Common use of Fee Calculation Clause in Contracts

Fee Calculation. (a) If the Data Center Facility has sub-meter conditions, the Hosting Fee for each Billing Period shall be calculated according to the following formula: (b) If the Data Center Facility does not have sub-meter conditions, the Hosting Fee for each Billing Period shall be calculated according to the following formula: The number of the Hosting Fee shall be rounded up to 3 decimal places.

Appears in 2 contracts

Sources: Service Framework Agreement (Cango Inc.), Sales and Purchase Agreement (Cango Inc.)

Fee Calculation. (a) If the Data Center Facility has sub-meter conditions, the Hosting Fee for each Billing Period shall be calculated according to the following formula:: [Redacted] (b) If the Data Center Facility does not have sub-meter conditions, the Hosting Fee for each Billing Period shall be calculated according to the following formula: [Redacted] The number of the Hosting Fee shall be rounded up to 3 decimal places.

Appears in 1 contract

Sources: Service Framework Agreement (Cango Inc.)