Monthly Base Fee definition

Monthly Base Fee has the meaning assigned to such term in Section 9.01(a) of the Servicing Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Monthly Base Fee means the annual Base Fee paid to the Executive, divided by 12;

Monthly Base Fee means the monthly fees payable by Client to Company as set forth in an applicable Executed Order.

Examples of Monthly Base Fee in a sentence

Customer shall pay the Monthly Base Fee in advance on the first day of the calendar month in which the Services are to be performed.
For the avoidance of doubt, the Fee Letter (including any amendments or supplements) thereto shall remain in full force and effect on and after the Effective Date and the Parties agree, for the avoidance of doubt, that this extension shall not be a “refinancing” and the Monthly Base Fee shall continue to apply.
An amount equal to * Dollars * would be deducted from the Annual Base Fee in each year of the Term, and the Monthly Base Fee would be reduced accordingly.
OneNeck will perform third-party software upgrades to appropriate Client servers a maximum of once per year, as part of the Monthly Base Fee.
MTVA acknowledges and agrees that, notwithstanding any Revocation which was beyond the reasonable control of MTVA to prevent, MTVA shall be obligated to continue to pay the Monthly Base Fee to 4MCA; provided however, 4MCA shall use reasonable efforts to mitigate MTVA's payment obligations hereunder in the event of a Revocation which was beyond the reasonable control of MTVA to prevent, which efforts may result in a reduction of MTVA's payment obligations hereunder.
The Monthly Base Fee shall be abated on a per diem basis for the portions of the Office that are unusable.
The Monthly Base Fee shall be decreased accordingly, effective as of the Actual Commencement Date (i.e. all amounts that have been paid in excess of such decreased amount prior to the effectiveness of the foregoing calculation (the "Capital Credit") shall be deducted from the next adjusted Monthly Base Fee to be paid hereunder and any subsequent adjusted Monthly Base Fees as required to reduce the Capital Credit to zero).
In the event of a Permissible Termination, Merchant shall pay a pro-rated Monthly Transaction Fee based on the number of days Pandesic provided Services prior to the date of termination of this Agreement by Merchant under this Section 13.3, if the level of Fees for such month would fall within the Monthly Base Fee.
Each monthly installment fee shall be referred to as the "Monthly Base Fee".
The Monthly Base Fee shall be decreased accordingly, effective as of the Actual Commencement Date (i.e. all amounts that have been paid in excess of such decreased amount prior to the effectiveness of the foregoing calculation (the "Build Out Credit") shall be deducted from the next adjusted Monthly Base Fee to be paid hereunder and any subsequent adjusted Monthly Base Fees as required to reduce the Build Out Credit to zero).

More Definitions of Monthly Base Fee

Monthly Base Fee means the minimum monthly fees payable by Customer to Metavante as specifically set forth in the Services and Charges Schedule.

Monthly Base Fee means the minimum monthly fees payable by Customer to M&I for those Initial Services identified in the ADP Services Schedule or the Fee Schedule as being included in the Monthly Base Fee.

Monthly Base Fee has the meaning ascribed to it in section "5.1" hereinbelow;

Monthly Base Fee means the monthly fees payable by Client to OneNeck for those Services identified in Exhibits A-1 and A-2, or as set forth in Exhibit E.

Monthly Base Fee. The Medical Director Shall be compensated in the sum of $35,370.42 per month and a total of $424,445.00, per year, commencing on July 1, 2020. The Medical Director shall be on the University's payroll and paid by the University with funds provided to the University by EMSA on the same cycle as other full- time faculty of the University. The MCB shall annually review and evaluate the performance of the Medical Director and set the Monthly Base Fee and this fee shall not be less than $35,370.42 per month. The parties acknowledge and agree that this Monthly Base Fee that is paid to the University for the Medical Director's services shall be an all- inclusive amount that covers the Medical Director's salary, travel allowance, membership dues, vacation pay and sick leave, and all other benefits (other than appropriate Directors and Officers insurance coverage which will be paid for by EMSA).