Annual Minimum will have the meaning specified in Section 2.1;
Annual Minimum means the aggregate Service Charges invoiced by CPA Global to Customer in each Contract Year; Data means the information required by CPA Global in order to identify, process and administer the Renewal of the Rights; Charges means all fees and charges made by CPA Global under this Agreement including without limitation the Service Charge, Official Charge and Country Charge, as more particularly defined in Clause 4; Contract Year means successive periods of twelve months from and including the Start Pay Date; Instructions mean the communication by the Customer (or its authorized agent) to CPA Global in accordance with Clause 3.1 and the Schedules attached to this Agreement either to proceed with a Renewal or not to proceed with a Renewal; Renewal(s) means the process by which CPA Global communicates and makes payment of amounts (and where applicable submits relevant Data and/or formality documents) to a third party in order to effect the renewal of a Right of the Customer in a jurisdiction;
Annual Minimum has the meaning set forth in Section 8(a).
Examples of Annual Minimum in a sentence
The Series Complex will be charged the greater of its Asset Based Fee or its Annual Minimum Fee, in each case calculated in the manner set forth below.
Annual Minimum Fees Domestic Equity Portfolio $35,000 Domestic Fixed Income Portfolio $45,000 International Series Portfolio $70,000 Per Class of Share Fee $ 4,000 There is an annual minimum fee that will be charged only if the annual asset based fee is less than the calculation for the minimum fee.
The Fund Complex will be charged the greater of its Asset Based Fee or its Annual Minimum Fee, in each case calculated in the manner set forth below.
In this Rate Handbook, the following terms have the meanings set out below: Annual Minimum Volume: The annual minimum volume agreed to by the Applicant, an Applicant’s Gas Marketer or a Gas Marketer acting on behalf of an Applicant under its Rate Schedule or Distribution Service Agreement.
The Annual Minimum Per-Lease B&I Cap Ex Requirement shall be unchanged by this Amendment.
More Definitions of Annual Minimum
Annual Minimum means the lesser of (i) [***]% of the Annual Threshold or (ii) the Annual Threshold minus [***] units of Product (the equivalent of [***] full [***] kg batch at the theoretical yield); provided, however, that from and after the timely cure of a Supply Failure described in subsections (i) and (ii) of Section 2.11 and OptiNose’s resumption of ordering from CPL as described in Section 2.11, the applicable percentage in subsection (i) above shall be reduced by [***]% (for example, [***]% shall be reduced to [***]% upon the first instance, and then to [***]% upon the next instance), provided such percentage shall not go below [***]%.
Annual Minimum shall be defined in Schedule C hereafter.
Annual Minimum has the meaning set forth in Section 3.02(c).
Annual Minimum has the meaning set forth in Paragraph 2(a) of this Agreement and the meaning ascribed in Paragraph 2(f) for the Phase Down period.
Annual Minimum means the minimum aggregate Service Charges to be invoiced by CPA Global to Customer in each Contract Year. If the Annual Minimum is not satisfied by the actual Service Charges invoiced each Contract Year, CPA Global shall invoice and Customer shall pay the difference of the actual Service Charges invoiced and the Annual Minimum; Data means the information required by CPA Global in order to identify, process and administer the Renewal of the Rights; Charges means all fees and charges made by CPA Global under this Agreement including without limitation the Service Charge, Official Charge and Country Charge, as more particularly defined in Clause 4; Contract Year means successive periods of twelve months from and including the Start Pay Date; Instructions mean the communication by the Customer (or its authorized agent) to CPA Global in accordance with Clause 3.1 and the Schedules attached to this Agreement either to proceed with a Renewal or not to proceed with a Renewal; Renewal(s) means the process by which CPA Global communicates and makes payment of amounts (and where applicable submits relevant Data and/or formality documents) to a third party in order to effect the renewal of a Right of the Customer in a jurisdiction;
Annual Minimum shall have the meaning set forth in Section 2.13.
Annual Minimum. The Customer's Usage Charges must equal or exceed the following amounts: Contract Year 1: $1,500,000 Contract Year 2: The greater of (a) $1,500,000 or (b) 90% of Customer’s Usage Charges during Contract year 1 Contract Year 3: The greater of (a) $1,500,000 or (b) 90% of Customer’s Usage Charges during Contract Year 2 Commencing on the 6th Amendment Effective Date and for the remainder of the Term, Customer’s new Annual Minimum will be $1,200,000 in Total Service Charges, or a pro rata portion thereof for any partial contract year. Commencing on the 9th Amendment Effective Date and for the remainder of the Term, Customer’s new Annual Minimum will be as follows in Total Service Charges, or a pro rata portion thereof for any partial contract year.