Monthly Recurring Fee definition

Monthly Recurring Fee means 1/12th of the Charges paid by the Client during the Initial Period or relevant Renewal Period or, if the Client has not paid any Charges during the Initial Period or relevant Renewal Period, 1/12th of the Charges which have been agreed to be paid by the Client during the Initial Period or relevant Renewal Period.
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Monthly Recurring Fee means 1/12 of the Current Year’s Subscription Fees paid by the Customer, but if the Customer has not paid any Subscription Fees during that Year, then the ‘Monthly Recurring Fee’ means 1/12 of the Current Year’s Subscription Fees which have been agreed to be paid by the Customer during that Year.
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Monthly Recurring Fee is the average monthly fees or charges paid or payable by the Customer to Fire Dog in consideration of Fire Dog making available the Signal; taking the average of such monthly fee or charge for the four (4) month billing period prior to the event giving rise to the Outage Credit.
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Examples of Monthly Recurring Fee in a sentence

  • The Leaseweb Cloud Connect Availability Credit shall be equal to 1% of the Monthly Recurring Fee for Leaseweb Cloud Connect for the respective month for every 1% (or part thereof) that the Leaseweb Cloud Connect Availability falls below the Leaseweb Cloud Connect Availability Target.

  • The Wavelength Service Availability Credit shall be equal to 1% of the Monthly Recurring Fee for Wavelength Service for the respective month for every 0.1% (or portion thereof) that the Service Availability falls below the Wavelength Service Availability Target.

  • The Network Availability Credit shall be equal to 2% of the Monthly Recurring Fee for IP Connectivity for the respective month for every 1% (or part thereof) that the Network Availability falls below the Network Availability Target.

  • Credits will not apply to data transfer charges or to charges for services other than the Monthly Recurring Fee for the Service for which this Commitment was not met.

  • Any Service Availability Credits will not apply to data transfer charges or to charges for services other than the Monthly Recurring Fee for the hosting of the Customer's Data and Application Software for which the Service Availability Commitment was not met.

  • Credits will not apply to data transfer charges or to charges for services other than the Monthly Recurring Fee for the affected Dedicated Equipment for which this Commitment was not met.

  • If Hosted Solutions so determines that the Service Availability does not achieve a cumulative of 99.999% for any calendar month (based upon an average 30-day month), Hosted Solutions, upon Customer’s request, will credit Customer’s account for such month the pro-rated charges amounting to 10% of the Monthly Recurring Fee for that Service.

  • Or, if Hosted Solutions so determines that the Service Availability does not achieve a cumulative of 99.9% for any calendar month (based upon an average 30-day month), Hosted Solutions, upon Customer’s request, will credit Customer’s account for such month the pro-rated charges amounting to 25% of the Monthly Recurring Fee for that service.

  • Or, if Hosted Solutions so determines that the Server Availability does not achieve a cumulative of 99.9% for any calendar month (based upon an average 30-day month), Hosted Solutions, upon Customer’s request, will credit Customer’s account for such month the pro-rated charges amounting to 25% of the Monthly Recurring Fee for that Server.

  • Or, if Hosted Solutions so determines that the Server Availability does not achieve a cumulative of 99% for any calendar month (based upon an average 30-day month), Hosted Solutions, upon Customer’s request, will credit Customers account for such month the pro-rated charges amounting to 50% of the Monthly Recurring Fee for that Server.

Related to Monthly Recurring Fee

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

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • 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.]

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Recurring Revenue With respect to any Recurring Revenue Loan, the meaning of “Recurring Revenue” or any comparable definition in the related Underlying Instruments relating to recurring maintenance or support revenues, subscription revenues, and recurring revenues attributable to software licensed or sold (excluding one-time license revenues) in the Underlying Instruments for such Loan.

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

  • Recurring Revenue Loan means a Collateral Loan that meets each of the following criteria as of the date of acquisition by the Borrower, subject to waiver by the Administrative Agent in accordance with the definition of Eligible Collateral Loan hereto (for the avoidance of doubt, if any Collateral Loan does not meet the below listed conditions, but such failure is waived by the Administrative Agent, such Collateral Loan shall still be subject to the Advance Rates, Concentration Limitations and Revaluation Events applicable to Recurring Revenue Loans set forth herein):

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.

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

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • 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.

  • Dispensing Fee means the amount paid for the professional services provided by the pharmacist for dispensing a prescription. The Dispensing Fee does not include any payment for the drugs being dispensed.

  • Total Servicing Fee means the sum of the Basic Servicing Fee and the Supplemental Servicing Fee.

  • Excess Cash Flow Payment Period means, with respect to the repayment required on each Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

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

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • 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.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

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

  • Hire Fee the hire fee specified in Item 13.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Monthly Remittance Amount The sum of the Group I Monthly Remittance Amount and the Group II Monthly Remittance Amount.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).