Initial Maintenance Fee definition

Initial Maintenance Fee means the fee for provision of Maintenance Services during each Maintenance Year of the Initial Maintenance Term, as set out in the Quotation;
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Initial Maintenance Fee. $ Optional “Annual Maintenance Fee” (after Initial Maintenance Period): $ Annual (if checked, this is an “Annual Term License”) “Annual Fee” (includes distribution rights, updates & support): $ (Annual Fee is due on every anniversary of the Effective Date until terminated)
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Examples of Initial Maintenance Fee in a sentence

  • The licence shall commence when installation has been successfully completed and the Customer has paid the Price and Initial Maintenance Fee, if applicable, and may be terminated by TS.

  • If Payment Status is marked as “Fully Paid”, then Insecure has already received payment for the Perpetual License Fee and Initial Maintenance Fee.

  • The Initial Maintenance Fee shall be as set out in the Quotation and shall be payable on the Maintenance Commencement Date.

  • Quantity Description (Note: *** indicates Depot Repair Only Products) Year Initial Maintenance Fee Per Unit Initial Maintenance Fee In Total 130 AutoMARK Assist Terminal 2007 $280 $36,400 130 AutoMARK Assist Terminal 2008 $291 $37,830 130 AutoMARK Assist Terminal 2009 $303 $39,390 130 AutoMARK Assist Terminal 2010 $315 $40,950 Per-Unit Fees if Customer requests more than one Routine Maintenance visit in a 12- month period, Customer shall pay 90% of the then current maintenance fee per unit.

  • The rates for this option are as follows: Quantity Description (Note: *** indicates Depot Repair Only Products) Year Initial Maintenance Fee Per Unit Initial Maintenance Fee In Total 130 AutoMARK Assist Terminal 2007 $100 $13,000 130 AutoMARK Assist Terminal 2008 $291 $37,830 130 AutoMARK Assist Terminal 2009 $108 $14,040 130 AutoMARK Assist Terminal 2010 $303 $39,390 Note 1: Firmware upgrades will be installed in conjunction with the even numbered year maintenance visit.

  • For Perpetual Licenses, this would be the Perpetual License Fee and Initial Maintenance Fee.

  • If Perpetual License Fee, Initial Maintenance Fee, and/or Payment Date are listed as “Reseller”, this sale is through a reseller (“Reseller”) and the exact amounts payable and deadlines have been worked out separately between Reseller and Insecure.

  • With respect to the Initial Term, for the purpose of this Clause 9.2, the definition Term shall mean the Initial Term and the definition Annual Maintenance Fee shall mean the Initial Maintenance Fee, proportionate divided into twelve (12) month parts.

  • The Initial Maintenance Fee shall be as set out in the Customer Product Agreement and shall be payable on the Maintenance Commencement Date and subsequently in accordance with this clause 9.

  • For Perpetual Licenses, payment of the Perpetual License Fee and the Initial Maintenance Fee (if any) are due in full by thirty (30) days after the Effective Date.

Related to Initial Maintenance Fee

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

  • Operation and Maintenance Costs means the costs of:

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Industrial maintenance coating means a high performance architectural coating, including primers, sealers, undercoaters, intermediate coats, and topcoats formulated for application to substrates, including floors, exposed to one or more of the following extreme environmental conditions listed below and labeled “For industrial use only;” “For professional use only;” “Not for residential use;” or “Not intended for residential use.”

  • Software Maintenance means the process of modifying software after delivery to correct faults, improve performance or other attributes, or adapt to a changed environment. (Reference ISO/IEC 14764:2006, as amended or superseded.) Software maintenance does not include any customization or configuration.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • Furniture maintenance product means a wax, polish, conditioner, or any other product designed for the purpose of polishing, protecting or enhancing finished wood surfaces other than floors. “Furniture Maintenance Product” does not include dusting aids, products designed solely for the purpose of cleaning, and products designed to leave a permanent finish such as stains, sanding sealers and lacquers.

  • Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Maintenance Adder means an adder that may be included to account for variable operation and maintenance expenses in a Market Seller’s Fuel Cost Policy. The Maintenance Adder is calculated in accordance with the applicable provisions of PJM Manual 15, and may only include expenses incurred as a result of electric production. Manual Load Dump Action:

  • Major maintenance means the adjustment, repair or replacement of a component or module that could affect the accuracy of a measurement.

  • Deferred Maintenance means improvements necessary for continued operations which do not improve productivity or alter the process technology.

  • Retail Service and Maintenance Sector Means the service and maintenance of retail facilities which includes financial institutions, retail businesses, schools and hospitals but does not include commercial premises as defined.

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • Reservation Fee means the fee set forth in the applicable Program Guide, relating to the aggregate principal amount of the particular Mortgage Loans which the Participant has committed to originate and sell to the Servicer (which is not applicable to MCC stand-alone product) pursuant to a Reservation Request, payable contemporaneously with the submission of the corresponding application package, all in accordance with the procedures set forth in the applicable Program Guide.

  • Routine maintenance means activities to keep an impervious surface as near as possible to its constructed condition. This includes ordinary maintenance activities, resurfacing paved areas, and exterior building changes or improvements which do not materially increase or concentrate stormwater runoff, or cause additional nonpoint source pollution.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Developer Fee means the fee earned by the Developer.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Maintenance Schedule means a document which describes the specific scheduled maintenance tasks and their frequency of completion necessary for the safe operation of those aircraft to which it applies;