Monitoring Fees Sample Clauses
The Monitoring Fees clause establishes the obligation for one party, typically the client or borrower, to pay fees to another party, such as a lender or service provider, for ongoing oversight or supervision services. These fees may be charged periodically—monthly, quarterly, or annually—and are often associated with the monitoring of compliance, performance, or financial covenants in a contract or loan agreement. By specifying the terms and amounts of these fees, the clause ensures that the party responsible for monitoring is compensated for their continued involvement, thereby supporting effective oversight and reducing the risk of non-compliance or default.
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Monitoring Fees. The Company shall pay to the Consultant a quarterly monitoring fee in the amount of $62,500 in immediately available funds on March 31, June 30, September 30 and December 31 of each year during the term of this Agreement (as provided in PARAGRAPH 6 below), commencing on March 31, 2001.
Monitoring Fees. The Recipient shall pay, at such time as the Commissioner may require, an annual fee to DHCR of .5% multiplied by the maximum Restricted Rents of the Low-Income Portion of the Project or such other fee as the Commissioner may prescribe (the "Monitoring Fee"). The Monitoring Fee shall be paid by check made payable to New York State Division of Housing and Community Renewal, and shall be sent to the DHCR Finance Unit, ▇▇-▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇.▇. 12207, or to such other address as DHCR may direct. The check shall bear the Project's SHARS I.D. number and the words " NYS Low Income Housing Tax Credit Monitoring Fee".
Monitoring Fees. Recipient shall pay, at such time as DHCR may require, an annual fee to DHCR of .5% multiplied by the maximum Restricted Rents of the Low-Income Portion of the Project or such other fee as DHCR may prescribe (the "Monitoring Fee"). The Monitoring Fee shall be paid by check made payable to New York State Division of Housing and Community Renewal, and shall be sent to the DHCR Finance Unit, ▇▇-▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇.▇. 12207, or to such other address as DHCR may direct. The check shall bear the Project's SHARS I.D. number and the words "Monitoring Fee".
Monitoring Fees. The Owner further covenants and agrees to pay to the Department such fees in the amounts and at such times as the Department shall, in its sole discretion, reasonably determine and require to Owner to pay for the costs of monitoring the Project. Applicable monitoring fees may be revised from time to time by the Department through the QAP. Monitoring is required by Federal law and may be performed by the Department periodically, but monitoring fees shall be assessed no more frequently than annually.
Monitoring Fees. [C_PRE_FEMON_02_ST] The monitoring fees stated in the Tariff Grid correspond to the monitoring of a Buyer during one month. Monitoring fees, the amount of which is calculated according to the number of Credit Decisions in force at the end of each month, are due on a [monthly or quarterly] basis.
Monitoring Fees. The Stockholders shall each vote their shares of Common Stock and take such other action as may be reasonably necessary so as to cause an annual monitoring fee in the amount of $250,000 to be paid by Prime Holdings, annually in advance, to Blackstone Management Partners L.P. from the Closing Date through the date on which the option of either of BCP or LGII is exercised pursuant to the Put/Call Agreement.
Monitoring Fees. The fees for Monitoring payable by the Customer to Chubb in accordance with this CSA. Detailed written instructions from the Customer regarding its requirements for the provision of and timing of the Security Services. The initial Monitoring Instructions must be set out in the CSA (Part E) and are the procedures to be followed by Chubb in the event of a System Event. The Customer may alter or update its Monitoring Instructions at any time during the Term of the CSA by notifying Chubb by phone, e-mail, facsimile or letter. The updated Monitoring Instructions will then become effective and supersede the initial or previous Monitoring Instructions upon twenty-four (24) hours of receipt by Chubb.
Monitoring Fees. The Borrower agrees to pay the Lender collateral monitoring fees for the expense of auditors (not to exceed the then current standard applicable rate, which on the date of this Agreement is $62.50 per hour per auditor, plus out-of-pocket expenses).
Monitoring Fees. (i) A one time set-up fee for electronic collateral monitoring in the amount set forth in Section 6(e)(i) of Schedule A, which shall be deemed to be fully earned as of, and payable on, the date hereof and (ii) a monthly fee for electronic collateral monitoring in the amount set forth in Section 6(e)(ii) of Schedule A, which shall be fully earned as of, and payable in advance on, the date hereof, and on the first day of each month thereafter so long as any of the Obligations are outstanding
Monitoring Fees. Borrower shall be charged a separate fee equal to five percent (5%) of the outstanding balance of this Note on the date that is nine (9) months from the first funding date of this Note to cover ▇▇▇▇▇▇’s accounting, legal and other costs incurred in monitoring this Note based on the then-current outstanding balance of this Note. The foregoing fee shall automatically be added to the outstanding balance on the applicable date without any further action by either party.