Common use of Minimum Fee Clause in Contracts

Minimum Fee. In the event that Customer fails to sell to SYSTRAN the Minimum Anticipated Volume in any month, Customer shall pay a minimum fee to SYSTRAN which shall be equal to the amount obtained when the Minimum Anticipated Volume is multiplied by the current Service Fees reflected on Exhibit “A” attached hereto and as referenced in section 3.1 above, or as amended by SYSTRAN from time to time as reflected in Customer’s daily settlement statement (the “Minimum Fee”). The Minimum Fee owing by Customer pursuant to this paragraph may be deducted from Customer’s funding. In the event that Customer fails to sell the Minimum Anticipated Volume per month for each of any two consecutive months (the “Low Volume Period”), Customer’s Service fee will be increased at the beginning of the month immediately following the Low Volume Period at SYSTRAN’s discretion. At SYSTRAN’s discretion, the Service Fee will be returned to the last fee in effect should Customer’s monthly purchase volume exceed the Minimum Anticipated Volume per month for each of two consecutive months.

Minimum Fee. In the event that Customer fails to sell to SYSTRAN the Minimum Anticipated Volume in any month, Customer shall pay a minimum fee to SYSTRAN which shall be equal to the amount obtained when the Minimum Anticipated Volume is multiplied by the current Service Fees reflected on Exhibit “"A” " attached hereto and as referenced in section 3.1 above, or as amended by SYSTRAN from time to time as reflected in Customer’s 's daily settlement statement (the “"Minimum Fee”"). The Minimum Fee owing by Customer pursuant to this paragraph may be deducted from Customer’s 's funding. In the event that Customer fails to sell the Minimum Anticipated Volume per month for each of any two consecutive months (the “"Low Volume Period”"), Customer’s 's Service fee will be increased at the beginning of the month immediately following the Low Volume Period at SYSTRAN’s 's discretion. At SYSTRAN’s 's discretion, the Service Fee will be returned to the last fee in effect should Customer’s 's monthly purchase volume exceed the Minimum Anticipated Volume per month for each of two consecutive months.