Evaluator's Compensation Sample Clauses

The Evaluator's Compensation clause defines how and when the evaluator will be paid for their services under the agreement. It typically outlines the payment structure, such as hourly rates, flat fees, or milestone-based payments, and may specify reimbursement for expenses incurred during the evaluation process. This clause ensures that both parties have a clear understanding of the evaluator's remuneration, helping to prevent disputes over payment and clarifying financial expectations.
Evaluator's Compensation. 24 Section 4.04.
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Evaluator's Compensation. As compensation for its services hereunder, the Evaluator, with respect to each series, shall receive against a statement therefor submitted to the Trustee quarterly on or before each Quarterly Distribution Date from the Income Account to the extent funds are available and thereafter from the Principal Account the amount as set forth in the Summary of Essential Information in the Prospectus for each evaluation of the series, provided, however, that if at any time the fee of the Trustee shall have been increased pursuant to Section 6.04, the compensation of the Evaluator hereunder shall at the same time be ratably increased.
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Evaluator's Compensation. As compensation for its services hereunder, the Evaluator shall receive against a statement therefor submitted to the Trustee monthly on or before each monthly Computation Day the amount set forth in Part II of the applicable Reference Trust Agreement.
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Evaluator's Compensation. As compensation for its services hereunder, the Evaluator, with respect to each series of the Trust, shall receive against a statement therefor submitted to the Trustee annually on or before each Distribution Date from the Income Account to the extent funds are available and thereafter from the Principal Account the amounts set forth in Part II of the Reference Trust Agreement for such series, provided, however, that if at any time the fee of the Trustee shall have been increased pursuant to Section 6.4, the compensation of the Evaluator hereunder shall at the same time be ratably increased.” (o) ARTICLE 4 shall be amended to add a new Section 4.5 as follows:
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Evaluator's Compensation. As compensation for its services hereunder, the Evaluator, with respect to each series, shall receive against a statement therefor submitted to the Trustee monthly on or before each Computation Date the amount as set forth in the Summary of Essential Information in the Prospectus for each evaluation of the series, provided, however, that if at any time the fee of the Trustee shall have been increased pursuant to Section 6.04, the Compensation of the Evaluator hereunder shall at the same time be ratably increased.
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Evaluator's Compensation. As compensation for its services hereunder, the Evaluator, with respect to the Trust, shall receive against a statement therefor submitted to the Trustee monthly or annually in the amount set forth under “Summary of Essential Information” in the Prospectus for each evaluation of the Bonds in the Trust; provided; however, that if at any time the fee of the Portfolio Supervisor shall have been increased pursuant to Section 7.4, the compensation of the Evaluator hereunder shall at the same time be ratably increased.
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Evaluator's Compensation. As compensation for its services hereunder, the Evaluator shall receive against a statement therefor submitted to the Trustee monthly on or before each Monthly Computation Date an amount equal to 1/12 of its annual fee of $.27 per $1,000 principal amount of Bonds, based upon the value of the principal amount of Bonds in the Trust on January 1 (or on the date of deposit of the Bonds in the Trust Fund with respect to the first year); provided that the minimum annual fee which the Evaluator shall receive is $1,500. The Evaluator may from time to time adjust its compensation; provided, however, that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase, after the date hereof, in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent" or, if such index is no longer published, a similar index. The consent or concurrence of any Certificateholder hereunder shall not be required for any such adjustment or increase. If the cash balances in the Interest and Principal Accounts shall be insufficient to provide for amounts payable pursuant to this Section 4.03, the Trustee shall have the power to sell (a) Bonds from the current list of Bonds designated to be sold pursuant to Section 5.02 hereof or (b) if no such Bonds have been so designated, such Bonds as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 4.
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Related to Evaluator's Compensation

  • Adviser’s Compensation Each Fund shall pay to the Adviser, as compensation for the Adviser’s services hereunder, a fee, determined as described in Schedule A that is attached hereto and made a part hereof. Such fee shall be computed daily and paid not less than monthly in arrears by each Fund. The method for determining net assets of a Fund for purposes hereof shall be the same as the method for determining net assets for purposes of establishing the offering and redemption prices of Fund shares as described in the Fund’s Registration Statement. In the event of termination of this Agreement, the fee provided in this Section shall be computed on the basis of the period ending on the last business day on which this Agreement is in effect subject to a pro rata adjustment based on the number of days elapsed in the current month as a percentage of the total number of days in such month.

  • Managers Compensation Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board may reasonably determine. Any such compensation and expense will be paid by the Member.

  • 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.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following: