Examples of Monthly Administrative Fee in a sentence
The quotation of the Monthly Administrative Fee (MSW) shall cover a reasonable amount of the monthly administrative fee in performing other Contractor’s obligations as stated in this MSW Schedule (viz., “Monthly Administrative Fee (MSW)”) not covered by the Quoted MSW Charges which amount shall be separately quoted in the breakdown of the Government MSW Payment.
On the other hand, if and to the extent that in respect of any monthly period, the summation of the actual MSW Charges and Monthly Administrative Fee (MSW) fall below the Government MSW Payment (or the pro rata amount thereof in the case of an incomplete calendar month), the Contractor can keep the difference.
If the Tenderer fails to submit the Quoted MSW Charges and/or the Monthly Administrative Fee (MSW)<for any Location Item>, it shall be assumed that zero amount shall be chargeable.
The teaching materials in Yu’s (1995) study were adopted from the stories written for beginning learners.
The initial amount of said Guarantee shall be three (3) times Licensee’s initial Monthly Administrative Fee.
Annual Cost of Administrative Fee: The Monthly Administrative Fee should include any additional fees outside the Cost per Call rates.
For the license rights granted herein, Licensee shall pay to City (i) an Application Fee, (ii) a Monthly Administrative Fee, and (iii) all other applicable fees required under the CSPP, all of which are fully described and set forth in Exhibit C (“Payments to City”).
The Monthly Deduction for a policy month will be calculated as Charge (1) plus Charge (2) where: CHARGE (1) is the Cost of Insurance (as described in COST OF INSURANCE) and the cost of any supplemental riders or optional benefits, and CHARGE (2) is the Monthly Administrative Fee as described under SCHEDULE 2.
The No-Lapse Monthly Deduction for a policy month will be calculated as Charge (1) plus Charge (2) where: CHARGE 1 is the No-Lapse Cost of Insurance (as described in the "No-Lapse Cost of Insurance" provision of this rider) and the cost of any additional benefits provided by rider for the policy month; and CHARGE 2 is the No-Lapse Monthly Administrative Fee (as described in the "No-Lapse Expense Charges and Fees" provision of this rider).
NGEs include the Cost of Insurance rates, Mortality and Expense Risk (“M&E”) Charge, Premium Load, Monthly Administrative Fee, interest rate used to credit the Fixed Account, and Persistency Bonus Rate.