VOLUME BASED MONTHLY FEE Sample Clauses

VOLUME BASED MONTHLY FEE. Pursuant to Article II a) i) of the Agreement, in consideration of additional business services, supplier market information and System access (exclusive of access to the QuickSource(TM) eSourcing Solution) provided by FreeMarkets to support higher volumes run through FreeMarkets(R) DirectSource(TM) and FullSource(TM) eSourcing Solutions than are paid for by the Fixed Monthly Access Fee, during each Contract Year, United shall pay FreeMarkets, with respect to each month during such Contract Year, a "Volume Based Monthly Fee" that is based upon the type of Sourcing Project and the amount by which the sum of the Cumulative FullSource Adjusted Fee and the Cumulative DirectSource Adjusted Fee for such Contract Year has exceeded the Yearly Committed Access Fee for such Contract Year by the end of the applicable month. The Volume Based Monthly Fees are in addition to the Fixed Monthly Access Fees set forth above. The Volume Based Monthly fee with respect to each month during a Contract Year shall equal (i) the amount by which the sum of the Cumulative FullSource Adjusted Fee and the Cumulative DirectSource Adjusted Fee, for the portion of the Contract Year ending on the last day of the applicable month, exceeds the Yearly Committed Fee for such Contract Year, minus (ii) the sum of the Volume Based Monthly Fees paid or payable by with respect to each month of the applicable Contract Year which ended prior to the applicable month. Volume Based Monthly Fees for a month shall be paid according to Article II c). Volume of Sourcing Projects begun prior to January 1, 2001 which are completed prior to January 31, 2001 shall not be included in the calculation of the Volume Based Monthly Fee. Volume run as a QuickSource Project will not be included for purposes of the preceding paragraph, provided however, that if a FullSource Project or DirectSource Project is converted into a QuickSource Project, in whole or in part, then the QuickSource Project will be deemed to be a completed CBE(R) of the type of project from which it was converted and shall be included in the calculation of fees set forth in the proceeding paragraph. TABLE 1 ------------------------------------------------------------------------------------------------------------------------------- 2001 CONTRACT YEAR 2002 CONTRACT YEAR 2003 CONTRACT YEAR ------------------------------------------------------------------------------------------------------------------------------- FIXED MONTHLY ACCESS FEE [*] [*] [...
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Related to VOLUME BASED MONTHLY FEE

  • Monthly Fee Programmer will pay Licensee for the broadcast of the programs hereunder a fee each month as described in more detail in Appendix A to this Agreement (the "Monthly Fee"). The Monthly Fee will be payable on the first day of each calendar month during the Term, to Clearly Superior Radio, L.L.C., 0000 Xxxxx Xxxxx Xxxxxx, Xxx Xxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx 00000, or to such other address as Licensee may designate in writing. The failure of Licensee to demand or insist upon prompt payment of the Monthly Fee will not constitute a waiver of its right to do so.

  • Quarterly Payments If Tenant during any six (6) month period shall be more than five (5) days delinquent in the payment of any rent or other amount payable by Tenant hereunder on three (3) or more occasions, then, notwithstanding anything herein to the contrary, Landlord may, by written notice to Tenant, elect to require Tenant to pay all Base Monthly Rent and Additional Rent quarterly in advance. Such right shall be in addition to and not in lieu of any other right or remedy available to Landlord hereunder or at law on account of Tenant's default hereunder

  • Over-Allowance Amount On the Cost Proposal Delivery Date, Landlord shall identify the amount (the "Over-Allowance Amount") equal to the difference between (i) the amount of the Cost Proposal and (ii) the amount of the Improvement Allowance. Subject to the terms of Section 2.3 of this Work Letter Agreement, the Over-Allowance Amount shall be delivered from Tenant to Landlord (on a pro-rata basis, based upon the percentage of the Tenant Improvements completed) within fifteen (15) days of Tenant's receipt of an invoice for such portion of the Over-Allowance Amount. In the event that, after the Cost Proposal Delivery Date, any revisions, changes, or substitutions shall be made to the Construction Drawings or the Improvements as the result of (i) a ratified Tenant Change, or (ii) a change requested by Landlord and reasonably approved by Tenant, then, subject to the terms of Section 2.3 of this Work Letter Agreement, any additional costs which arise in connection with such revisions, changes or substitutions or any other additional costs shall be paid by Tenant to Landlord immediately upon Landlord's request as an addition to the Over-Allowance Amount. Subject to the terms of Section 2.3 of this Work Letter Agreement, in the event that Tenant fails to deliver the Over-Allowance Amount as provided in this Section 4.3.1, then Landlord may, at its option, cease work in the Premises until such time as Landlord receives payment of the Over-Allowance Amount (and such failure to deliver shall be treated as a Tenant delay in accordance with the terms of Section 5.2 below).

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

  • Make-Whole Amount The term “

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

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