MANAGEMENT PAYMENT Clause Samples

MANAGEMENT PAYMENT. Compensation shall be based on two (2) per diem rates: the first (1st) rate is based on ninety percent (90%) occupancy and the second rate is based on the number of inmates exceeding the ninety percent (90%) occupancy. 7.1.1. The Department shall compensate the CONTRACTOR at the following Per Diem Rates (inmate, per day) beginning on the Service Commencement Date: 7.1.1.1 Number (#) times the minimum occupancy of ninety percent (90%). 7.1.1.2 $0.00 for each inmate over the minimum occupancy rate of ninety percent (90%).
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MANAGEMENT PAYMENT. Manager shall pay Nextel Partners a fee of *** (the “Management Payment”). The Management Payment accruing with respect to any calendar month shall be due and payable upon the date of the next following Channel Clearing Milestone Date, as specified above, after the close of such calendar month. *** *** Confidential Treatment Requested 3 Exhibit 10.65(a) 7.
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MANAGEMENT PAYMENT. This payment reflects operating costs and does not include debt service numbers. Compensation will be based on two (2) Per Diem Rates: the first rate is based on 90% occupancy and the second rate is based on the number of inmates exceeding the 90% occupancy. 8.1.1. The Department will compensate CONTRACTOR at the following Per Diem Rates (inmate, per day) for Fiscal Year(s) : 8.1.1.1. $ times the minimum occupancy of 90% 8.1.1.2. $ for each inmate over the minimum occupancy rate of 90%; 8.1.1.3. Minus monthly deductions for: 8.1.1.3.1. The Major Maintenance and Repair Reserve Fund set forth in Section 4.9, in the monthly amount of $ 8.1.1.3.2. The On-Site Contract Monitor set forth in Section 5.46, in the monthly amount of $ . 8.1.1.3.3. Any property taxes or payments in lieu of taxes (PILOT) that may become due on the Facility pursuant to judicial determination or legislative mandate. 8.1.1.3.4. Fees collected from the medical co-payment for each inmate- initiated, non-emergency visit to the health care provider as required by section 945.6037, Florida Statutes.
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MANAGEMENT PAYMENT. This payment reflects operating costs and does not include debt service numbers. Compensation will be based on two (2) Per Diem Rates: the first rate is based on 90% occupancy and the second rate is based on the number of inmates exceeding the 90% occupancy. 8.1.1. The Department will compensate CONTRACTOR at the following Per Diem Rates (inmate, per day) for Fiscal Year(s) : 8.1.1.1. $ times the minimum occupancy of 90% 8.1.1.2. $ for each inmate over the minimum occupancy rate of 90%; 8.1.1.3. Minus monthly deductions for: 8.1.1.3.1. The Major Maintenance and Repair Reserve Fund set forth in Section 4.9, in the monthly amount of $ 8.1.1.3.2. The On-Site Contract Monitor set forth in Section 5.46, in the monthly amount of $ . 8.1.1.3.3. Any property taxes or payments in lieu of taxes (PILOT) that may become due on the Facility pursuant to judicial determination or legislative mandate. 8.1.1.3.4. Fees collected from the medical co-payment for each inmate- initiated, non-emergency visit to the health care provider as required by section 945.6037, Florida Statutes. 8.1.2. If the parties renew the Contract pursuant to Section 3.1, the Per Diem Rates shall increase by % on August 1, 2016 and August 1, 2017. 8.1.3. Regardless of the number of inmates incarcerated at the Facility, CONTRACTOR is guaranteed an amount equal to 90% occupancy ( inmates) times the 90% Per Diem Rate subject to legislative appropriations. This guarantee may be subject to the following: adjustments to compensation as set forth in Section 8.1.1.3; deductions due to position vacancies as set forth in Section 6.4.4; deductions due to program vacancies as set forth in Section 5.38.7.10; deductions for reimbursement of the On-Site Contract Monitor as set forth above; deductions for the maintenance reserve as set forth in Section 4.9; ad valorem taxes and/or PILOT payments required to be paid by CONTRACTOR by judicial determination or legislative mandate, as set forth in Section 12.7; and any other deduction or charge permitted in this Contract.
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MANAGEMENT PAYMENT. Compensation shall be based on two (2) per diem rates: the first (1st) rate is based on ninety percent (90%) occupancy and the second rate is based on the number of inmates exceeding the ninety percent (90%) occupancy. 7.1.1. The Department shall compensate the CONTRACTOR at the following Per Diem Rates (inmate, per day) beginning on the Service Commencement Date: 7.1.1.1 $56.30 times the minimum occupancy of ninety percent (90%). 7.1.1.2 $7.36 for each inmate over the minimum occupancy rate of ninety percent (90%). 7.1.1.3. $51.41 blended Per Diem.
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MANAGEMENT PAYMENT. If, at any time during the term of this Agreement, (i) the stockholders, called to elect the Company's Board of Directors, do not elect individuals as recommended by Coast Capital Partners, LLC. ("Coast Capital") to a majority of the seats on the Board of Directors, or (ii) the common stock of the Company is acquired through a tender offer, contract purchase or otherwise such that at the next meeting of stockholders that is called to elect the Company's Board of Directors, Coast Capital, either directly or through appointees, does not control a majority of the seats on the Company's Board of Directors, or (iii) substantially all of the assets of the Company are sold (hereinafter (i) - (iii) referred to as a "Transaction"), such that the value of the Transaction (less deduction for associated expenses) is in excess of the amount equal to two times the Company's book value at December 31, 2000, plus the Company's after tax profits for each fiscal quarter since December 31, 2000 (for purposes of this calculation, "Net Worth"), the Employee shall receive from the Company a cash payment equal to the greater of (i) 1% of the amount by which the value of the Transaction exceeds the Net Worth (such payment hereinafter referred to as the "Net Worth Payment") or (ii) 2X the average of all forms of the Employee's compensation from Employer, its subsidiaries and affiliated companies over the last three (3) years (the "Management Payment"). The Management Payment shall not be paid in lieu of any other payment required to be paid to Employee hereunder, but in addition to such payments, and this Agreement shall remain in full force and effect after such payment. Any Management Payment to be made hereunder shall be made in cash within a reasonable period of time, but not to exceed sixty (60) days from the closing date of the Transaction.
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MANAGEMENT PAYMENT. This payment reflects operating costs and does not include debt service numbers. Compensation will be based on two (2) Per Diem Rates: the first rate is based on 90% occupancy and the second rate is based on the number of inmates exceeding the 90% occupancy. 7.1.1. The Department will compensate CONTRACTOR at the following Per Diem Rates (inmate, per day) for August 1 2017, through August 30, 2017: 7.1.1.1. $ 47.60 times the minimum occupancy of 90%, 7.1.1.2. $ 3.08 for each inmate over the minimum occupancy rate of 90%, 7.1.1.3. $ 43.16 blended per diem. 7.1.1.4. Minus monthly deductions for: 7.1.1.4.1. The Major Maintenance and Repair Reserve Fund set forth in Section 4.9, in the monthly amount of $24,066.00. 7.1.1.4.2. The On-Site Contract Monitor set forth in Section 5.44, in the monthly amount of $4,753.00. 7.1.2. The Department will compensate CONTRACTOR at the following Per Diem Rates (inmate, per day) for September 1 2017, through September 31, 2017: 7.1 2.1. $ 47.60 times the minimum occupancy of 90%, 7.1 2.2. $ 3.08 for each inmate over the minimum occupancy rate of 90%, 7.1.2.3. $ 43.16 blended per diem.
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Related to MANAGEMENT PAYMENT

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.