Common use of Minimum Monthly Payments Clause in Contracts

Minimum Monthly Payments. Customer agrees to make minimum payments to carrier, commencing on the Start Date as follows: 1) For the initial twelve month period commencing on the Start Date, Lessee shall pay to lessor a minimum of $250.00 per month. 2) For the second year, Lessee shall pay lessor a minimum of $500 per month. 3) For the third year thereafter throughout the term of this Agreement, lessee shall pay lessor a minimum of $750 per month.

Minimum Monthly Payments. Customer agrees to make minimum payments to carrier, commencing on the Start Date as follows: 1) For the initial twelve month period commencing on the Start Date, Lessee shall pay to lessor Lessor a minimum of $250.00 per monthmonth per 2 channels. 2) For the second year, Lessee shall pay lessor Lessor a minimum of $500 500.00 per 2 channels per month. 3) For the third year thereafter throughout the term of this Agreement, lessee Lessee shall pay lessor Lessor a minimum of $750 750.00 per monthmonth per 2 channels.