TT&C Fee Sample Clauses

TT&C Fee. In the event that (i) PAS-3 remains in Service [******************] (ii) PAS-6B [******************************************] or (iii) if Buyer exercises its termination right under Section 7.9 of this Agreement, PAS-6 remains in service [****************] or otherwise PAS-6 remains in service [************************************** ******] and all Installment payments with respect to Buyer's Transponders on the applicable Satellite up to said point have been made, if Buyer decides to continue to use the Buyer's Transponders on the Satellite, it may do so for the [*********] of the applicable Satellite [************************************************** ******************************************************************************* ******************************************************************************** **************] by paying PanAmSat a monthly TT&C fee of [********************** ************] per Transponder (the "TT&C Maintenance Fee"). The TT&C Maintenance Fee shall be due and payable monthly on the same day of the month that the Installments were previously due. If Buyer elects to continue to use a Buyer's Transponder on the affected Satellite during this period, it must pay the TT&C Maintenance Fee for all of Buyer's Transponders on the affected Satellite that continue to meet the Performance Specifications and/or that Buyer continues to use on a degraded basis. If Buyer does not pay the TT&C Maintenance Fee, Buyer shall not be permitted to continue to use (or allow others to use) the Buyer's Transponders on the affected Satellite, this Agreement shall be terminated as to the affected Satellite, and, as compensation for PanAmSat's continuing operation of the Satellite, PanAmSat shall be permitted to use and/or permit others to use the Buyer's Transponders on the affected Satellite for any purpose whatsoever. For the avoidance of doubt, for (i) the [***********] PAS-3, (ii) the [***************************] of life of [***] Filed separately with the Commission pursuant to a request for confidential treatment. PAS-6B, and, (iii) if Buyer exercises its early termination right under Section 7.9, the [*****************] on PAS-6; for the [***************] of the life of PAS-6 if Buyer does not exercise its early termination right under Section 7.9, the TT&C fee is calculated into the Purchase Price and TT&C will be provided by PanAmSat (and/or its contractors) during these periods at [*********] to Buyer.
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TT&C Fee. During the Term of this Agreement, ACS shall pay to the Client the following: (i) Administrative Fee Payment. ACS shall pay the Client a monthly management fee equal to the percentage of the ACS Revenue of the Client Business set forth on Attachment C that is collected as Revenue as reflected in the financial records of ACS.. All payments to the Client of the Administrative Fee shall be based on cash received and cash paid out by ACS. Monthly payments to the Client representing the Administrative Fee shall be paid on the 15th of each month for the month immediately preceding. (ii) Implementation Payments. ACS shall make up to four payments to the Client as a fixed implementation fee for the Client’s achievement of certain implementation targets as specified in Attachment C attached hereto, not to exceed [***] in the aggregate. These targets will be measured as (i) the Client presenting for processing by ACS a percentage of its payors set forth in Attachment C actually and actively submitting claims to ACS and (ii) the attainment of monthly Revenue for Covered Services set forth in Attachment C. Notwithstanding the above, it is the intention of the parties that the Client is to receive an aggregate fee (meaning the total of the Administrative Fee Payment and Implementation Payment) of [***] of the total Revenue attributable to all Covered Services (the “Client Business”) provided to Client Participants during the Term of this Agreement (the “TTC Fee”). Commencing upon the 33rd month of the Term of the Agreement, ACS and the Client shall calculate the total aggregate amount of the Administrative Fee Payments and Implementation Payments paid to the Client and reconcile such payments to equal [***] of the total Revenue attributable to the Client Business. Upon such reconciliation, any differences in the reconciled TTC Fee shall be paid to the Client by ACS or reimbursed to ACS by the Client, as the case may be, over a period of 18 months in equal installments as an adjustment to future Administrative Fee Payments.
TT&C Fee. (a) The fee for the provision of the TT&C Services (the "TT&C Fee") for any given month shall be equal to the product of (x) the TT&C Base Amount, multiplied by (y) the number of Authorized Subscribers calculated for such ---------- -- month. The initial "TT&C Base Amount" shall be determined on May 1, 1993 (or on July 1, 1993 if the July Extension is applicable), and be based on the aggregate amount of Committed Member Payments actually paid to HCG or owed to HCG as Second Payments under Section 1.01(b)(iv) as of such date as follows: Information below, marked with [**], has been omitted pursuant to a request for confidential treatment. A complete copy of this document has been supplied to the Securities and Exchange Commission under separate cover. Committed Member Payments TT&C Base Amount ------------------------- ---------------- $0 to $149,999,999.99 [**] $150,000,000 to $199,999,999.99 [**] $200,000,000 to $249,999,999.99 [**] $250,000,000 [**]
TT&C Fee. (a) The fee for the provision of the TT&C Services (the "TT&C Fees") for any given month shall be equal to the product of (x) the TT&C Base Amount, multiplied by (y) the number of Authorized Subscribers calculated for such ------------- month. The initial "TT&C Base Amount" shall be determined on July 31, 1993, and be based on the aggregate amont of Committed Member Payments actually paid to HCG or owed to HCG as Second Payments under Section 1.01(b)(iv) as of such date as follows: * * * * * * * * * *

Related to TT&C Fee

  • Basic Fee One-twelfth of the annual Basic Fee Rate for a class shall be applied to the average of the net assets of the class of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the monthly Basic Fee for the class.

  • Up-Front Fee The Borrowers shall pay to the Agent an up-front fee in the amount and at the times agreed in a Fee Letter.

  • L/C Fees Borrower shall pay to Agent for the account of each Lender in accordance with its Applicable Percentage an L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. L/C Fees shall be (A) due and payable on the first Business Day of each of April, July, October and January, in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand and (B) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, all L/C Fees shall accrue at the Default Rate.

  • Upfront Fee The Borrower shall pay to the Agent (for the account of each Original Lender) an upfront fee in the amount and at the times agreed in a Fee Letter.

  • CONTRACT FEE An annual charge for administration expenses made on each contract anniversary prior to the Maturity Date.

  • Base Fee The Company shall pay to the Advisor a quarterly base fee (the “Base Fee”) payable in arrears in cash, for services provided by the Advisor in the preceding quarter. For purposes of this Agreement, the “Base Fee” will be equal to 0.70% per annum of the Total Market Capitalization of the Company, subject to the payment of a minimum quarterly base fee (“Minimum Base Fee”), if applicable. For purposes of this Agreement, “Total Market Capitalization” shall be calculated on a quarterly basis as (i) the average of the volume-weighted average price per share of Ashford Prime’s common stock for each trading day of the preceding quarter multiplied by the average number of shares of Ashford Prime’s common stock outstanding during such quarter, on a fully-diluted basis (assuming all common units and long term incentive partnership units in the Operating Partnership which have achieved economic parity with common units in the Operating Partnership have been converted to common stock in the Company), plus (ii) the quarterly average of the aggregate principal amount of the Company’s consolidated indebtedness (including the Company’s proportionate share of debt of any entity that is not consolidated but excluding the Company’s joint venture partners’ proportionate share of consolidated debt), plus (iii) the quarterly average of the liquidation value of the Company’s outstanding preferred equity. The Minimum Base Fee for each quarter will be equal to the greater of (i) 90% of the Base Fee paid for the same quarter in the prior year and (ii) the G&A Ratio multiplied by the Company’s Total Market Capitalization. For purposes of this Agreement, the “G&A Ratio” will be calculated as the simple average of the ratios of total general and administrative expenses, less any non-cash expenses but including any dead deal costs, paid in the applicable quarter by each member of a select peer group set forth in Exhibit A (each, a “Peer Group Member” and collectively, the “Peer Group”), divided by the total enterprise value of such Peer Group Member (calculated in the same manner as the Company’s Total Market Capitalization). The G&A Ratio for each Peer Group Member will be calculated based on the financial information presented in such Peer Group Member’s Form 10-Q or 10-K periodic filings with the SEC following the end of each quarter. The Peer Group may be modified from time to time by mutual written agreement of the Advisor and a majority of the Independent Directors, negotiating in good faith. The Base Fee, as calculated above, shall be payable in arrears no later than the 15th day following the end of each quarter (i.e., one-fourth of 0.70% of the Total Market Capitalization of the Company). The Minimum Base Fee shall be calculated as soon as practicable following the end of the quarter, and to the extent the Minimum Base Fee exceeds the Base Fee paid to the Advisor with respect to any quarter, the Company will pay the Advisor the difference between Minimum Base Fee and the Base Fee within 5 business days of final calculation of the Minimum Base Fee. For purposes of payment of the Base Fee for a partial quarter relating to the first quarter in which this Agreement is effective or for the last quarter in which this Agreement is terminated, the Base Fee shall be calculated as 0.70% of the Total Market Capitalization of the Company, calculated using each trading day of such partial quarter prior to termination, multiplied by the number of days in the applicable quarter in which this Agreement is in effect divided by 365 or 366 days, as applicable. The Minimum Base Fee shall be similarly reduced proportionately based on the number of days in the applicable quarter in which this Agreement is in effect divided by 365 or 366 days, as applicable.

  • Licence Fee The Licensee must pay the Licence Fee to the School Council: (a) at the School Council’s address specified in Item 15 of Schedule 1 (or to any other address as the School Council notifies the Licensee by Notice from time to time); and (b) without demand by the School Council at the times and in the manner set out in Item 7 of Schedule 1 (or at such other times or in such other manner as the School Council notifies the Licensee by Notice from time to time).

  • Monthly Fee The fee for the parking spaces shall be $ per month for parking space(s). each all

  • Utilization Fee If the aggregate outstanding amount of (i) all Revolving Credit Advances hereunder and (ii) all "Revolving Credit Advances" under (and as defined in) the Three-Year Agreement exceeds thirty-three percent (33%) of the aggregate amount of (x) all Commitments hereunder and (y) all "Commitments" under (and as defined in) the Three-Year Agreement then in effect on such date (or, if any of the Commitments or "Commitments" have been terminated, the aggregate amount of all Commitments and "Commitments" in effect immediately prior to such termination), the Borrower will pay to the Agent for the ratable benefit of the Lenders a utilization fee (the "Utilization Fee") at a per annum rate equal to the Applicable Utilization Fee Rate in effect from time to time payable on the aggregate outstanding amount of all Revolving Credit Advances on such date, payable in arrears quarterly on the last day of each March, June, September and December, and on the Revolver Termination Date.

  • Initial Fee In consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] after the Effective Date.

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