Common use of Discount Clause in Contracts

Discount. The discount for each billing cycle equals 5% of Vision usage fees billed for such cycle. Qualification: Average combined monthly usage fees paid by Customer for Basic FAN Mail Services and Vision Services equal or exceed $166,666.67 ($2,000,000.00 annually).

Appears in 2 contracts

Sources: Agency Agreement (Old Mutual Funds III), Agency Agreement (Old Mutual Funds II)

Discount. The discount for each billing cycle equals 52 1⁄2 % of Vision usage fees billed for such cycle. Qualification: Average combined monthly usage fees paid by Customer the Fund for Basic FAN Mail Services and Vision Services equal or exceed $166,666.67 25,000.00 ($2,000,000.00 300,000.00 annually).

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (PIMCO Equity Series VIT)

Discount. The discount for each billing cycle equals 52 1⁄2% of Vision usage fees billed for such cycle. Qualification: Average combined monthly usage fees paid by Customer the Fund for Basic FAN Mail Services and Vision Services equal or exceed $166,666.67 25,000.00 ($2,000,000.00 300,000.00 annually).

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (Pimco Variable Insurance Trust)

Discount. The discount for each billing cycle equals 52 1/2% of Vision usage fees billed for such cycle. Qualification: Average combined monthly usage fees paid by Customer the Fund for Basic FAN Mail Services and Vision Services equal or exceed $166,666.67 25,000.00 ($2,000,000.00 300,000.00 annually).

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (Allianz Funds Multi-Strategy Trust)

Discount. The discount for each billing cycle equals 52 1/2% of Vision usage fees billed for such cycle. PLATINUM LEVEL -------------- Qualification: Average combined monthly usage fees paid by Customer for Basic FAN Mail Services and Vision Services equal or exceed $166,666.67 25,000.00 ($2,000,000.00 300,000 annually).

Appears in 1 contract

Sources: Master Agreement (Japan Fund Inc)

Discount. The discount for each billing cycle equals 52 1/2% of Vision usage fees billed for such cycle. Qualification: Average combined monthly usage fees paid by Customer the Trust for Basic FAN Mail Services and Vision Services equal or exceed $166,666.67 25,000.00 ($2,000,000.00 300,000.00 annually).

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (PIMCO Equity Series)