Monthly Minimum. 4.3.1. If Client has signed up to a monthly minimum such monthly minimum fee shall be identified in the Schedule and Client shall pay ConnectWise the greater of (i) the minimum amount set forth herein or in the Schedule, if applicable and (ii) Client’s actual usage of the ConnectWise Offering. All reported numbers for purposes of billing, payments, the determination of Client’s actual usage, fees and general delivery reporting are based on measurements within the ConnectWise Offering.
Monthly Minimum. Any provision in this Agreement to the contrary notwithstanding, Company guarantee to Bank: (i) from the date hereof until and including May 31, 2008, that Bank will suffer no losses in connection with the operation of the OLB Secondary Marketing Division Employees; and (ii) that commencing June 1, 2008, , and continuing each month thereafter during the term of this Agreement, the sum of the Override Fee and the Graduated Funding Fee payable to Bank as part of the calculation of the Net Divisional Profitability shall be at least $[ * ] per month (“Monthly Minimum”). In the event that (a) the Monthly Minimum is not met, or (b) Bank suffers any losses in connection with the operation of the OLB Secondary Marketing Division Employees prior to the effectiveness of the Monthly Minimum, Company shall promptly pay to Bank such shortfall. In addition to paying such shortfall, Company agrees to provide additional capital to the OLB Secondary Marketing Division Employees from time to time on an as-needed basis and when reasonably requested by Bank. No payments due Company hereunder shall be made by Bank until each Monthly Minimum has been received by Bank. Company absolutely and unconditionally guarantees to Bank and its successors and assigns, the full and complete Monthly Minimum as and when the same becomes due and payable. The obligations of Company under this Section shall be an absolute, unconditional, present and continuing guaranty of payment and not collectibility. This guaranty shall be binding upon the Company and its successors and assigns. No waiver, amendment, release or modification of this Section shall be established by conduct, custom or course of dealing, but solely by an instrument in writing duly executed by Bank and Company.
Monthly Minimum. If the Application or another Supplemental Agreement makes Merchant subject to a Monthly Minimum, then, if during any calendar month of the Term, the aggregate amount or number (as applicable) of all Electronic Payments processed via the CurbPay Services (the “Transaction Volume”) is less than the product of the applicable Minimum Transaction Volume (the “Monthly Minimum”), then Merchant shall pay Curb an amount equal to the product of (i) the difference between the Monthly Minimum and the Transaction Volume multiplied by
Monthly Minimum. The Service and Facility Charge plus the Demand Charge, plus the Production Meter Charge if applicable. Applicability for the Production Meter Charge can be found under the Net Metering Service Schedule CRITICAL PEAK PRICING PERIOD A Critical Peak Pricing Period shall be a consecutive four hour (4 hr.) period during the hours starting noon and ending 8:00 p.m.
Monthly Minimum. Client agrees to generate a minimum of fees, i.e. Processing Fees plus Purchaser's Discount to Purchaser in the amount of $1,500.00 per month for a period of six months from the date of this Agreement regardless of any earlier termination of this Agreement (such minimum fees to be referred to herein as the "Monthly Minimum"). Purchaser acknowledges receipt of Client's payment of $1,000 prior to the execution of this Agreement, and agrees to apply such amount against the Monthly Minimum that the Client is required to generate for the first month during the term of this Agreement. Should Purchaser not receive the Monthly Minimum for any month during the term of this Agreement, Client agrees to remit immediately to Purchaser the difference between the Monthly Minimum and the fees actually generated through financing for such month. Remittance of the difference to Purchaser shall be made as follows: by Purchaser's deducting the difference from the Part Payment for any Account, from any sum otherwise to be returned to Client from the Collected Reserve in accordance with the provisions of this Agreement and/or any collateral securing Client's obligations to Purchaser, or by Client's direct payment to Purchaser of such difference.
Monthly Minimum. NUMBER ---------------------- TIME PERIOD STANDARD DONORS NON-STANDARD DONORS ----------- --------------- ------------------- 1/1/03 through 12/31/03 *** *** 1/1/04 through 12/31/04 *** *** 1/1/05 through 12/31/05 *** *** 1/1/06 through 12/31/06 *** ***
Monthly Minimum. In any month during the first year after the Start Date ---------------- in which the total payment due CTN under Subparagraph (B) of this Paragraph is less than XXX Dollars ($XXX), Eastern shall pay to CTN the difference between the payment due under Subparagraph (B) and XXXXX Dollars ($XXX) (the "Advance") so that CTN shall receive from Eastern a total of no less than XXXX Dollars ($XXXX) per month (the "Monthly Minimum"). After the first year after the Start Date, the Monthly Minimum shall increase according to the following schedule:
Monthly Minimum. During each Monthly Period of the Term following the expiration of the Ramp Period, Customer's Total Usage Charges under this Agreement must equal or exceed Five Hundred Thousand Dollars ($500,000) (the "Monthly Minimum").
Monthly Minimum. If, in any Monthly Period of the Term after the expiration of the Ramp Period, Customer's Total Usage Charges are less than the Monthly Minimum, then Customer will pay: (1) all accrued but unpaid Usage Charges and other charges incurred by Customer; and (2) an underutilization charge (which Customer hereby agrees is reasonable) equal to the difference between the Monthly Minimum and Customer's Total Usage Charges during such Monthly Period.
Monthly Minimum. CRYOPORT shall pay KLATU its contracted hourly rates pursuant to Exhibit A for engineering services performed under each Statement of Work. KLATU will not increase such published rates during a Project and will not increase hourly rates by more than four percent (4%) per annum during the term of this Agreement. Each week, or in accordance with agreed upon milestones whichever is specified in the applicable Statement of Work, KLATU shall invoice CRYOPORT for engineering services performed under this Agreement. Payment of such invoice is due within ten (10) days after receipt thereof. If the applicable Statement of Work provides for an initial retainer payment paid pursuant to Section 5.2, it shall be credited against the fees to be paid pursuant to each such invoice in an amount equal to twenty-five percent (25%) of such invoice, until the total amount of the retainer has been credited. KLATU will refund to CRYOPORT the balance of any uncredited initial retainer payment upon the completion of the Project. To ensure the availability of KLATU personnel to perform services, CRYOPORT agrees it shall pay KLATU a minimum for services fees of $25,000.00 per month (“Minimum Monthly Fee”). In the event the actual services fees for any month will be less than the minimum Monthly Fee due to an insufficiency of work assigned to by Cryoport to KLATU , the shortfall shall be included in and payable with the final invoice for such month. Any such shortfall in a month if timely paid by CRYOPORT may be carried forward as advance payment for future services performed in excess of the Minimum Monthly Fee in any of the three (3) months following the month of such shortfall; provided if such shortfall occurs after a notice of termination has been given pursuant to Section 7.2, a shortfall occurring after such notice may be carried forward up to ninety (90) days after the termination date of this Agreement.
