Guaranteed Fee Clause Samples

A Guaranteed Fee clause establishes a fixed minimum payment that one party is assured to receive, regardless of certain variables or outcomes. In practice, this means that even if the actual costs or performance metrics fall short, the recipient is still entitled to the agreed-upon fee. This clause is commonly used in service or construction contracts to provide financial certainty and protect the service provider from revenue shortfalls. Its core function is to allocate risk and ensure predictable compensation, thereby encouraging parties to enter into agreements with greater confidence.
Guaranteed Fee. 8.1. Notwithstanding other payment provisions herein, and conditional upon HSN Direct's exercise of the option to continue with the daily series per Section 1.3 and Section
View Source
Guaranteed Fee. At the time Client places a request with ProLink for a Provider, Client guarantees, and shall pay, reimbursement of all Travel Costs incurred by such Provider and a minimum of 12 billable hours for such Provider. Each time the Client delays the agreed upon start date after the Provider has begun approved travel, Client guarantees, and shall pay, reimbursement of all Travel Costs incurred by such Provider. If the Provider terminates or fails to show for an assignment, then ProLink shall replace such Provider within one week of the termination or no-show, and shall prioritize Client’s replacement need above otherrequests.
View Source
Guaranteed Fee. Merchant shall pay [****] to Microsoft upon execution of this Amendment as a non-refundable advance. **** Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment under Rule 406 of the Securities Act of 1933, as amended. on any Commissions owed to Microsoft. This fee will be paid in [****] equal monthly installments of [****].
View Source
Guaranteed Fee. As consideration for PCE 811, LLC bringing their All-Star Game to Norfolk and based upon the current All-Star weekend Usage Days, subject, in part, to appropriation by the City Council of the City of Norfolk, the City shall pay to PCE 811, LLC a payment of Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the “Guaranteed All Star Game Fee”) to PCE 811, LLC. One-half (1/2) of the Guaranteed All Star Game Fee has been previously appropriated and authorized for expenditure and shall be payable in advance to PCE 811, LLC by February 1st, 2022. The remaining balance of the Guaranteed Game Fee is subject to appropriation by the City Council of the City of Norfolk and shall be payable on July 1, 2022.
View Source
Guaranteed Fee. At the time Client places a request with ProLink for a Provider, Client guarantees, and shall pay, reimbursement of all Travel Costs incurred by such Provider and a minimum of 12 billable hours for such Provider. Each time the Client delays the agreed upon start date after the Provider has begun approved travel, Client guarantees, and shall pay, reimbursement of all Travel Costs incurred by such Provider. If the Provider terminates or fails to show for an assignment, then ProLink shall replace such Provider within above otherrequests.
View Source

Related to Guaranteed Fee

  • Prior Payment of Guaranteed Obligations In any proceeding under any Bankruptcy Law relating to any other Loan Party, each Guarantor agrees that the Secured Parties shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) before such Guarantor receives payment of any Subordinated Obligations.

  • Guaranteed Obligations The Guarantor, in consideration of the execution and delivery of the Note Purchase Agreement and the purchase of the Notes by the Purchasers, hereby irrevocably, unconditionally and absolutely guarantees, on a continuing basis, to each Noteholder as and for the Guarantor’s own debt, until final and indefeasible payment of the amounts referred to in clause (a) below has been made: (a) the due and punctual payment by the Company of the principal of, and the Make-Whole Amount (if any) and interest on, the Notes at any time outstanding and the due and punctual payment of all other amounts payable, and all other Indebtedness owing, by the Company to the Noteholders under the Note Purchase Agreement and the Notes (including, without limitation, any monetary obligations incurred during the pendency of any bankruptcy, insolvency, winding-up, receivership or other similar proceeding regardless of whether allowed or allowable in such proceeding including, without limitation, interest accrued on the Notes during any such proceeding), in each case when and as the same shall become due and payable, whether at maturity, pursuant to mandatory or optional prepayment, by acceleration or otherwise, all in accordance with the terms and provisions hereof and thereof; it being the intent of the Guarantor that the guarantee set forth herein shall be a continuing guarantee of payment and not a guarantee of collection; and (b) the punctual and faithful performance, keeping, observance, and fulfillment by the Company of all duties, agreements, covenants and obligations of the Company contained in the Note Purchase Agreement and the Notes. All of the obligations set forth in clause (a) and clause (b) of this Section 2.1 are referred to herein as the “Guaranteed Obligations.”

  • Definition of Guaranteed Obligations As used herein, the term “Guaranteed Obligations” means:

  • Guaranteed Indebtedness No Credit Party shall create, incur, assume or permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Credit Party, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Credit Party if the primary obligation is expressly permitted by this Agreement.

  • Guaranty of Payment and Performance Guarantor’s obligations under this Guaranty constitute an unconditional guaranty of payment and performance and not merely a guaranty of collection.