NOMINAL FEE Sample Clauses

The Nominal Fee clause establishes that a minimal or symbolic payment is required as part of an agreement, often to satisfy legal requirements for consideration in a contract. In practice, this might involve one party paying a small, fixed amount—such as one dollar—to the other, regardless of the actual value of goods, services, or rights being exchanged. This clause ensures that the contract is legally binding by demonstrating that something of value has been exchanged, thereby addressing the legal necessity of consideration in contract formation.
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NOMINAL FEE. Displaying Entity cannot charge any fee(s) in connection with the Internet Service other than a nominal fee aimed solely at cost recovery of its efforts to provide the Internet Service.
NOMINAL FEE. An active volunteer as defined in Section 21-21 (a) of the ▇▇▇▇▇▇▇▇▇▇ County Code shall receive either: (1) a nominal fee of: four hundred thirty-five ($435) dollars on July 1, 2017, four hundred forty-five ($445) dollars on July 1, 2018, and four hundred fifty-five ($455) dollars on July 1, 2019. OR (2) a nominal fee of: six hundred fifty ($650) dollars on July 1, 2017, six hundred seventy-five ($675) dollars on July 1, 2018, and seven hundred ($700) dollars on July 1, 2019; if the active volunteer: (a) is on the Integrated Emergency Command Structure (IECS) certified list; and (b) received the maximum allowable Length of Service Awards Program (LOSAP) points for department or station responses as specified in Section 21-21(k)(6) of the ▇▇▇▇▇▇▇▇▇▇ County Code in the previous calendar year; and (c) received the maximum allowable LOSAP points for sleep-in or stand-by as specified in Section 21-21(k) (3) of the ▇▇▇▇▇▇▇▇▇▇ County Code in the previous calendar year. In addition, the appropriate LFRD President must certify in writing that the volunteer has met the requirements set forth in section one, subsections (a) through (c) of this article. However, the active volunteers who meet the criteria listed above shall only receive such nominal fee if the active volunteer’s LFRD provides service in accordance with Standby program approved by MCVFRA and the County as outlined in Article 19 of this agreement. Both parties recognize that active volunteers perform hours of service for a public agency for civic, charitable or humanitarian reasons, without promise, expectation or receipt of compensation for services rendered. Although a volunteer can receive no compensation, a volunteer can be paid expenses, reasonable benefits, or a nominal fee to perform such service. Both parties further recognize that nothing in this agreement is intended to provide compensation or in any other way jeopardize the status of the active volunteers. Both parties agree that if a court of competent jurisdiction or the Department of Labor determines the expenses, reasonable benefits, and/or nominal fee provided in this agreement alters in any way the status of any active volunteer, the provision(s) or article(s) in question will become null and void. The parties agree that in such cases, the parties will reopen the Agreement for direct negotiation.
NOMINAL FEE. An active volunteer as defined in Section 21‐21 (a) of the ▇▇▇▇▇▇▇▇▇▇ County Code shall receive either: (1) a nominal fee of: twp hundred forty ($240)2 dollars July 1 each year of this agreement; OR (2) a nominal fee of: 400 hundred ($400)3 dollars July 1 each year of this agreement; if the active volunteer: (a) is on the Integrated Emergency Command Structure (IECS) certified list; and (b) received the maximum allowable Length of Service Awards Program (LOSAP) points for department or station responses as specified in Section 21‐21(k)(6) of the ▇▇▇▇▇▇▇▇▇▇ County Code in the previous calendar year; and (c) received the maximum allowable LOSAP points for sleep‐in or stand‐by as specified in Section 21‐21(k) (3) of the ▇▇▇▇▇▇▇▇▇▇ County Code in the previous calendar year. In addition, the appropriate LFRD President must certify in writing that the volunteer has met the requirements set forth in section one, subsections (a) through (c) of this article. However, the active volunteers who meet the criteria listed above shall only receive such nominal fee if the active volunteer’s LFRD provides service in accordance 1 County Council Resolution 17-149 amended this section to provide 300 turn-out boots in FY12 and 300 in FY13. No boots will be provided in FY14. Additionally 874 gear bags were added for FY12. 2 County Council Resolution 17-149 reduced this amount to $150. 3 County Council Resolution 17-149 reduced this amount to $250. with Standby program approved by MCVFRA and the County as outlined in Article 19 of this agreement. Both parties recognize that active volunteers perform hours of service for a public agency for civic, charitable or humanitarian reasons, without promise, expectation or receipt of compensation for services rendered. Although a volunteer can receive no compensation, a volunteer can be paid expenses, reasonable benefits, or a nominal fee to perform such service. Both parties further recognize that nothing in this agreement is intended to provide compensation or in any other way jeopardize the status of the active volunteers. Both parties agree that if a court of competent jurisdiction or the Department of Labor determines the expenses, reasonable benefits, and/or nominal fee provided in this agreement alters in any way the status of any active volunteer, the provision(s) or article(s) in question will become null and void. The parties agree that in such cases, the parties will reopen the Agreement for direct negotiation.

Related to NOMINAL FEE

  • Rental Fee Is for one day only from 8:00 am to 12:00 midnight. Groups or Individuals requiring more than one day for their event will be charged a rental fee for each day required – no exceptions.

  • Initial Fee In consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] after the Effective Date.

  • Monthly Fee The fee for the parking spaces shall be $ per month for parking space(s). each all

  • Annual Fee As compensation for its activities hereunder, the Asset Representations Reviewer shall be entitled to receive an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of the Issuer, in an amount equal to $5,000.

  • CONTRACT FEE An annual charge for administration expenses made on each contract anniversary prior to the Maturity Date.