Common use of ADDITIONAL SERVICES and VALUE FEES Clause in Contracts

ADDITIONAL SERVICES and VALUE FEES. From time to time during the term of this Agreement, Customer may request SYSTRAN to provide additional services and/or incur additional risk. Such additional services and/or additional risk shall include but not be limited to advances to the Customer by SYSTRAN which are not in conformity with the terms of the Agreement, extension of Customer's contractual recourse under the Agreement, purchases by SYSTRAN of bills which are outside of the formulas and calculations defined in the Agreement (hereinafter such services shall be collectively referred to as the "Additional Services"). Customer shall pay SYSTRAN the cost for added value for such Additional Services (hereinafter referred to as the "Value Fee (s)"). The Values Fee(s) will be reflected on Customer's daily settlement statement.

Appears in 3 contracts

Samples: Systran Financial Services Corporation Factoring Agreement (Dyntek Inc), Receivables Purchase Agreement (Galaxy Nutritional Foods Inc), Factoring Agreement (Mt Ultimate Healthcare Corp)

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ADDITIONAL SERVICES and VALUE FEES. From time to time during the term of this Agreement, Customer may request SYSTRAN to provide additional services and/or incur additional risk. Such additional services and/or additional risk shall include but not be limited to advances to the Customer by SYSTRAN which are not in conformity with the terms of the Agreement, extension of Customer's ’s contractual recourse under the Agreement, purchases by SYSTRAN of bills which are outside of the formulas and calculations defined in the Agreement (hereinafter such services shall be collectively referred to as the "Additional Services"). Customer shall pay SYSTRAN the cost for added value for such Additional Services (hereinafter referred to as the "Value Fee (s)"). The Values Fee(s) will be reflected on Customer's ’s daily settlement statement.

Appears in 3 contracts

Samples: Systran Financial Services (Gasel Transportation Lines Inc), Factoring Agreement (Gasel Transportation Lines Inc), Systran Financial Services (Gasel Transportation Lines Inc)

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ADDITIONAL SERVICES and VALUE FEES. From time to time during the term of this Agreement, Customer may request SYSTRAN to provide additional services and/or incur additional risk. Such additional services and/or additional risk shall include but not be limited to advances to the Customer by SYSTRAN which are not in conformity with the terms of the Agreement, extension of Customer's Customers’ contractual recourse under the Agreement, purchases by SYSTRAN of bills which are outside of the formulas and calculations defined in the Agreement (hereinafter such services shall be collectively referred to as the "Additional Services"). Customer Customer, jointly and severally, shall pay SYSTRAN the cost for added value for such Additional Services (hereinafter referred to as the "Value Fee (s)"). The Values Fee(s) will be reflected on Customer's Customers’ daily settlement statement.

Appears in 2 contracts

Samples: Systran Financial Services Corporation Factoring Agreement (Crdentia Corp), Systran Financial Services Corporation Factoring Agreement (Crdentia Corp)

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