Minimum Revenue Guarantee Sample Clauses

Minimum Revenue Guarantee. Subject to Section 5.2 below, during the Term AOL will pay Tl a minimum revenue guarantee for each of the Tl Sites as set forth in Exhibit B-2 for each individual Tl Site (the “Minimum Revenue Guarantee”). The Minimum Revenue Guarantee shall be payable by AOL to Tl for each of the Tl Sites on a monthly basis, in equal installments, based on the annual Minimum Revenue Guarantee for each Tl Site (as set forth in Exhibit B-2) on the 1st day of each applicable month during the Term.
Sample 1Sample 2
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Minimum Revenue Guarantee. Client shall be obligated to guarantee minimum transactional revenue to RBS Xxxx, as specified in the attachments. Client will be required to provide a reserve deposit in an amount as specified in Schedule A. The minimum monthly revenue commitment shall include only recurring transactional fees. It will not include card costs, enrollment fees, implementation fees, training fees, API or web hosting fees, IVR and customer fees, or any other non-transactional, non-recurring fees. At the conclusion of each month, RBS Xxxx shall determine the amount of recurring transactional revenue produced collectively by the Programs sold by Client. RBS Xxxx will give the Client seven (7) months from the execution date of this agreement to ramp up to the monthly minimum. After seven months, should Client not meet the minimum monthly revenue commitment, then RBS Xxxx will deduct the difference from the Client reserve provided for that purpose. Client then shall be obligated to replenish that sum deducted from the reserve within 10 business days. Failure to replenish the reserve account will result in the withholding of Client’s residual compensation payments. Should failure to replenish the reserve account continue for thirty (30) calendar days RBS Xxxx reserves the right to terminate this Agreement without further notice and/or disable the Client’s access to the CashLynk system, or any such actions deemed necessary by RBS Xxxx management to effectuate a remedy. Notwithstanding the obligations set forth in this Agreement and all Program Applications, hereunder, nothing herein shall be construed to require Client to provide any minimum or guaranteed number of Cards or Cardholders.
Sample 1
Minimum Revenue Guarantee. Citizens guarantees Vendor will be paid at least $2,000 each month for the duration of the contract, regardless of the number of calls handled in the month. In exchange, Xxxxxx agrees to be ready and able to handle 10,000 CAT Response calls per day on 72-hour notice If a CAT Event occurs and Vendor is unable to handle this minimum volume of CAT Response Calls, Citizens may (i) revoke the minimum revenue guarantee going forward, and (ii) recapture any prior payments to the extent services were not actually rendered.
Sample 1
Minimum Revenue Guarantee. Distributor hereby guarantees that the aggregate amount of payments received by Sagent from Distributor under this Agreement during each of Year 1, Year 2 and Year 3 shall equal or exceed the amounts of [*] dollars ([*]), [*] dollars ([*]) and [*] dollars ([*]), respectively (the "Guaranteed Minimums"). Within thirty (30) days after the end of each of Year 1, Year 2 and Year 3, Distributor shall pay Sagent the difference between the applicable Guaranteed Minimum and the actual aggregate amount of payments received by Sagent from Distributor under this Agreement during such Year 1, Year 2 or Year 3, respectively, if such actual aggregate amount is less than the applicable Guaranteed Minimum.
Sample 1
Minimum Revenue Guarantee. Distributor hereby guarantees that the aggregate amount of payments received by Licensor from Distributor under this Agreement during the Term shall equal or exceed the amounts of in the currency of ( ) respectively (the "Guaranteed Minimums"). Within thirty (30) days after the end of each Term Distributor shall pay Licensor the difference between the applicable Guaranteed Minimum and the actual aggregate amount of payments received by Licensor from Distributor under this Agreement during such Term respectively, if such actual aggregate amount is less than the applicable Guaranteed Minimum.
Sample 1
Minimum Revenue Guarantee. Within twelve (12) months of executing this Agreement, Client agrees to generate sufficient transactions through their eStore that will generate minimally One Hundred Thousand Dollars ($100,000) of Net Revenue per month for the Company. If the Client fails to generate sufficient transactions through their eStore resulting in less than One Hundred Thousand Dollars ($100,000) of Net Revenue for any given month for the Company, the Client will pay the Company an amount equal to One Hundred Thousand Dollars ($100,000) less the actual Net Revenue generated by the Client for the Company for the month.
Sample 1
Minimum Revenue Guarantee. Subject to Section 5.2 below, during the Term AOL will pay CNN a total minimum revenue guarantee of $6,266,666.00 (the “Minimum Revenue Guarantee”). The Minimum Revenue Guarantee shall be payable by AOL to CNN on a monthly basis in installments equal to $261,111.00 per month on the first (1st) day of each calendar month during the Term.
Sample 1
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Minimum Revenue Guarantee. (1) During the Minimum Revenue Guarantee Period, but subject to the provisions of subsection (2) below, Xxxxx shall pay to Licensee, on a Quarterly basis, an amount equal to the shortfall, if any, between the Quarterly Minimum Revenue Guarantee and the Revenue for that Quarter (the “Minimum Revenue Guarantee Payment”), except if that shortfall is caused by the termination of the Services and License Agreement in accordance with Section 18.1 or Section 18.2 of the Services and License Agreement. (2) In any Quarter immediately following a Quarter in respect of which a Minimum Revenue Guarantee Payment was made pursuant to the provisions of subsection (1) above, but not in the first Quarter following an annual reconciliation completed pursuant to the provisions of subsection (3) below, Licensee will pay to Licensor a refund equal to the amount by which, if any, the Revenue for that subsequent Quarter exceeds the Quarterly Minimum Revenue Guarantee, but only to a maximum amount of the Minimum Revenue Guarantee Payment that was received by Licensee in respect of the immediately preceding Quarter (the “Minimum Revenue Guarantee Refund”). (3) At the end of each calendar year that occurs during the Minimum Revenue Guarantee Period, and at the end of the Minimum Revenue Guarantee Period, the Licensor and Licensee will perform a reconciliation whereby Licensee shall pay to Licensor the amount by which, if any, the sum of the Revenue and the Minimum Revenue Guarantee Payment for the reconciliation period exceeds the Minimum Revenue Guarantee as applicable for that reconciliation period.
Sample 1
Minimum Revenue Guarantee. Concessionaire hereby guarantees that the aggregate amount of payments received by Sagent from Concessionaire under this Agreement during each of Year 1, Year 2 and Year 3 shall equal or exceed the amounts of [*] dollars ($[*]), [*] dollars ($[*]) and [*] dollars ($[*]), respectively (the "Guaranteed Minimums"). Within thirty (30) days after the end of each of Year 1, Year 2 and Year 3, Concessionaire shall pay Sagent the difference between the applicable Guaranteed Minimum and the actual aggregate amount of payments received by Sagent from Concessionaire under this Agreement during such Year 1, Year 2 or Year 3, respectively, if such actual aggregate amount is less than the applicable Guaranteed Minimum.
Sample 1

Related to Minimum Revenue Guarantee

  • Minimum Revenue Borrower and its Subsidiaries shall have Revenue from sales, marketing or distribution of the Product and related services (for each respective measured period, the “Minimum Required Revenue”): (a) during the twenty-four month period beginning on January 1, 2015, of at least $45,000,000; (b) during the twenty-four month period beginning on January 1, 2016, of at least $80,000,000; (c) during the twenty-four month period beginning on January 1, 2017, of at least $110,000,000; and (d) during the twenty-four month period beginning on January 1, 2018, of at least $120,000,000; and (e) during the twenty-four month period beginning on January 1, 2019, of at least $120,000,000.

  • Minimum Royalty At the beginning of each calendar year during the term of this Agreement, beginning January 1, 2016, Company shall pay to Medical School a minimum royalty of {***}. If the actual royalty payments to Medical School in any calendar year are less than the minimum royalty payment required for that year, Company shall have the right to pay Medical School the difference between the actual royalty payment and the minimum royalty payment in full satisfaction of its obligations under this Section, provided such minimum payment is made to Medical School within sixty (60) days after the conclusion of the calendar year. Waiver of any minimum royalty payment by Medical School shall not be construed as a waiver of any subsequent minimum royalty payment. If Company fails to make any minimum royalty payment within the sixty-day period, such failure shall constitute a material breach of its obligations under this Agreement, and Medical School shall have the right to terminate this Agreement in accordance with Section 8.3.

  • Minimum Royalties If royalties paid to Licensor do not reach the minimum royalty amounts stated in Section 3.3 of the Patent & Technology License Agreement for the specified periods, Licensee will pay Licensor on or before the Quarterly Payment Deadline for the last Contract Quarter in the stated period an additional amount equal to the difference between the stated minimum royalty amount and the actual royalties paid to Licensor.

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

  • Minimum Interest Charge If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1. This charge is in lieu of any interest charge.

  • Minimum Monthly Rent (Section 1.5): Tenant shall pay to Landlord Minimum Monthly Rent for the Premises during the Extended Term in accordance with the schedule and in the amount set forth below: 01/01/13-07/31/13 $ 1,776.25 per month $ 8,645.00 per month $ 10,421.25 per month 08/01/13-07/31/14 $ 1,827.00 per month $ 8,892.00 per month $ 10,719.00 per month 08/01/14-07/31/15 $ 1,877.75 per month $ 9,139.00 per month $ 11,016.75 per month

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

  • Minimum Debt Service Coverage Ratio as at the end of each Fiscal Quarter, the Debt Service Coverage Ratio shall not be less than 1.20 to 1.00; and

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

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