Examples of Fixed Monthly Fee in a sentence
Fixed Monthly Fee Service – for Southbound brokers only L1 above plus order depth (aggregated no.
All services specified in the Terms of Reference are to be included in the Fixed Monthly Fee portion of the contract.
Fixed Monthly Fee Service L1 above plus order depth (aggregated no.
Under this option, the City may defer payment of that portion ofthe Fixed Monthly Fee in excess ofthe amount collected during that month after the deduction ofthe City Operating Costs, until the City has collected sufficient funds pursuant to this Agreement to pay that portion ofthe monthly service fee ("Deferred Monthly Fee").
The Fixed Monthly Fee will constitute reimbursement for Services provided by the Contractor as specified in detail in the Terms of Reference.
The Fixed Monthly Fee will be paid in equal monthly installments in arrears over the Term of the Contract.
Specifically, the funds collected each month pursuant to this Agreement, less the City Operating Costs, shall be applied first to any unpaid Deferred Monthly Fees and then to that month's Fixed Monthly Fee; provided, however, that the City shall never be required to pay in any month an amount in excess of the funds collected that month.
The Fixed Monthly Fee of a Designated Intersection Approach, as defined below in Exhibit "D", shall be temporarily suspended as a result of any road repairs, street improvements or stop work order that interrupts, impedes, obstructs or interferes with the successful performance of the Redflex System at that Designated Intersection Approach for a period of fourteen (14) or more calendar days; provided however, that the interruption or interference is not caused by Redflex.
The portion of the Work done under the Fixed Monthly Fee shall be invoiced in fixed monthly installments over the duration of the Contract.
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