Fee Credit definition
Examples of Fee Credit in a sentence
A waiver, whether partial, total or conditional, of any Fee Credit, or right to terminate this Agreement in a particular instance, does not constitute a waiver in any other instance.
With respect to any Month, if Computershare shall owe a Service Fee Credit amount pursuant to the terms of this KPI Document, such Service Fee Credit(s) shall be included on the Subsequent Invoice.
Costs to utilize NSCC system to send commissions to brokerage firms; NSCC Fee, NSCC Year End Fee, NSF Draft Fee Credit; o IBM Global Services – Cost of sending out eStatements; o all other miscellaneous expenses reasonably incurred by FTIS in the performance of its obligations under the Agreement.
If Downtime exceeds a certain amount per month, Customer will be entitled, upon written request, to a credit (“Fee Credit”) based on the formula: Fee Credit = Fee Credit Percentage set forth below * (1/12 current annual Fees paid for Software affected by Downtime).
If Downtime is 30 minutes or less, no Fee Credit Percentage is awarded.
It is agreed that in respect of each Transaction, Razorpay shall be entitled to deduct an amount equivalent to Razorpay Fees along with applicable taxes from the Fee Credit.
Any alterations that increase or reduce benefit or use to neighboring jurisdictions shall result in a proportionate adjustment in the Storm Water Fee Credit given to the Port.
If Downtime is from 121 to 240 minutes, Customer is eligible for a Fee Credit Percentage of 7.5%.
For example, if You have a Fee Credit of INR 100 then all the Transactions will be settled in full and the Fees for these payments will be deducted from the Fee Credit of INR 100 ("Fee Credit" ).
If Downtime is from 31 to 120 minutes, Customer is eligible for a Fee Credit Percentage of 5%.