Common use of Registry-Level Transaction Fee Clause in Contracts

Registry-Level Transaction Fee. If the Registry has in excess of 50,000 registered names as of 30 June, it will be assessed a transaction fee for each fiscal quarter of the ICANN fiscal year. In such event, Registry shall pay ICANN a transaction fee on the schedule provided in Section 7.2(b) above, Registry Operator shall pay ICANN a Registry-Level transaction fee in an amount equal to US$0.25 for each annual increment of an initial or renewal (including renewals associated with transfers from one ICANN-accredited registry to another, each a “Transaction”) domain name registration during the calendar quarter to which the Registry-Level Transaction Fee pertains.

Registry-Level Transaction Fee. If the Registry Operator has in excess of 50,000 registered names as of 30 June, it will be assessed a transaction fee for each fiscal quarter of the ICANN fiscal year. In such event, Registry shall pay ICANN a transaction fee on the schedule provided in Section 7.2(b) above, Registry Operator shall pay ICANN a Registry-Level transaction fee on the schedule provided in Section 7.2(a) in an amount equal to US$0.25 for each annual increment of an initial or renewal (including renewals associated with transfers from one ICANN-accredited registry to another, each a “Transaction”) domain name registration during the calendar quarter to which the Registry-Level Transaction Fee pertains.