Examples of Transaction Fees in a sentence
The State of Florida, through the Department of Management Services, has instituted MyFloridaMarketPlace, a statewide eProcurement system pursuant to section 287.057(22), F.S. All payments issued by Customers to registered Vendors for purchases of commodities or contractual services will be assessed Transaction Fees as prescribed by rule 60A-1.031, F.A.C., or as may otherwise be established by law.
Vendors must pay the Transaction Fees and agree to automatic deduction of the Transaction Fees when automatic deduction becomes available.
Failure to comply with the payment of the Transaction Fees or reporting of transactions will constitute grounds for declaring the Vendor in default and subject the Vendor to exclusion from business with the State of Florida.
Included in the Transaction Fees, Nuggets may Upgrade the Nuggets Technology to which Customer and its End Users have access so that such Nuggets Technology is the latest version available.
If, during any calendar month, there is a Service Level Default, based on fail- ure to meet Resolution Time Minimum Service Levels in any Service Category numbered 1 or 2 as per the table in section 5 below, then, in addition to any other rights Customer maintains under the Agreement, Customer shall be entitled to a credit equivalent to five percent (5%) of the Transaction Fees payable in relation to the relevant calendar month which shall be applied as a credit in a sub- sequent invoice against Fees.