Transition Fee definition

Transition Fee means the fee paid by ESCO to NATIONAL GRID that is determined in accordance with the fee schedule set forth in Attachment C established pursuant to the methodology set forth in the Joint Proposal.
Transition Fee means a one-time fee in an amount equal to $25,000, payable to the Backup Manager on the Payment Date immediately following its first appointment as replacement Manager in accordance with the terms of the Backup Management Agreement.
Transition Fee means the charges set forth in Section IX (Transition Fees) and Table C.1.1.a and C.1.2.a (Charges – US & Canada Retained) and (Charges – by Country Retained).

Examples of Transition Fee in a sentence

  • 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.


More Definitions of Transition Fee

Transition Fee means a fee in the amount of $50,000 payable to the Backup Servicer in connection with a transfer of servicing from the Servicer to the Backup Servicer as the successor Servicer.
Transition Fee means those Fees for Transition Services as set out in Schedule C (Fees and Fee Methodology).
Transition Fee means the fee payable to the Service Provider in the event that a Customer requires the transition of a Worker to the Public Sector Resourcing Framework from another source, whilst the Worker remains contracted directly with the Agency Provider;
Transition Fee means an amount equal to (i) $15,000,000; plus (ii) (x) 4 multiplied by (y) the Subject Fees; provided, that in no event shall the Transition Fee exceed an amount equal to (a) 4.5 multiplied by (b) the Subject Fees.
Transition Fee means the charges set forth in Section XI (Transition Fees) and Table C.1 (Annual Services Charge) and Table Monthly C.1 (Annual Services Charge – Monthly).
Transition Fee means the "Transition Fee" as defined under the Transition Agreement.
Transition Fee means those Fees for Transition Services as set out in Attachment F (Fees and Fee Methodology) of Exhibit 2.