Common use of Cumulative Impact Clause in Contracts

Cumulative Impact. University is entitled to invoice Collaborator for its annual fee for CY21 according to the elected level, noting that the cumulative amounts for Sponsor status in Exhibit B are for three years of anticipated annual fees. Consequently, the annual fee for a given Sponsorship level is one-third of the “cumulative” amounts reflected in Exhibit B.

Appears in 2 contracts

Sources: Membership Agreement, Membership Agreement