Common use of Variable Registry-­‐Level Fee Clause in Contracts

Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable notice in writing from ICANN of not less than 45 days, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry Operator. The fee will consist of two components; each component will be calculated by ICANN for each registrar. (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant fiscal year but shall not exceed US$0.25. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per registrar fees calculated for all registrars shall not exceed the total Per-Registrar Variable funding established pursuant to the approved 2016-2017 ICANN Budget.

Appears in 6 contracts

Samples: Sponsored TLD Registry Agreement, Registry Agreement, Registry Agreement

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Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable notice in writing from ICANN of not less than 45 days, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry OperatorRegistry. The fee will consist of two components; each component will be calculated by ICANN for each registrar.: (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant each fiscal year but shall not exceed US$0.25eighty percent (80%) of the registrar level transaction fee as established pursuant to the approved 2004-2005 ICANN Budget. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per per- registrar fees calculated for all registrars shall not exceed the total Per-Per- Registrar Variable funding established pursuant to the approved 2016-2017 2004- 2005 ICANN Budget.

Appears in 4 contracts

Samples: Sponsored TLD Registry Agreement, Sponsored TLD Registry Agreement, Sponsored TLD Registry Agreement

Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable notice in writing from ICANN of not less than 45 days, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry Operator. The fee will consist of two components; each component will be calculated by ICANN for each registrar.: (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant each fiscal year but shall not exceed US$0.25eighty percent (80%) of the registrar level transaction fee as established pursuant to the approved 2004-2005 ICANN Budget. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per per- registrar fees calculated for all registrars shall not exceed the total Per-Per- Registrar Variable funding established pursuant to the approved 2016-2017 2004- 2005 ICANN Budget.

Appears in 3 contracts

Samples: Sponsored TLD Registry Agreement, Sponsored TLD Registry Agreement, Sponsored TLD Registry Agreement

Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable notice in writing from ICANN of not less than 45 days, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry OperatorRegistry. The fee will consist of two components; each component will be calculated by ICANN for each registrar.: (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant each fiscal year but shall not exceed US$0.25eighty percent (80%) of the registrar level transaction fee as established pursuant to the approved 2004-2005 ICANN Budget. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per per-registrar fees calculated for all registrars shall not exceed the total Per-Registrar Variable funding established pursuant to the approved 20162004-2017 2005 ICANN Budget.

Appears in 1 contract

Samples: Sponsored TLD Registry Agreement

Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable notice in writing from ICANN of not less than 45 days, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry OperatorRegistry. The fee will consist of two components; each component will be calculated by ICANN for each registrar. (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant each fiscal year but shall not exceed US$0.25eighty percent (80%) of the registrar level transaction fee as established pursuant to the approved 2004-2005 ICANN Budget. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per registrar fees calculated for all registrars shall not exceed the total Per-Per- Registrar Variable funding established pursuant to the approved 2016-2017 2004- 2005 ICANN Budget.

Appears in 1 contract

Samples: Sponsored TLD Registry Agreement

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Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable written notice in writing from ICANN of not less than 45 daysICANN, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a7.2(b), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry Operator. The fee will .NET Registry Agreement consist of two components; each component will be calculated by ICANN for each registrar.: (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant each fiscal year but shall not exceed US$0.25eighty percent (80%) of the registrar level transaction fee as established pursuant to the approved 2004-2005 ICANN Budget. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per per- registrar fees calculated for all registrars shall not exceed the total Per-Per- Registrar Variable funding established pursuant to the approved 2016-2017 2004- 2005 ICANN Budget.

Appears in 1 contract

Samples: Registry Agreement

Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable written notice in writing from ICANN of not less than 45 daysICANN, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a7.2(b), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry Operator. The fee will consist of two components; each component will be calculated by ICANN for each registrar.: (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant each fiscal year but shall not exceed US$0.250.15. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per per- registrar fees calculated for all registrars shall not exceed the total Per-Per- Registrar Variable funding established pursuant to the approved 2016-2017 2004- 2005 ICANN Budget.

Appears in 1 contract

Samples: Registry Agreement

Variable Registry-­‐Level Fee. For fiscal quarters in which ICANN does not collect a variable accreditation fee from all registrars, upon receipt of reasonable notice in writing from ICANN of not less than 45 days, Registry Operator shall pay ICANN a Variable Registry-Level Fee. The fee will be calculated by ICANN, paid to ICANN by the Registry Operator in accordance with the Payment Schedule in Section 7.2(a), and the Registry Operator will invoice and collect the fees from the registrars who are party to a Registry-Registrar Agreement with Registry Operator. The fee will consist of two components; each component will be calculated by ICANN for each registrar. (i) The transactional component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for the relevant fiscal year but shall not exceed US$0.25. (ii) The per-registrar component of the Variable Registry-Level Fee shall be specified by ICANN in accordance with the budget adopted by the ICANN Board of Directors for each fiscal year, but the sum of the per registrar fees calculated for all registrars shall not exceed the total Per-Registrar Variable funding established pursuant to the approved 2016-2017 ICANN Budget.

Appears in 1 contract

Samples: Sponsored TLD Registry Agreement

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