Minimum Guarantee Fee definition

Minimum Guarantee Fee means the guaranteed minimum amount of money due the City from Concessionaire each month (or portion of a month) of the Term as specified in Section 8.3 of this Agreement.
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Minimum Guarantee Fee means a sum of Rs. 2,96,47,101/- (Rupees Two Crore Ninety Six Lakh Forty Seven Thousand One Hundred and One only) per month plus Escalations as per Clause 4.1.6.
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Minimum Guarantee Fee means a sum of Rs. 2,96,47,101/- (Rupees Two Crore Ninety Six Lakh Forty Seven Thousand One Hundred and One only) per month plus Escalations as per Clause 7.1.4.
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Examples of Minimum Guarantee Fee in a sentence

  • During any period where Concessionaire repairs said Facility at its own cost under the terms of the immediately preceding sentence, the full Minimum Guarantee Fee with respect to the Facility shall be payable.

  • During any such period where the Concessionaire repairs said Facility at its own cost under the terms of the immediately preceding sentence, the Minimum Guarantee Fee with respect to the Facility shall be payable.

  • Notwithstanding the foregoing, if the Facility is completely destroyed as a result of any act or omission by Concessionaire, its agents, employees, suppliers, Subcontractors, or contractors, the Director may, in his discretion, require Concessionaire to bear the cost of the repair and reconstruction of the Facility, pay the costs therefor and pay the Minimum Guarantee Fee with respect to the Facility during the reconstruction or repair.

  • During any such period of sufferance, Concessionaire shall continue to pay at the rate of the greater of the Minimum Guarantee Fee of the last year of the Term or the Percentage Fee, in accordance with Section 8.1 hereof, no matter which party, City, through its Director, or Concessionaire, request the holdover.

  • During any such period of sufferance, Concessionaire shall continue to pay at the rate of the greater of the Minimum Guarantee Fee of the last year of the Term or the Percentage Fee, in accordance with Section 7.1., no matter which party, City, through its Director, or Concessionaire, request the holdover.

  • Such audits shall be made to determine the correctness of the computation of Gross Sales or the calculation of the applicable portion of the Minimum Guarantee Fee or Percentage Fee.

  • Notwithstanding anything herein contained, the Licence Fee paid or payable shall not be less than the Minimum Guarantee Fee.

  • Provided that such Escalation for delay in making the Property fully operational will not be applicable after the Property is made fully operational, and the Minimum Guarantee Fee shall be calculated after applying Escalation in accordance with paragraph 4.1.6 (i) above.

  • During any such period of sufferance, Concessionaire shall continue to pay at the rate of the greater of the Percentage Fee or Minimum Guarantee Fee of the last year of the Term, in accordance with Article 7, no matter which party, City, through its Director, or Concessionaire, request the holdover.

  • The Minimum Guarantee Fee for each year of the Term of the Agreement after the first Agreement year shall be 85% of the total amount of Percentage Fee due from Concessionaire to the City during the preceding 12-month period.


More Definitions of Minimum Guarantee Fee

Minimum Guarantee Fee has the meaning attributed to it in clause 2.1.3 of this Agreement.
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Minimum Guarantee Fee has the same meaning ascribed to it in Clause 2.4.
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Minimum Guarantee Fee means a sum of INR 52,00,00,000 (Indian Rupees Fifty Two Crores Only) per annum plus Escalations as per Clause 7.1.4 payable on a quarterly basis, by the Successful Bidder to HBL in accordance with the terms of the IVC Facility User Agreement.
Sample 1

Related to Minimum Guarantee Fee

  • Guarantee Fee shall have the meaning given to that term in Section 4.1.

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Guarantee Period /’Maintenance Period’ shall mean the period during which the Contractor shall remain liable for repair or replacement of any defective part of the works performed under the contract.

  • Subordinated Incentive Fee means the fee payable to the Advisor under certain circumstances if the Shares are Listed, as calculated in Section 8.07.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • Minimum Interest Charge has the meaning given in Section 2.2(b).

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Maximum Annual Debt Service means the largest Annual Debt Service for any Bond Year after the calculation is made through the final maturity date of any Outstanding Bonds.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Guarantor Payment Date means (a) prior to the delivery of a Guarantor Default Notice, the date falling on the 10th day of February, May, August and November of each year or, if such day is not a Business Day, the immediately following Business Day, provided that the fist Guarantor Payment Date will be 10 February 2014; and (b) following the delivery of a Guarantor Default Notice, any day on which any payment is required to be made by the Representative of the Covered Bondholders in accordance with the Post-Enforcement Priority of Payments, the relevant Final Terms and the Intercreditor Agreement.

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries, excluding amortization of debt discounts and deferred financing costs.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).