Examples of Transit Fees in a sentence
AOL may terminate the provision of International Transit Services at any time upon the delivery of a 30-day notice and the payment of an early termination fee consisting of [*] of the monthly International Transit Fees multiplied by the number of months remaining in the term of the Agreement.
Transit Fees shall be paid by Tenant in the manner described above for the payment of Insurance Costs.
Notwithstanding the foregoing, (a) no Transit Fees shall be due or payable during the first twenty-four (24) months of the Term, and (b) in no event shall Tenant’s share of Transit Fees exceed ten cents ($.10) per square foot of Rentable Area in the Premises per calendar year, not to exceed Thirty-Five Thousand Dollars ($35,000) per calendar year.
A new Section 2.6 is hereby incorporated to the Agreement consisting of the following provisions: 2.6 International Transit Fees.
In no event shall Lessee’s share of Transit Fees exceed ten cents ($0.10) per year per rentable square foot of Improvements located on the Premises, subject to annual adjustment (as of the first day of each Lease Year commencing on the Adjustment Date) to reflect percentage increases or decreases in the Index.
In addition, while in active employment, the Company shall reimburse you for the reasonable costs associated with a cell phone and your travel to and from the office such as TTC or GO Transit Fees.
If AOL receives [*] with the capability to provide telecommunications services in Brazil similar to the International Transit Services to AOL [*] EMBRATEL to AOL for International Transit Services, then, no more often than once a year, upon presentation of such [*], EMBRATEL shall enter into good faith discussions with AOL in order to adjust the International Transit Fees in this Agreement to the market conditions, through price and/or term adjustments.
Section 2.4 of the Agreement is hereby amended by adding the following provisions at the beginning of such section: EMBRATEL will [*] AOL International Transit Fees on a [*] basis [*].
In the event Lessor determines in its reasonable discretion that any Lessee transit program then being provided is not comparable to Lessor’s then-existing program, Lessor shall have the right to require Lessee to pay Transit Fees as provided above.
Lessee’s share of Transit Fees shall be assessed pro rata and on a non- discriminatory basis, based on a reasonable standard applied in a non-discriminatory manner by Lessor (for example, based on the rentable area of the Improvements as compared to the total rentable area of the Stanford Research Park, or based on the average employee headcount in the Premises as compared to the overall employee density of the Stanford Research Park).