Transition Fee Sample Clauses

Transition Fee. NATIONAL GRID shall charge ESCO a Transition Fee and ESCO shall grant to NATIONAL GRID a right to offset and reduce any and all amounts (i) due and owing ESCO from NATIONAL GRID under a BSA/Security Agreement and (ii) due and owing from NATIONAL GRID to ESCO under this Agreement until the Transition Fee is paid in full.
AutoNDA by SimpleDocs
Transition Fee. For duties performed by the Property Manager in reviewing and abstracting an Owner Subsidiary’s leases and contracts, preparing ledgers, creating a database of such Owner Subsidiary’s tenants and vendors, establishing Property bank account(s), and similar necessary, preliminary functions, the Property Manager shall pay itself from the applicable Operating Account a one-time fee (the “Transition Fee”) in the amount shown on Schedule A attached hereto and incorporated herein by this reference. The Transition Fee shall be paid within thirty (30) days after execution of an Investment Property Management Agreement with respect to a particular Property by all parties thereto or within thirty (30) days after receipt of all leases and other documents necessary to perform a full set up of any Property, whichever is later. The Transition Fee shall be based on the number of tenants with active leases in such Property, including those tenants whose lease term and/or rental have not yet commenced, but who have executed leases with the applicable Owner Subsidiary, as of the Commencement Date of the applicable Investment Property Management Agreement.
Transition Fee. Within thirty (30) days after execution by all parties to this Agreement, for duties performed by Property Manager in reviewing and abstracting Owner’s leases and contracts, preparing ledgers, creating a database of Owner’s tenants and vendors, establishing property bank account(s), and similar necessary, preliminary functions, Owner shall pay to Property Manager a one-time fee (the “Transition Fee”) in the amount shown on Schedule A attached hereto and incorporated herein by this reference. The Transition Fee shall be based on the number of tenants with active leases at the Property, including those tenants who have executed leases with Owner that have not yet commenced, as of the Commencement Date of this Agreement.
Transition Fee. Within seven (7) days after the Effective Date, XTL shall place one million U.S. dollars (US$1,000,000) in an interest-bearing escrow account. XTL shall pay to DOV the balance of such account, including interest, in cash and in accordance with wire instructions provided by DOV to XTL, within thirty (30) days of the Effective Date, subject only to DOV’s compliance with Section 4.1, and provided that for each day above and beyond the thirty (30) day period specified in Section 4.1 that DOV takes to complete the Transition, XTL shall reduce such payment at a rate of ***** percent (*****%) per month, calculated on the total number of days, provided further that no such reduction shall apply to delays that are beyond DOV’s reasonable control, including, without limitation, delays caused by Regulatory Authorities or by XTL. *****Confidential material redacted and filed separately with the Commission.
Transition Fee. Motorola will not charge additional Fees for Services related to the transition to hosted Subscription Software, as described in Section 10.1 – Transition to Subscription License Model. Notwithstanding the foregoing, subscription Fees for the applicable hosted Subscription Software are subject to the SSA and the applicable Ordering Document, and may be greater than Fees paid by DIR Customer for on-premises Subscription Software.
Transition Fee. The Call Off Contract Charges for a Transition Fee set out in Annex 1 of this Call Off Schedule 3 are the maximum that the Service Provider may charge unless otherwise agreed with the Customer. A Transition Fee will be a temporary increase on the MSP Fee for Agency Supply as set out in Annex 1 of this Call Off Schedule 3, specifically tabMSP Transition Fee Instructions, tab Transition Fee Calculator and tab Transition Resource Costs. The Transition Fee shall be dependent on the size of the transition requested by the Contracting Authority and shall be agreed with the Contracting Authority. The temporary uplift shall be commensurate with the costs of completing the transition of the Worker and their Agency Provider onto the Public Sector Resourcing Framework. Unless otherwise agreed with the Customer, the Transition Fee on the MSP Fee for Agency Supply shall remain in place for a maximum of three months, after which the MSP Fee for Agency Supply shall return to costs as set out in Annex 1 of this Call Off Schedule 3, specifically tabMSP Fees. PAYMENT TERMS/PAYMENT PROFILE The payment terms/profile which are applicable to this Call Off Contract are set out in Annex 2 of this Call Off Schedule 3.
Transition Fee. If the Transitioned Facilities are transitioned to more than one (1) New Operator, Landlord shall pay to Tenant at the time of each such transition occurring after the first transition an amount equal to $27,500 per transition.
AutoNDA by SimpleDocs
Transition Fee. On January 15, 2016, Developer will pay Republic a one-time, lump sum, transition fee in the amount of [***], in cash or other readily available funds, to fund the transition [***].
Transition Fee. At the Closing, Buyer shall pay to Sellers pro rata in accordance with their respective Percentage Interest, a transition fee totalling $58,000.
Transition Fee. Subject to the terms and conditions of this Agreement (including Section 10), the Employee’s satisfactory provision of the Services and the Employee’s compliance with the other terms and conditions of this Agreement, during the Transition Period, the Employer will pay the Employee a monthly rate of $375,000, prorated for partial months served (the “Monthly Service Fee”). Any Monthly Service Fee earned will be paid within ten
Time is Money Join Law Insider Premium to draft better contracts faster.