Common use of DELINQUENT REPORT FEE Clause in Contracts

DELINQUENT REPORT FEE. If the Distributor fails to meet its reporting obligations to ICE Data, a delinquent report fee of $5,000 will be charged for each late report for each ICE Exchange. If the report is delinquent for two consecutive months, ICE Data reserves the right to terminate the Agreement under the terms of this Agreement with immediate effect.

DELINQUENT REPORT FEE. If the Distributor Vendor fails to meet its reporting obligations to ICE Data, a delinquent report fee of $5,000 will be charged for each late report for each ICE ExchangeExchange or each Benchmark Fixing. If the report is delinquent for two consecutive months, ICE Data reserves the right to terminate the Agreement under the terms of this the Agreement with immediate effect.

DELINQUENT REPORT FEE. If the Distributor fails to meet its reporting obligations to ICE Data, a delinquent report fee of $5,000 will be charged for each late report for each ICE Exchange. If the report is delinquent for two consecutive months, ICE Data reserves the right to terminate the Agreement under the terms of this the Agreement with immediate effect.