Mandatory fee definition

Mandatory fee means a fee, charge, or surcharge that a car rental company includes in every vehicle rental transaction. A fee, charge, or surcharge associated with optional products and services available for purchase by a consumer at the time of rental is not a mandatory fee.
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Mandatory fee. Any fee, other than charges for Credit Hours, which a public educational institution requires all students to pay as a condition of enrollment in such institution, including but not limited to class specific fees, health fees, or technology fees. These examples are not all inclusive. Mandatory Fees are not covered by the Program as Educational Benefits. Credit Hours are the only payments made on behalf of Beneficiaries in the Program.
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Mandatory fee means fees that are charged to every Tenant regardless of that Tenant’s actions or conduct including, but not limited to, application fees, leasing fees, holding fees, billing fees, lease administration fees, utility administration fees, grounds fees, maintenance fees, service fees, convenience fees, and coordination fees, regardless of whether flat fees are used as a basis for estimating the cost of services provided. Mandatory Fees do not include fees that a Tenant incurs based on their actions including, but not limited to, fees for breaking a lease, losing of key, or violating the property’s rules. The determination of whether a fee is a Mandatory Fee does not depend on when or how frequently such payment obligations are or likely will be incurred or paid.
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Examples of Mandatory fee in a sentence

  • Mandatory fee – any amount of money, money’s worth, benefit, bonus, or gratuity demanded, received, or charged by a housing provider, unless on an opt-in basis to tenants, for any service or facility, including move-in, move-out, amenity, utility, appliance, equipment, and other fees however described, but not including late fees.

  • Mandatory fee of $10 (State regulated) WORK RELEASESome students may decide to participate in a work release program.

  • Each fee may be included in the Consolidated Mandatory fee or established as a separate fee.

  • Each fee may be included in the Consolidated Mandatory fee or established as a separate fee.b) All processing fees are established and become effective in the amount and at the time specified by the institution.iv.

  • Each fee may be included in the Consolidated Mandatory fee or established as a separate fee.v. Fines and InfractionsFines may be charged for the infraction of an institution policy (e.g., late fee, late drop, library fine, parking fine, lost card, returned check, or stop payment).

  • The arbitration proceedings are conducted under the Mandatory fee Arbitration Program (“Program”) according to these Rules of Procedure (“Rules”).

  • Mandatory fee recommendations are presented to the Board one time per year for: (1) maintenance fees and out-of-state tuition and (2) all other mandatory fees.

  • Mandatory fee levels shall be calculated so as to enable the competent authorities performing the official control activities to fully recover costs resulting from official controls (if the competent authority for which the fees are collected also carries out other activities, then only the fraction of the relevant cost elements which results from official control activities should be considered for the calculation of fees).

  • Mandatory fee recommendations may be presented to the Board one time per year for: (1) maintenance fees and out-of-state tuition and (2) all other mandatory fees.

  • There is a single buyer and a single seller in the contract market and a spot market with a competitive fringe yielding an exogenous spot price, influenced neither by the buyer nor the seller.


More Definitions of Mandatory fee

Mandatory fee means any fee, other than charges for credit hours, which a public educational institution requires all students to pay as a condition of enrollment, such as registration fees, health fees or technology fees. These examples are not all inclusive of fees. No fees are covered by this Program. Applicable credit hours are the only benefits covered by the Program.
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Mandatory fee means any fee, other than charges for credit hours, room and board, which a Public Educational Institution requires all students to pay as a condition of enrollment, such as registration fees. Fees which are course specific such as laboratory fees, contact hour charges, and fees based on the number of credit hours enrolled or health insurance fees are not covered under this Contract. These examples are not all inclusive of non-mandatory fees.‌
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Mandatory fee means any fee, other than charges for credit hours, room and board, which a Public Educational Institution requires all students to pay as a condition of enrollment, such as registration fees, the total and type of which shall not exceed the 2012 rate charged by the Public Educational Institution. Fees which are course specific such as laboratory fees, contact hour charges, and fees based on the number of credit hours enrolled or health insurance fees are not covered under this Contract. These examples are not all inclusive of non-mandatory fees.
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Mandatory fee means the fees charged by qualified Postsecondary institutions as a condition of enrollment of all full-time students, regardless of class, including but not limited to matriculation fee, infirmary fee, and capital improvement fee, as applicable to the individual institution. Mandatory fee does not under any circumstance include the expenses for student housing, meal plans, books, class or lab supplies and equipment, uniforms and laundry, transportation, course-specific fees, or any other fees or charges the Program did not consider in the determination of the annual contract pricing structure, regardless of how these fees are characterized by the institution.
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Related to Mandatory fee

  • Mandatory Guest Fee means any separate fee that a patron or guest is charged for in addition to the base room rate for a guest room, including but not limited to resort fees, facility fees, destination fees, amenity fees, urban destination fees, or any other similar fee. Mandatory Guest Fees do not include employee gratuities, state or local mandatory taxes, and other tax-like fees and assessments that are levied on a stay, as determined by us, that are passed through to a third party (such as tourism public improvement district fees, tourism or improvement assessments, and convention center fees).

  • Advisory Fee shall have the meaning given to it in Section 2.2(f) hereof.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Mandatory Costs means the percentage rate per annum calculated in accordance with Schedule 1.01(b).

  • Advisory Fees means financial advisory fees, closing fees, transaction fees, monitoring fees, oversight fees and similar fees, expenses and indemnities payable by the Loan Parties pursuant to the Advisory Agreement, but in the case of any such fees not to exceed the amounts payable in respect thereof under the Advisory Agreement as in effect on the Closing Date.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 3.50% above the Alternate Base Rate.

  • Redemption Fee means the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Entry fee means any fee paid to or received from an owner

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Cash Advance Fee means a cash advance fee or similar fee that is charged to an Account under the related Credit Card Agreement.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Transaction Fee means the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent or the Conversion Agent (as the case may be) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

  • Structuring Fee has the meaning set forth in the Fee Letter.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Break Fee means an amount to compensate a Proponent for some of the costs the Proponent had incurred in developing and submitting a Proposal in the event that the RFP Process is cancelled, as determined by the Sponsors in accordance with RFP Section 10.3.3;

  • Liquidation Fee The fee designated as such in, and payable to the Special Servicer in connection with certain events in respect of a Specially Serviced Mortgage Loan or an Administered REO Property pursuant to, Section 3.11(c).

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Mandatory income interest means the right of an income beneficiary to receive net income that the terms of the trust require the fiduciary to distribute.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%