Base Fees Clause Samples
The Base Fees clause defines the standard or minimum amount payable under an agreement for specified goods or services. Typically, this clause outlines the fixed recurring charges that a client must pay, regardless of usage or additional services, and may detail the frequency and method of payment. Its core practical function is to establish a clear, predictable cost structure, ensuring both parties understand the baseline financial commitment and reducing the risk of disputes over payment expectations.
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Base Fees. For the Permit herein provided and for reimbursement of Licensor’s costs in extending all privileges and other benefits under this Agreement, Licensee shall pay Licensor a total base fee of [INSERT BASE FEE]. Licensee shall pay the base fee at or within thirty (30) days of execution of this Agreement and upon receipt of Licensor’s written invoice.
Base Fees. The Company shall pay Employee Base Fees (the “Base Fees”) equal to $375,000 per year, commencing on July 1, 2015. Payment of $12,500 shall be made bi-monthly, in accordance with the Company’s payroll plan, with the remaining $3,125 bi-monthly amount to accrue unpaid. The Company shall pay Employee the amounts accrued and unpaid hereunder at such time as management believes there is adequate cash for such payment.
Base Fees. Patheon will invoice Flexion monthly in advance for the Base Fees, and such Base Fees will be due and payable, in accordance with the provisions and invoicing procedures set forth in ARTICLE IV of the Manufacturing and Supply Agreement.
Base Fees. The Trusts pay an annual base fee of seven hundred fifty thousand dollars ($750,000) Additional Per Fund Fee for all VP Funds: $10,000 per annum In addition, the following per-account fees shall apply: For these purposes, the following categories constitute an open account on the SIS system in any one month: open account with balance, open account with zero balance, open account with negative balance and closed account with activity. Closed accounts with no activity in the month are considered a closed account for billing purposes. OPEN RETAIL ACCOUNT $ 21.50 OPEN INSTITUTIONAL ACCOUNT $ 21.50 OPEN NETWORKED LEVEL III ACCOUNT $ 10.00 CLOSED ACCOUNT $ 1.00 Per phone call over the first 4,500 in a calendar quarter: $4.50 per call Billed at mutually agreed rates.
Base Fees. During the Term of Engagement the Company shall pay H&H $450.00 per hour (the “Base Hourly Fee”) for Executive’s services, upon presentation to the Company of monthly invoices for fees and out of pocket expenses.
Base Fees. The fees set forth in the first table on Schedule B. Business Associate Agreement or BAA. The Business Associate Agreement between IT&S and Customer. Calculation Period. See the definition set forth in Sections 2(i) and (j) below.
Base Fees. The Company shall pay Employee Base Fees (the “Base Fees”) equal to $300,000 per year, effective January 1, 2014. Payment shall be made monthly, on the last day of each calendar month.
Base Fees. The Company shall pay Employee Base Fees (the “Base Fees”) equal to $120,000 per year. Payment shall be made monthly, on the last day of each calendar month. The Employee will be entitled to increases in Base Fees subject to the following provisions:
a. Employee will be entitled to an increase of $2,500.00 per month when the Company and its affiliates achieve 500 Barrels of Oil or Gas Equivalent Per Day (BOEPD) in net production to the Company and its affiliates;
b. Employee will be entitled to an additional increase of $2,500.00 per month when the Company and its affiliates achieve 750 Barrels of Oil or Gas Equivalent Per Day (BOEPD) in net production to the Company and its affiliates; and
c. Employee will be entitled to an additional increase of $2,500.00 per month when the Company and its affiliates achieve 1000 Barrels of Oil or Gas Equivalent Per Day (BOEPD) in net production to the Company and its affiliates.