Minimum Volume Fee Clause Samples

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Minimum Volume Fee. The Minimum Volume Fee shall apply as stated in Section II—Quantities and Services Provided (k).
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Minimum Volume Fee. Any provision of this Agreement to the contrary notwithstanding, if as of the close of any month the average monthly aggregate net face value of all Accounts offered by you and purchased by us during the three-month period then ended is less than $750,000 (the "GUARANTEED MONTHLY VOLUME"), you will pay to us as a supplemental fee for the month then ended an amount equal to the Discount Fee we would have earned on the difference, assuming collection within 30 days (the "MINIMUM VOLUME FEE").
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Minimum Volume Fee. Any provision of this Agreement to the contrary notwithstanding, if the aggregate net face value of Accounts accepted by us in a year (the "ACTUAL VOLUME") during the Term is less than $2,000,000 (the "ANNUAL MINIMUM VOLUME"), you shall pay to us as a supplemental fee, on the first day of the month following the year in which the Actual Volume does not equal or exceed the Annual Minimum Volume, an amount equal to the Collateral Management Fee plus the Processing Fee you would have been required to pay us by offset pursuant to the terms of Paragraph 2.2 (assuming collection within 30 days) on the amount by which the Yearly Minimum Volume for such year exceeds the Actual Volume for such year. You acknowledge that we may charge your account for all amounts you are required to pay us under this paragraph.
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Minimum Volume Fee. Any provision of this Agreement to the contrary notwithstanding, if as of the close of any month the average monthly aggregate net face value of all Accounts offered by you and purchased by us during the three-month period then ended (fee “Actual Monthly Volume”) is less than One Hundred Fifty Thousand Dollars ($150,000) (the “Guaranteed Monthly Volume”), you will pay to us as a supplemental fee for the month then ended an amount (the “Minimum Volume Fee”) equal to the product of (i) the excess of the Guaranteed Monthly Volume over the Actual Monthly Volume multiplied by (ii) the Discount Fee we would have earned on such amount assuming collection within 30 days.
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Related to Minimum Volume Fee

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5. The Minimum Monthly Rent shall be increased as set forth in Section 1.5 and/or elsewhere in this Lease. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, and before the Commencement Date, Tenant shall pay to Landlord the aggregate of the first month’s Minimum Monthly Rent, the first month’s Monthly Impound Payment (see Section 4.4), and the Security Deposit (see Section 5).

  • 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 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 Annual Royalty Beginning in the calendar year after the first occurrence of SALEs, and in each succeeding calendar year thereafter, LICENSEE will pay to REGENTS a minimum annual royalty of [Written amount] U.S. Dollars ($ Number) for the life of this AGREEMENT. This minimum annual royalty will be paid to REGENTS by February 28 of each year and will be credited against the earned royalty due and owing for the calendar year in which the minimum payment is made.

  • Minimum Payment Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.