Minimum Annual Fee. The Borrower shall pay to the Bank a minimum annual fee of Ten Thousand Dollars and no cents ($10,000.00) (the "Minimum Annual Fee"). The Minimum Annual Fee shall be payable in advance, in the manner provided in Section 2.11 herein, on the Effective Date for the first year hereunder, and on each anniversary of the Effective Date for each subsequent year. The Minimum Annual Fee shall be pro-rated for any partial year.
Minimum Annual Fee. Company shall pay MS a minimum annual fee of $2,500,000 for year one, $2,000,000 for year two, and $1,500,000 for year three. The first two payments (total of $4,500,000) will be exchanged upon the execution of this Agreement for warrants to purchase 583,333 shares of the Company's common stock (at a per share exercise price of $13.50). The form of warrant will be identical (except for exercise price) to the form of warrant provided to MS in connection with its financing transaction occurring on or about the date of this Agreement. The third payment of $1,500,00 will be paid as follows: 50% on the first day of the third year, and 50% one hundred and twenty days following the first day of the third year.
Minimum Annual Fee. Section 2.9.1 of the Loan Agreement (as amended by the April 2008 CIT) shall be deleted in its entirety and replaced with the following:
Minimum Annual Fee. HRT O&G shall pay Air Amazonia the total minimum annual fees during the Term and each extended Year, if any, in BRL of the equivalent to USD $29,000,000, which shall be due and payable by HRT O&G, regardless of the number of Aircraft provided under this Agreement or the number of Flight Hours flown during the applicable Year (“Minimum Annual Fee”).
Minimum Annual Fee. The Minimum Annual Fee is applicable in conjunction with the Monthly Fee as defined in Section 5.2 and shall equal per route mile installed. Route miles shall apply when System Segments are completed. Example Scenario 1 In 2001: • PG&E installed 000 Xxxxx miles of fiber for IPN including the installation of 4% New Trench. The Minimum Annual fee is • IPN’s gross revenue produced contributions to PG&E for the 12 Because the percentage of Route Miles installed was less than month period. Monthly Fees Paid @15% Minimum Annual Fee • PG&E installed 000 Xxxxx miles of fiber for IPN including the installation of The Minimum Annual fee is New Trench. • Monthly Fee contributions to PG&E for the 12 • Because the percentage of Route Miles installed was less than 10% the Monthly Fee Revenue sharing percentage =15%. Monthly Fees Paid
Minimum Annual Fee. The paragraph entitled “Minimum Annual Fee:” in Item 5 of Exhibit B is amended to read as follows: Minimum Annual Fee: $10,000, which shall be payable in one of the following ways: (i) by cash, check, or other bank transfer, (ii) in kind (which may include, but is not limited to, providing services to Licensor), or (iii) some combination of cash and in-kind payments, as determined by Licensee in its discretion. Unless otherwise agreed, in-kind payments shall be valued, if goods, based on their retail value or, if there is no retail value, on their fair market value, and if services, based on the current market rate at which Licensee charges for such services.
Minimum Annual Fee. Company shall pay MS a minimum annual fee of $[...***...] for year one, $[...***...] for year two, and $[...***...] for year three. The first two payments (total of $[...***...]) [...***...
Minimum Annual Fee. An annual minimum fee for all Northern Trust services is $125,000 per annum. ADVISERS INVESTMENT TRUST THE NORTHERN TRUST COMPANY By: By: Name: Name: Title: Title:
Minimum Annual Fee. (a) CUSTOMER will pay PG&E no less than a minimum annual fee in the amount of (the "Minimum Annual Fee") as provided in 5.l(b) below. The Minimum Annual Fee will increase on an annual basis by per year as displayed in the following table: