Common use of Minimum Volume Fee Clause in Contracts

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").

Appears in 1 contract

Samples: Amendment of Solicitation/Modification of Contract (Acorn Holding Corp)

AutoNDA by SimpleDocs

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 3,500,000 (the "GUARANTEED MONTHLY VOLUME"“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"“Minimum Volume Fee”).

Appears in 1 contract

Samples: Master Factoring Agreement (Aegis Communications Group Inc)

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"').

Appears in 1 contract

Samples: Master Factoring Agreement (Acorn Holding Corp)

AutoNDA by SimpleDocs

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 $750,000 500,000 (the "GUARANTEED MONTHLY VOLUMEGuaranteed Monthly Volume"), you and PlanGraphics, Inc will pay be jointly and severally responsible for paying 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 FEEMinimum Volume Fee").

Appears in 1 contract

Samples: Master Factoring Agreement (Plangraphics Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!