Charges for ICANN Fees. Registrar agrees to pay to Registry, within thirty (30) days of the date when due, any Variable Registry-Level fees paid by Registry to ICANN, which fees may be secured by the Payment Security, if applicable. The fee will consist of two components; each component will be calculated for each registrar: (a) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year but shall not exceed the amount set forth in the Registry Agreement; (b) The per-registrar component of the Variable Registry- Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per-registrar fees calculated for all registrars shall not exceed the total Per-Registrar Variable funding established pursuant to the approved ICANN Budget.
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Samples: Registry Registrar Agreement, Registry Registrar Agreement
Charges for ICANN Fees. Registrar agrees to pay to Registry, within thirty (30) days of the date when due, any Variable Registryvariable registry-Level level fees paid by Registry to ICANN, which fees may be secured by the Payment Security, if applicable. The fee will consist of two components; each component will be calculated by ICANN for each registrar: (a) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year but shall not exceed the amount set forth in the Registry Agreement; . (b) The per-registrar component of the Variable Registry- Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per-per registrar fees calculated for all registrars shall not exceed the total Per-Registrar Variable funding established pursuant to the approved ICANN Budget.
Appears in 1 contract
Samples: Registry Registrar Agreement
Charges for ICANN Fees. Registrar agrees to pay to Registry, within thirty (30) days of the date when due, any Variable Registry-Level fees paid by Registry to ICANN, which fees may be secured by the Payment Security, if applicable. The fee will consist of two components; each component will be calculated for each registrar: (a) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year but shall not exceed the amount set forth in the Registry Agreement; (b) The per-registrar component of the Variable Registry- Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per-registrar fees calculated for all registrars shall not exceed the total Per-Registrar Variable funding established pursuant to the approved ICANN Budget.
Appears in 1 contract
Samples: Registry Registrar Agreement