Common use of Execution Fees Clause in Contracts

Execution Fees. 19.2.1 ABX shall determine the applicable Execution Fee to charge PTM based upon the aggregate Trade Value of a rolling thirty (30) day period as follows: a. Where the aggregate Trade Value is USD 0 to USD 500,000; PTM’s Execution Fee shall be [ ]%; b. Where the aggregate Trade Value is USD 500,001 to USD 1,000,000; PTM’s Execution Fee shall be [ ]%; c. Where the aggregate Trade Value is USD 1,000,001 to USD 2,000,000; PTM’s Execution Fee shall be [ ]%; d. Where the aggregate Trade Value is USD 2,000,001 to USD 3,000,000; PTM’s Execution Fee shall be [ ]%; or e. Where the aggregate Trade Value is equal to or greater than USD 3,000,001; PTM’s Execution Fee shall be by negotiation.