Monthly Minimum Fee definition

Monthly Minimum Fee shall have the meaning set forth in this Agreement.
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Monthly Minimum Fee. The minimum monthly fee will be $959, excluding and out-of-pocket expenses.
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Monthly Minimum Fee means the minimum fee payable by the Advertiser per Program per month as specified in the Interface;
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Examples of Monthly Minimum Fee in a sentence

  • Notwithstanding anything to the contrary in any other part of the Master Agreement or an XaaS Agreement, You must pay: (i) the Monthly Minimum Fee, irrespective of Your actual usage of the XaaS Services; and (ii) the Termination Payment, if any is set forth in the XaaS Agreement, where You have exercised Your right to terminate the XaaS Agreement for convenience, or Hitachi has exercised its right to terminate EverFlex the XaaS Agreement for cause under these Terms.

  • In the event the Factoring Fees paid during any month is less than the Monthly Minimum Fee, then Seller shall pay to Buyer the amount of any deficiency (the Supplemental Fee), which shall be in addition to any other fees payable under this Agreement.

  • Buyer would not have entered into this Agreement and agreed to provide Seller with the factoring arrangements hereunder unless Seller guaranteed Buyer that the Factoring Fees paid to Buyer in each month would equal or exceed the Monthly Minimum Fee.

  • The Initial Payment is non-refundable, and the Monthly Minimum Fee component thereof shall be applied only towards the first month of Service Fees owed by Client under this Agreement.

  • WFB will begin assessing the Monthly Minimum Fee identified in Schedule 7.1 ninety (90) days after the Effective Date of the Agreement if Company has not remediated all high risk issues and other implementation conditions listed in the Findings Letter.

  • Concurrent with the execution of this Agreement, Client shall make an up-front payment to Trust Company of an amount equal to the Onboarding Fee plus one Monthly Minimum Fee.

  • The greater of the annual minimum or the per account charges: Annual Minimum: $15,000 per class or Per Account Charges: $14.00 annual fee per account, plus $2.00 per closed account Monthly Calculation: The greater of the Monthly Minimum Fee or the number of shareholder accounts multiplied by $14.00 and $2.00 for open and closed accounts, respectively.

  • The Monthly Minimum Fee will be reduced by the amount of Brokerage Channel Asset-Based Fees invoiced by Fidelity during the same period.

  • Monthly Minimum Fee: $6,250 per month, relates to Active Account Fees and Inactive Account Fees only.

  • In the event the aggregate Finance and Factoring Fees paid during any month is less than the Monthly Minimum Fee, then Seller shall pay to Buyer the amount of any deficiency (the "Supplemental Fee").


More Definitions of Monthly Minimum Fee

Monthly Minimum Fee. The collected interest payments on the Loan in any month will be a minimum amount of Eight Thousand and no/100 Dollars ($8,000.00) per month until this Agreement is terminated and Crestmark is repaid the Obligations in full.
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Monthly Minimum Fee shall have the meaning set forth in Section 2.5. "Obligations" shall mean any and all loans, advances, fees, charges, indebtedness and obligations of every kind owing by Borrower to Lender, and/or Lender's affiliates, or incurred by Xxxxxx on behalf of Borrower, however evidenced, whether arising under this Agreement, the Security Agreement, any other Loan Documents or otherwise, and whether now existing or hereafter arising, including all Advances, inventory loans, Accommodations, Finance Fees, interest, Administrative Fees, Early Termination Fees, Facility Fees, attorneys' fees and expenses.
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Monthly Minimum Fee means the (i) sum of One Hundred and Twenty Five Thousand and No/100 Dollars ($125,000.00) for October, 1998, November, 1998 and December,1998, and
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Monthly Minimum Fee shall have the meaning set forth in Section 2.5.
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Monthly Minimum Fee means one half percent (.5%) of the Maximum Advances for each month of the Contract Term.
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Monthly Minimum Fee refers to the fees as agreed by Parties in the Order Form.
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Related to Monthly Minimum Fee

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Monthly Minimum Removal Efficiency means the minimum reduction in the pollutant parameter specified when the effluent average monthly concentration for that parameter is compared to the influent average monthly concentration.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

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

  • Base Fee means the amount of compensation mutually agreed upon for the completion of Basic Services.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

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

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Monthly Date means the last Business Day of each calendar month.

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • 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”.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

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

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

  • Hire Fee the hire fee specified in Item 13.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Processing Fee means in relation to a Transaction Summary delivered:

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

  • Usage Fee means the subscription fees to be paid by the Agency for ongoing access to Services.

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.