Base Service Fee. 7.1.1 The Service Recipients hereby agree to pay as provided by this Article 7, during the term of this Agreement, the Base Service Fee, quarterly in arrears. The Base Service Fee will accrue commencing on the date hereof and will be pro-rated based on the number of days during the first Quarter in which this Agreement is in effect.
Appears in 2 contracts
Sources: Master Services Agreement (PMC Commercial Trust /Tx), Master Services Agreement (PMC Commercial Trust /Tx)