Compensation for the Management of Clause Samples

The "Compensation for the Management of" clause defines the terms under which a manager or management entity is paid for their services. Typically, this clause outlines the calculation method for management fees, such as a fixed amount, a percentage of revenue, or another agreed formula, and specifies the payment schedule and any conditions for adjustments. Its core function is to ensure both parties have a clear understanding of how and when management compensation will be provided, thereby preventing disputes and aligning expectations regarding payment for management services.
Compensation for the Management of operations by the Co-contractor. §1. The Co-contractor may obtain compensation from Ecotrel for any WEEE for which it can prove to have itself taken on the management, as well as for processing costs, provided all the following conditions are observed: §2. Ecotrel determines per category of appliance the compensation payable to the Co-contractor for managing the collection and processing of WEEEs. §3. The Co-contractor will provide Ecotrel with the necessary documents to support its request for compensation. On the basis of these documents, Ecotrel will decide whether the Co- contractor is eligible for compensation. If the request is rejected, Ecotrel will send a written justification of rejection to the Co-contractor. §4. It is the Co-contractor's responsibility to inform the appropriate Authorities where necessary, of the way in which it ensured the respect of the various legislations in vigour for the WEEEs collected and processed under its supervision, and for which it has applied for compensation from Ecotrel. §5. Ecotrel will refund the recycling fees as stipulated in article 6, §5, at the latest thirty days after receipt of the annual global declaration.
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Related to Compensation for the Management of

  • Compensation of the Manager For the services to be rendered by the Manager as provided in this Agreement, the Fund shall pay to the Manager a fee computed on the aggregate net asset value of the Portfolio as of the close of each business day and payable monthly at the annual rate of 0.20%. In the event that this Agreement is terminated at other than a month-end, the fee for such month shall be prorated, as applicable.

  • Compensation for the Master Servicer The Master Servicer will be entitled to all income and gain realized from any investment of funds in the Distribution Account and the Master Servicer Collection Account, pursuant to Article IV, for the performance of its activities hereunder. Servicing compensation in the form of assumption fees, if any, late payment charges, as collected, if any, or otherwise (but not including any prepayment premium or penalty) shall be retained by the applicable Servicer and shall not be deposited in the Protected Account. The Master Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

  • COMPENSATION OF THE MANAGER BY FUND For all services to be rendered and payments made as provided in Sections 1, 2 and 4 hereof, the Fund will accrue daily and pay the Manager monthly, or at such other intervals as the Fund and Manager may agree, a fee based on the average of the values placed on the net assets of each Series of the Fund as of the time of determination of the net asset value on each trading day throughout the month in accordance with Schedule 1 attached hereto. Net asset value shall be determined pursuant to applicable provisions of the Articles of Incorporation of the Fund. If pursuant to such provisions the determination of net asset value is suspended, then for the purposes of this Section 5 the value of the net assets of the Fund as last determined shall be deemed to be the value of the net assets for each day the suspension continues. The Manager may, at its option, waive all or part of its compensation for such period of time as it deems necessary or appropriate.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Management Compensation As compensation for your services in the management of the offering, we will pay you an amount equal to the management fee specified in the Invitation in respect of the Securities to be purchased by us pursuant to the Purchase Agreement, and we authorize you to charge our account with such amount. If there is more than one Representative, such compensation shall be divided among the Representatives in such proportions as they may determine.