Annual Fixed Fee Sample Clauses
The Annual Fixed Fee clause establishes a set, non-variable payment amount that is due each year for the duration of an agreement. This fee typically covers specified services or deliverables, regardless of the actual usage or volume, and is invoiced on a regular annual basis. By defining a predictable yearly cost, this clause provides financial certainty for both parties and simplifies budgeting, while also reducing the administrative burden of tracking fluctuating charges.
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Annual Fixed Fee. A. Annual Fixed Fee Amount:
Annual Fixed Fee. 7.1.1 LICENSEE shall pay PG&E, with respect to each Site, throughout the applicable Site License Term, a fee ("License Fee") equal to the greater of (i) a fixed fee (the "Annual Fixed Fee") for such Site calculated in accordance with Exhibit D attached hereto or (ii)
Annual Fixed Fee. NGC shall pay NGS the annual fixed fee stated on Exhibit 6 applicable for each Facility owned by NGC for each calendar year for the services NGS provides under Section 3 of this Agreement. The fixed fee for a calendar year shall be paid by NGC in twelve (12) equal annual monthly installments on the first business day of each month for that month, or in amounts predetermined and agreed upon by the Parties based on scheduled maintenance activity. Except as otherwise specifically stated in this agreement, the fixed fee will cover all Services rendered by NGS under this Agreement. No later than eighteen (18) months prior to the end of the Initial Period, the Parties will negotiate in good faith the annual fixed fee(s) for any extension of the Initial Period. Either Party may terminate this Agreement if the Parties fail to come to Agreement to such fixed fee(s) within one (1) year of the end of the Term.
Annual Fixed Fee. 10 3.9 [Intentionally Omitted]....................................
Annual Fixed Fee. Tenant shall make ten (10) payments to Landlord ---------------- of the Annual Fixed Fee (as hereinafter defined). Commencing on August 10, 1993, and continuing on August 10 of each year thereafter during the Lease Term through and including August 10, 2002, Tenant shall pay to Landlord an annual fixed fee (the "Annual Fixed Fee") for each Lease Year in the amount of Two Hundred Thousand ($200,000) Dollars in addition to the Annual Base Rent and Percentage Rent set forth herein. Receipt of the first payment of Two Hundred Thousand Dollars is hereby acknowledged. Said Annual Fixed Fee shall not be subject to the adjustment set forth in paragraph 3.2. Further, the Annual Fixed Fee is not subject to the conversion to equity provided in paragraph 3.
Annual Fixed Fee. Annual Fixed Fee for actual area given 10,000 sq.m land is Rs. 1,00,00,000/- (Rupees One Crore) only. The Concessionaire has to pay the annual fixed fee as calculated on the basis of actual area given and applied escalation @ 4% per annum from the date of signing of Agreement of the Ropeway system till expiry of the concession period. The moratorium granted for first three years (The fixed fees on this account will be collected from the bidder after 3 years of handing over the land irrespective of the commissioning of the Project).
Annual Fixed Fee. NGC shall pay NGS the annual fixed fee stated on Exhibit 6 applicable for each Facility owned by NGC for each calendar year for the Services NGS provides under Section 3 of this Agreement. The fixed fee for a calendar year shall be paid by NGC in twelve (12) equal annual monthly installments on the first Business Day of each month for that month, or in amounts predetermined and agreed upon by the Parties based on scheduled maintenance activity. The Annual Fee shall be readjusted based upon the formula described in Exhibit 6 upon (i) the sale of a Facility by NGC, (ii) upon the suspension of any portion or all of the Services at any Facility, or (iii) the termination of Services at a particular Facility due to the closure by NGC of such Facility. Except as otherwise specifically stated in this agreement, the fixed fee will cover all Services rendered by NGS under this Agreement. No later than eighteen (18) months prior to the end of the Term, the Parties will negotiate in good faith the annual fixed fee(s) for any extension of the Term.