Allocation of Fee Clause Samples

The Allocation of Fee clause defines how fees or payments are distributed among the parties involved in an agreement. It typically outlines the specific amounts or percentages each party is entitled to, the timing of payments, and any conditions that must be met for the allocation to occur. This clause ensures transparency and prevents disputes by clearly specifying financial responsibilities and entitlements, thereby facilitating smooth financial transactions between the parties.
Allocation of Fee. Unless the parties agree otherwise, the Rights Acquisition Fee will be allocated as follows: (a) to the Existing Playboy Library and Wallpaper (each as defined in the Program Supply Agreement); (b) to the trademark license for Year 1 through Year 10 pursuant to the Trademark License Agreement; (c) to the interests in the U.K. Venture (as set forth in Section 7.2, below); (d) to the interests in the Japan Venture (as set forth in Section 7.2, below); (e) to the interests in SEI 2 (as set forth in Section 7.2 below); and (f) to the interests in SEI 3 (as set forth in Section 7.2 below). The foregoing allocation will be applied to each installment of the Rights Acquisition Fee on a pro rata basis.
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Allocation of Fee. Each member of the Triarc Beverage Group agrees that, as between the members of the Triarc Beverage Group (and having no effect on the joint and several obligations of the members of the Triarc Beverage Group to Triarc under paragraph 3 hereof), the Fee shall be allocated among each of the members of the Triarc Beverage Group in accordance with the following formula. With respect to the Fee due for any fiscal year, each member of the Triarc Beverage Group shall pay an amount equal to the Fee for such fiscal year multiplied by a fraction, the numerator of which is the greater of (x) such company's EBITDA, as set forth in such company's "Annual Operating Plan," for the fiscal year for which the Fee is being computed (the "Reference Period") and (y) 10% of such company's revenues for the Reference Period, as set forth in such company's Annual Operating Plan, and the denominator of which is the sum of the numerators for all of the members of the Triarc Beverage Group that are parties hereto.
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Allocation of Fee. Purchase of U.K. Venture, Japan Venture and Danish Companies. On the date hereof, PEGI and the Company have entered into the Stock Purchase Agreements pursuant to which PEGI will transfer, convey and assign to the Company all of its right, title and interest of any kind in and to the U.K. Venture, the Japan Venture and the Danish Companies (collectively, the "Acquired Interests"). The Company will assume PEI's (and its Affiliates') obligations under the Share Purchase Agreement (relating to the U.K. Venture) and the Memorandum of Agreement (relating to the Japan Venture) on the terms set forth in the respective Stock Purchase Agreements. Schedule 7.2 describes, as of the date hereof, the interests of PEGI in the U.K. Venture, the Japan Venture and the Danish Companies, including the type of entity (corporation, -------- *** Confidential information omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission. partnership, limited liability company, etc.) and the names and percentage interests of all of the owners of each entity. The Funding Side Letter sets forth the amount of the funds advanced by PEGI to the U.K. Venture from and after July 1, 1999, the amount of the funds loaned to the U.K. Venture prior to March 31, 1999, and the manner in which such amounts will be paid.
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Allocation of Fee. The Agent shall forward to each Bank its Pro Rata Share of the fee referred to in section 3(b).
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Allocation of Fee. Arby's agrees that, as between it and the other members of the Triarc Restaurant Group that become a party to this Agreement in accordance with paragraph 13 hereof (and having no effect on the obligations of Arby's to Triarc under paragraph 3 hereof), the Fee shall be allocated among each of the members of the Triarc Restaurant Group as they shall mutually agree. As used herein the term "Triarc Restaurant Group" shall mean, collectively, Arby's, and any other subsidiary of Triarc Consumer Products Group, LLC (or any successor thereto) that is primarily engaged in the restaurant or restaurant franchising business or any business related, ancillary or complementary thereto that determines to become a party to this Agreement.
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Related to Allocation of Fee

  • Proration of Fee If this Agreement becomes effective or terminates before the end of any month, the Fee for the period from the effective date to the end of such month or from the beginning of such month to the date of termination, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination occurs.

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Allocation of Funds A. The Faculty Development Committee shall approve all applications for reassignment of duties that do not require additional funding and have been endorsed by the applicant’s Division. B. The Faculty Development Committee shall follow the guidelines established in consultation between the parties in deciding which applications for faculty development funding will be approved.

  • Payment of Fee The Trust (and/or the Distributor) shall pay the Website Hosting and TSR Delivery Fee to the Company, in full, within 30 business days after the end of the semi-annual period.

  • Allocation of Recovery Under the Bond In the event Actual Loss is suffered by any two or more of the Funds, any recovery under the Bond will be allocated among such Funds in the following manner: a. If the Fidelity Coverage exceeds or is equal to the amount of the combined Actual Losses of the Funds suffering Actual Loss, then each such Fund shall be entitled to recover the amount of its Actual Loss. b. If the amount of Actual Loss of each Fund suffering Actual Loss exceeds its Minimum Coverage Requirement and the amount of the Funds' combined Actual Losses exceeds the Fidelity Coverage, then each Fund shall be entitled to recover (i) its Minimum Coverage Requirement, and (ii) to the extent there exists Excess Coverage, the proportion of the Excess Coverage which its Minimum Coverage Requirement bears to the amount of the combined Minimum Coverage Requirements of the Funds suffering Actual Loss; provided, however, that if the Actual Loss of any of such Funds is less than the sum of (i) and (ii) of this subpart (b), then such difference shall be recoverable by the other Funds in proportion to their relative Minimum Coverage Requirements. c. If (i) the amount of Actual Loss suffered by any Fund is less than or equal to its Minimum Coverage Requirement, (ii) the amount of Actual Loss of the other Funds exceeds its or their Minimum Coverage Requirement(s) and (iii) the amount of the combined Actual Losses of the Funds exceeds the Fidelity Coverage, then any Fund which has suffered an amount of Actual Loss less than or equal to its Minimum Coverage Requirement shall be entitled to recover its Actual Loss. If only one other Fund has suffered Actual Loss, it shall be entitled to recover the amount of the Fidelity Coverage remaining. If more than one other Fund has suffered Actual Loss in excess of the remaining coverage, they shall allocate such remaining coverage in accordance with Section III(b) of this Agreement.