Pro Rata Fee definition
Pro Rata Fee means (1) for Target Availability measured monthly, one-twelfth of the total annual fee for the Offering (excluding taxes, etc.), and (2) for Target Availability measured quarterly, one-fourth of the total annual fee for the Offering (excluding taxes, etc). The Service Credit will be calculated to the nearest 30-minute interval. The total Service Credits in a month may not exceed 20% of the Monthly Fee.
Pro Rata Fee means the applicable Membership Subscription fee payable from the Start Date till the end date of the Start Date Month. “Membership Subscription” shall mean the monthly membership fee payable by a member.
Examples of Pro Rata Fee in a sentence
Pro Rata Fee: the Fee/s that may be applicable under clause 20 and set out in the Details.
Pro Rata Fee For the provision of services pursuant to this Agreement that fall outside of a complete Direct Debit Payment Period A pro-rata amount of your Membership Fee Payable with your first or last direct debit payment.
This Agreement has been amended and restated as of June 23, 2005 and may be amended further by an agreement in writing signed by the parties hereto.
Pro Rata Fee: the Fee/s that may be applicable under clause 12.3 and set out in the Details.
The Pro Rata Fee shall be paid in full within 5 business days of the date of this Management Agreement, without regard to the amount of services actually performed by Manager during such period.