Variable Fee Clause Samples

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Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. of eve- ry calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ k + 2 k / k + 1 ⎜ L ⎝ k − 2 k − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3)
Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh. (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual.
Variable Fee. For the period from July 1, 2024 through the Expiration Date, Consultant shall be paid at the hourly rate of $350 for Services actually performed by Consultant in response to written requests for such Services by Supervisor. Paragraph2 - Out of Pocket Expenses. Consultant shall be reimbursed for all reasonable out of pocket expenses incurred by Consultant in performing the Services pursuant to this Agreement provided Consultant receives written approval from the Supervisor prior to incurring such expenses.
Variable Fee. The variable fee (the "Variable Fee") shall be calculated based on average daily net assets under management ("AUM") of all Funds sub-advised by the Sub-Adviser as follows: $0 - $500,000,000 5 Greater than $500,000,000 3
Variable Fee. (i) In the event that Can-Am provides written notice requesting a Change in the scope, nature or type of Variable Services, the parties shall review such request, AMG shall inform Can-Am whether in the reasonable good faith opinion of AMG such Change will require AMG to hire additional Full-Time Allocated Personnel or to terminate any Full-Time Allocated Personnel, and AMG shall in good faith determine an adjusted Variable Fee which reflects the corresponding changes in its expenses, including any increase or decrease in expenses attributable to the hiring or termination of Full-Time Allocated Personnel. AMG shall use commercially reasonable efforts to provide for the requested Change, provided that the President of Can-Am or his designee, which designee shall be reasonably acceptable to AMG (the "Can-Am Designee"), approves of any fee adjustment and additional hiring of Full-Time Allocated Personnel prior to such Change. (ii) In the event that AMG decides to increase the salary or other cash compensation of any Full-Time Allocated Personnel or Part-Time Allocated Personnel, AMG shall adjust the Variable Fee to reflect such increase; provided, however, that prior to any such increase that would result in a member of the Full-Time Allocated personnel or Part-Time Allocated Personnel receiving a greater than 5% increase over such person's total annual cash compensation from the previous year, the Can-Am Designee must approve such increase.
Variable Fee. ‌ (1) The customer shall pay to EPG a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh. (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual.
Variable Fee. The Contractor shall receive an additional variable fee equal to the same amount of the fixed fee, as defined in Section 3.1 above, at the time the variable is to be paid. The variable fee shall be accrued at the end of each fiscal year of the Company and charged through an invoice by the Contractor. In case of partial achievement of the set objectives the Company will pay a proportional variable fee. The variable fee is based on the achievement of objectives to be set with the Company. These objectives will be negotiated yearly and are subject to formal approval of the Board of Directors of the Company.
Variable Fee. During the Term, ▇▇. ▇▇▇▇▇▇ will be entitled to receive variable compensation earned and calculated as follows: i. For sourcing of NFP acquisitions and sub-acquisitions: 5% of base earnings acquired, payable within 30 days of closing. ii. For sourcing of new PF members:
Variable Fee. Variable Fee" Factor The following table shows the "variable fee" factor (VFF) to be used for the calculation of the variable fee paid by the customer: Storage Year "Variable Fee" Factor * Factor not yet quantifiable at the time of contract conclusion. Calculation shall be done according to § 5 para. (3) of the contract. zwischen und - nachstehend „VGS“ genannt - GRUNDSÄTZLICHES 2 § 1 Gegenstand und wesentliche Bestandteile des Vertrages 2 PRODUKTBEDINGUNGEN „TRADING ▇▇▇▇▇▇▇▇“ 3 § 2 Kapazitäten und ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇ § ▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇ § ▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇ § ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇ § ▇ Dienstleistungen und Dienstleistungsentgelte 7 § 7 Kapazitätsüberschreitung und ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇ § ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ und Übertragungsentgelt 8 § 9 Gasübergabe innerhalb des Speichers 9 § 10 ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ […] 10 § 11 Gasübergabepunkt 10 § 12 Anfahr- und ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇
Variable Fee. (a) The Permittee shall pay to the Port Authority a WTC Variable Fee for each Annual Period during the WTC Term. The WTC Variable Fee shall be determined by ascertaining separately for each Annual Period the WTC Adjusted Gross Receipts Fee Component and subtracting from the amount thus determined, the WTC Minimum Fees payable for such Annual Period, including, without limitation, any applicable proration or equitable adjustment of such WTC Minimum Fees. No other proration of the WTC Variable Fee shall be applicable. (i) The WTC Variable Fee shall be payable in quarterly installments and computed, at the percentage rates set forth below, based on the reasonably determined projection of the amount to be due for the entire Annual Period prepared by the Permittee and approved by the Port Authority, such approval not to be unreasonably withheld, not later than sixty (60) days prior to the commencement of each Annual Period. The WTC Variable Fee shall be payable for each Annual Period in equal quarterly installments oh the last day of January, April, July and October, in each case with respect to the calendar quarter ending on the last day of the immediately preceding calendar month (for example, the Variable Fee shall be payable on July 31 for the calendar quarter April 1 to June 30) and for every calendar quarter or part thereof thereafter in any Annual Period during the WTC Term. The TNAS Agreement is hereby amended to reflect that, solely with respect to the payment of the WTC Variable Fee, it shall be an event under Section 20 of the TNAS Agreement entitling the Port Authority to terminate same if the Permittee shall fail, duly and punctually to pay the WTC Variable Fee when due to the Port Authority and such failure continues for a period of fifteen (15) days (rather than the 10 days set forth in the TNAS Agreement) after the Permittee’s actual receipt of a notice of default thereof from the Port Authority. (ii) Within sixty (60) days following the end of each Annual Period, the Permittee shall compute the actual amount of the WTC Adjusted Gross Receipts Fee Component for the Annual Period and compute the WTC Variable Fee. In the event the actual WTC Variable Fee shall exceed the total of the quarterly installments actually paid by the Permittee with respect to such Annual Period, the Permittee shall pay to the Port Authority the difference between the actual WTC Variable Fee for the preceding Annual Period and the total of the said quarterly installments ...