Calculation and Payment of Fee. The amount of the Fee shall equal two and one half percent (2.5%) of revenue sold through its contracts by Service Provider to Customers under all Customer Purchase Agreements in the aggregate during the applicable calendar quarter (excluding sales taxes and adjusted for applicable credits or refunds). Service Provider must pay to GTA the Fee with respect to each calendar quarter on or before the last day of the month immediately following the end of such quarter (the “Latest Fee Payment Date”), as follows: Calendar Quarter During Which Work Performed Months Latest Fee Payment Date Quarter 1 January 1 – March 31 April 30 Quarter 2 April 1 – June 30 July 31 Quarter 3 July 1 – September 30 October 31 Quarter 4 October 1 – December 31 January 31 Fee payments shall be submitted to GTA by Automatic Clearing House (ACH), for receipt not later than the Latest Fee Payment Date. Service Provider must complete and submit the form authorizing electronic payment, included as Exhibit 7 (Automated Clearing House (ACH) Authorization), xxxxx://xxx.xxxxxxx.xxx/teamworks/financials/vendor- payment-management, as such instructions may be updated from time to time by GTA upon notice to Service Provider.
Calculation and Payment of Fee. The amount of the Fee shall equal two and one half percent (2.5%) of revenue sold through its contracts by Supplier to Customers under all Customer Purchase Agreements in the aggregate during the applicable calendar quarter (excluding sales taxes and adjusted forapplicable credits or refunds). Supplier must pay to GTA the Fee with respect to each calendar quarter on or before the last day of the month immediately following the end of such quarter (the “Latest Fee Payment Date”), as follows: Calendar Quarter During Which Work Performed Months Latest Fee Payment Date Quarter 1 January 1 – March 31 April 30 Quarter 2 April 1 – June 30 July 31 Quarter 3 July 1 – September 30 October 31 Quarter 4 October 1 – December 31 January 31 Fee payments shall be submitted to GTA by Automatic Clearing House (ACH), for receiptnot later than the Latest Fee Payment Date. Supplier must complete and submit the formauthorizing electronic payment.
Calculation and Payment of Fee. The Fee shall be paid on the first (1st) day of each calendar month and shall be disbursed by Manager from the Operating Account. If the Effective Date is not on the first day of a month, or the Expiration Date is not the last day of a month, the fee for the month in which the Effective Date or Expiration Date occurs shall be prorated on a per-diem basis, based on a thirty (30) day month and the actual number of days elapsed. With respect to the Fee earned for the last month or portion thereof of the Term, the Fee shall be payable to Manager on the Expiration Date.
Calculation and Payment of Fee. The Fee payable under this Agreement shall be the sum of the Asset-Based Fee. The Fee shall be billed quarterly and is due and payable by Fund Affiliate upon receipt of such xxxx.
Calculation and Payment of Fee. 1. The Fee payable under this Agreement shall be the sum of the Asset-Based Fee. The Fee shall be billed quarterly and is due and payable by SAI and SDC upon receipt of such xxxx, provided that SAI shall make payments pursuant to Component 3 only when it is in receipt of such 12b-1 fees from the Fund.
Calculation and Payment of Fee. All fees due pursuant to this Agreement shall be calculated monthly, shall be applicable only to actual, undiscounted sales of Product, and shall be due and payable within sixty (60) days after the end of each calendar month. 08712.010.1407064v2 2
