AND REMUNERATION. The Trustees shall be paid out of the funds of MSAF their reasonable traveling and other expenses (including reasonable fees and expenses of counsel and other experts) properly and necessarily expended by them in attending meetings of the Trustees or otherwise in the affairs of MSAF. The Independent Trustees shall each be paid by way of remuneration for their services a sum of $50,000 per annum which shall be deemed to accrue from day to day. The Delaware Trustee shall be paid such fee(s) as shall be agreed upon in a separate fee agreement to be entered into by the Delaware Trustee and MSAF.
FEES AND REMUNERATION. 4A.1 The applicable monthly fixed charges, trading commission, profit sharing charges, performance fee charges, annual management fee and other relevant fees payable by the Follower to the Authorized Trader for the Authorized Trading may either be:
(a) dealt and discussed privately between the Follower and the Authorized Trader and set forth in the Copy Trading system; or
(b) based on a cut or fixed percentage from the High Water Mark set forth in the First Schedule, whereby the charges shall only be applicable when there is a new High Water Mark; (“Remuneration”). The Follower shall read and accept the applicable Remuneration imposed by the Authorized Trader prior to the Authorized Trading.
4A.2 Once the Follower accepts the Authorized Trading, the Remuneration may be automatically deducted from the Follower’s Account and paid directly to the Authorized Trader’s Account.
4A.3 In the event the Follower do not have sufficient funds in the Account for the Authorized Trading, the Follower acknowledges that the Authorized Trading shall remain in force and the Follower is obliged to pay all outstanding Remuneration for the Authorized Trading upon notice.
4A.4 The Authorized Trader may provide additional services at additional costs to the Follower. The Follower acknowledges the additional services are provided independently by the Authorized Trader. Doo Prime shall not entertain any dispute and any claim as a result of the Authorized Trading and the additional services provided.
FEES AND REMUNERATION. As consideration for entering into this Agreement and until the termination of the appointment of the Sub-Administrator hereunder or termination of this Agreement, the Administrator shall pay to the Sub-Administrator an annual fee to be separately agreed. The fee shall be reduced if and to the extent any of the CBC Services performed by the Sub-Administrator shall be performed by the Administrator itself or any other party appointed by the Administrator pursuant to the Administration Agreement in a manner as agreed upon between the Administrator and the Sub-Administrator (and therefore are no longer performed by the Sub-Administrator). If this Agreement is terminated, the fee shall be equal to the agreed annual fee divided by the actual days of such year multiplied by the number of days from the first day of such year up to and including the day of such termination.
FEES AND REMUNERATION. 18 SECTION 3.20. Trustees May Rely.............................. 18 SECTION 3.21. Trustees Act Solely as Trustees................ 19 SECTION 3.22. No Expenses for the Trustees................... 19 SECTION 3.23. No Representations or Warranties as to Certain Matters................................ 19
FEES AND REMUNERATION. 2.1 The Representative acknowledges and agrees that FSPartners will:
(a) be entitled to all brokerage, commissions, bonuses, fees, trail commissions and other incentives and benefits, other than Soft Dollar Incentives, payable by issuers of Products in respect of Products distributed by FSPartners Representatives, and
(b) hold all brokerage, commission, bonuses, fees, trail commissions and other incentives and benefits, other than Soft Dollar Incentives, paid by issuers of Products in a bank account separate from other FSPartners business banking accounts and pay to the Representative and to FSPartners the respective amounts due to each party under this Agreement at least monthly, or if FSPartners has given at least 30 days notice to the Representative, at such other times as notified by FSPartners
2.2 The Representative must (to the extent to which this may be necessary) direct the issuers of Products to pay amounts to FSPartners in accordance with clause 2.1(a). The Representative agrees to indemnify FSPartners for any loss suffered by FSPartners as a result of any failure by the Representative to comply with this clause.
2.3 The Representative will be entitled to be remunerated in accordance with Schedule 2.
2.4 The Representative agrees to pay FSPartners the charges and reimbursable amounts in accordance with Schedule 2.
2.5 The parties must issue tax invoices in accordance with Item 4 of Schedule 2.
2.6 The Representative must issue tax invoices to Clients in accordance with Item 5 of Schedule 2.
FEES AND REMUNERATION. Executive hereby agrees that all fees or other remuneration received or collected as a result of services rendered by him to Employer or otherwise relating in any manner to Employer's business shall be the property of Employer. Executive acknowledges that his employment does not confer upon him any ownership interest in or claim upon any fees earned by Employer for his services, whether said fees are collected during his employment or after the termination thereof. Executive expressly agrees that the compensation and benefits received by him or payable to him under this Agreement shall satisfy and discharge in full all his claims upon Employer for compensation in respect of his services.
FEES AND REMUNERATION. The Trustee is entitled to remuneration for its services in accordance with its published terms and conditions for business in force from time to time.