Minimum Fees. An annual minimum per fund fee for Northern Trust custody, fund accounting & administration, and transfer agency services is $150,000. Fees will be invoiced at month-end for charges related to the previous month and payment is due within four (4) weeks of the original issuance of fee invoice.
Minimum Fees a. Each Closing that is processed for Issuer is subject to a minimum fee to DriveWealth of $500, if the sum of the fees in section 1 and 2 above are less than this minimum.
b. DriveWealth shall also be entitled to a minimum monthly fee of $1,000 from the relationship with Issuer, beginning on the month of the first Closing, or the month the first Customer Securities are deposited into DriveWealth accounts, whichever occurs first. For the purpose of clarity, should the monthly fee due to DriveWealth in the aggregate from the fees outlined in sections 1, 2 and 6 above, as well as this section 8, be less than $1,000 in any month during the Term, Issuer shall pay the DriveWealth the Minimum Fee.
Minimum Fees. Prior to continuous rehearsal or technical rehearsals, all rehearsal weeks shall be paid at no less than one-hundred and twelve (112%) percent of the applicable minimum fees.
Minimum Fees. 2.1 The minimum Professional Fees invoiced and payable each year will be 405 hours.
2.2 Effective January 1, 2023, the minimum Professional Fees invoiced and payable each year will be 203 hours.
Minimum Fees. If you do not have sufficient funds in your wallet to complete a transaction and you have previously entered your credit card information or another payment instrument or payment mechanism, we may automatically charge your credit card or the other applicable payment instrument or payment mechanism a minimum amount determined by us ("Minimum Fee") to complete the transaction, even if the Minimum Fee exceeds the total amount of your order. Any difference between the Minimum Fee and the total amount of your order will be credited to your wallet. Additional procedures apply to subscription purchases. Please read "SUBSCRIPTIONS & FREE TRIALS" section for details.
Minimum Fees. It is agreed that the minimum fee for a "Concert" shall be not less than one thirtieth (1/30) of the applicable minimum weekly fee per hour for rehearsal and not less than one quarter (1/4) of the applicable minimum weekly fee per performance provided that the "Concert" does not replace the normal program of Category A or B repertoire or the existing performance programs of the Engager.
Minimum Fees. (a) During the first three (3) years of the term of this Agreement, IXI’s Active Subscriber Fees, in the aggregate, excluding any T&M payments and excluding the StartUp Fee, payable by IXI to Provider will be no less than the following “Annual Commitments” based on the first three years of the Agreement as follows based on the anniversary of the execution of this Agreement: Year 1 [***] Year 2 [***] Year 3 [***] Any deficit (due to shortfall of Subscribers in any one of the first three Years) may be invoiced by Provider at any time after the end of the applicable Year provided the Agreement has not been terminated as described in sections 3(b) or 3(c) below.
(b) Should IXI terminate this Agreement for convenience pursuant to Section 8.2(ii) of the Agreement, then all future IXI payment obligations under this Agreement shall cease (including those set forth above in Section 3(a) of this Exhibit C), provided, however, that if IXI has paid Provider less than the pro-rated Annual Commitment for the year applicable at the time of such termination, then IXI will be obligated to pay an amount equal to the such pro-rated amount minus the sum of the Active Subscriber Fees paid so far for that year of the Agreement, and further provided that if IXI has paid Provider less than [***] when taking into consideration the Up-Front Fee plus all Active Subscriber fees plus fees arising from Annual Commitment payments paid from the original execution date of the Agreement until the termination date, then IXI will be obligated to pay the balance to ensure that Provider receives a minimum of US [$***] (excluding all T&M payments) for all such fees. If due pursuant to this section 3(b), then all such payments are irrevocable, unconditional and non-refundable.
(c) Notwithstanding anything else, should IXI terminate this Agreement for breach pursuant to Section 8.2(i) of the Agreement, then all future IXI payment obligations under this Agreement shall cease (including those Annual Commitments set forth above in Section 3(a) of this Exhibit C).
Minimum Fees. Minimum fees for 2016-2019 as expressed herein shall apply from July 1, 2016 to June 30, 2017 for 2016-2017; from July 1, 2017 to June 30, 2018 for 2017-2018 and from July 1, 2018 to June 30, 2019 for 2018-2019.
Minimum Fees. In Processing Year 1, Customer will require and shall pay FDR for processing services sufficient to generate aggregate Processing Fees at least equal to [* * *] (the "Year 1 Minimum Processing Fee"). In each Processing Year after Processing Year 1, Customer will require and shall pay FDR for processing services sufficient to generate aggregate Processing Fees at least equal to [* * *] of the Processing Fees paid during the immediately preceding Processing Year, but in no event less than [* * *] (the "Minimum Processing Fees"). FDR shall calculate the total Processing Fees paid by Customer in respect of Services performed during each Processing Year (the "Total Annual Processing Fees") within ninety (90) days after the end of each Processing Year and will, after ten (10) days written notice to Customer, draw upon Customer's account pursuant to Section 3.5 of this Agreement for the amount, if any, by which the Year 1 Minimum Processing Fees or the Minimum Processing Fees, as applicable, for the Processing Year exceed the Total Annual Processing Fees for the Processing Year. For the avoidance of doubt and based on economic assumptions material to each party underlying this transaction, Customer and FDR expressly agree that Customer shall pay FDR Processing Fees each Processing Year in an amount at least equal to the Year 1 Minimum Processing Fee or the Minimum Processing Fees, as applicable, until this Agreement
