Variable Fees has the meaning given it in Section IV.C.2 of the Services Agreement. EXHIBIT II.B.2(a) LAB EDI SERVICE AGREEMENT AMENDMENT PROVISIONS
Variable Fees means the product of the Estimated Fees (as hereinafter defined) multiplied by .75. "Estimated Fees" shall mean the sum of all usage, encounter, inquiry, training, service and other variable fees, based on usage of the registry and related services by participants, to be paid to the Company during the term of the On-line Outcomes Registry Agreement. The Company shall estimate the Estimated Fees in good faith as of the date the On-line Outcomes Registry Agreement is executed and delivered. The Company represents, warrants and covenants that it will have a reasonable basis for its estimate of Estimated Fees and that such estimate will be prepared on a basis consistent with the internal projections of the Company. The estimate of Estimated Fees will be prepared using the pricing terms as set forth in the On-line Outcomes Registry Agreement, including, without limitation, estimates of any volume discounts, based on the usage estimates made in accordance with the following sentence. The Company shall prepare in good faith an estimate of the usage of the registry and related services by participants over the term of the On-line Outcomes Registry Agreement. By way of example only, an estimate of the Estimated Fees for a stent registry would include (i) an estimate of the number of cardiac catheter laboratories ("cath labs") to be covered by the agreement, (ii) an estimate of the size distribution of such cath labs, (iii) an estimate of usage of the registry and related services by each cath lab based on its size, and (iv) an estimate of any volume discounts based on the foregoing. The foregoing procedure shall be applied in a manner similar to the illustration attached hereto as Exhibit B, subject to the specific terms and conditions of the applicable On-Line Outcomes Registry Agreement; provided, that in Exhibit B the calculation of Contract Value illustrated therein shall not include the Net Present Value discount shown, but, rather, shall include the multiplication of any Estimated Fees by the factor of .75. ________________________________________________________________________________ SUMMIT MEDICAL SYSTEMS, INC. ---------------------------- NOTICE OF EXERCISE OF STOCK OPTION ---------------------------------- To: Board of Directors SUMMIT MEDICAL SYSTEMS, INC. I hereby exercise my Option dated __________ to purchase _____ shares of $.01 par value common stock of the Company at the option exercise price of $__________ per share. Enclosed is a certified or c...
Variable Fees means the fees calculated based on Unit of Count or such other basis of calculation as specified by the Bursa.
Examples of Variable Fees in a sentence
In that regard the Variable Fees Summary shall, save in respect of manifest error, be final and binding on the Customer (and the Cyferd Partner in question where applicable).
This will be as provided for in the applicable Order Form(s), the Supplemental terms, (if any) the Additional Subscription Fee Pricing Terms, the Variable Fees Pricing terms, (if any) the Variable Fees Conditions, the Agreement and/or any other document comprising the Agreement from time to time (and then to the extent provided) whether in respect of the Initial Term and/or any Further Term.
More Definitions of Variable Fees
Variable Fees shall have the meaning set forth in EXHIBIT 4.
Variable Fees means the fees described in Section 3.4(a) of this Exhibit. -------------------------------------------------------------------------------- 3.0 FEES
Variable Fees means the Additional Resource Charges and the Reduced Resource Credits, collectively.
Variable Fees has the meaning given in Section 11.2; and
Variable Fees means the fees described in Section 4.3.
Variable Fees means the aggregate variable fees payable by the Customer as stated/ provided for in the applicable Order Form, the Variable Fees Pricing Terms and (if any) the Variable Fees Conditions – such fees to be based on the Customer’s Utilisation (Utilisation Based Variable Fees), certain deliverables being met/ milestones being achieved (being Deliverables Based Variable Fees) and/or on both Utilisation Based Variable Fees and Deliverables Based Variable Fees (being Utilisation and Deliverables Based Variable Fees) (as the case may be) - for each year of the Initial Term (or the Initial Term where it is a year) and/or any Further Term (as the case may be) “Variable Fees Conditions” the written terms (agreed by the Customer and Cyferd and (where Ordered through a Cyferd Partner) that Cyferd Partner and in a form to Cyferd’s satisfaction that contain conditions in connection with the Variable Fees in question, such written terms to form part of the Supplemental Terms and to be annexed to and supplemental to the applicable Order Form (being an Approved Order Form). If and where such Variable Fees Conditions are amended or updated by virtue of any Renewal Fees and Payment Terms then they shall be construed accordingly “Variable Fees Pricing Terms” the written terms (agreed by the Customer and Cyferd and (where Ordered through a Cyferd Partner) that Cyferd Partner and in a form to Cyferd’s satisfaction that contain pricing and/or payment terms in connection with the Variable Fees in question, such written terms to form part of the Supplemental Terms and to be annexed to and supplemental to the applicable Order Form (being an Approved Order Form). If and where such Variable Fees Pricing Terms are amended or updated by virtue of any Renewal Fees and Payment Terms then they shall be construed accordingly “Variable Fees Summary” (if and to the extent required by the Variable Fees Pricing Terms and/or (if any) the Variable Fees Condition) a written summary relating to/ in connection with the Variable Fees containing the required information to be prepared by Cyferd periodically as required