Fees Payable by Client Clause Samples
The "Fees Payable by Client" clause defines the client's obligation to pay specified fees to the service provider for the services rendered. Typically, this clause outlines the types of fees involved, such as hourly rates, flat fees, or expenses, and may detail payment schedules, invoicing procedures, and acceptable payment methods. Its core practical function is to ensure both parties have a clear understanding of the financial terms, thereby preventing disputes over payment and establishing a framework for timely compensation.
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Fees Payable by Client. Fees payable to the Manager by the Client will consist of the following components:
Fees Payable by Client. (a) Impact agrees to provide the Services and the Connection(s) to Client for the following fees (the "Fees"):
(i) A one-time set up fee of $3,000.00 for the set up of the Client account and provisioning the initial short code.
(ii) A monthly maintenance fee of $2,500.00. This fee covers up to 200,000 messages per month through the platform related to Client Services provided that the message balance is at least 1:3 MO:MT (i.e. Client Services generate at least one MO message for every MT message that is sent by Client). Above 200,000 messages per month, messages (MT and MO) will be charged according to the following schedule based on monthly volumes; Message 200,001 to 1,000,000: $0.007/message Message 1,000,001 to 5,000,000: $0.0032/message Message 5,000,001 and above: $0.002/message
(iii) For Client Services that do not meet the criteria of at least 1:3 MO:MT message, Client will be subject to bulk messaging fees. Such fees will be quoted at such time that Client is considering such Client Services through the Impact Mobile Connections. Impact is committed to negotiating the best rates for bulk messages with the operators once Client has requested such negotiations begin.
(iv) Application development and other engineering support will be provided on a time and materials basis at a rate of $1,500.00 per day based on an eight (8) hour day. Custom design and engineering services will be quoted for each project and will be subject to Client approval.
(v) Additional short codes can be set up for a fee of $3,000.00 per short code.
(vi) Client is responsible for the application for short codes and the associated fees. Impact can also provide assistance, on request, to complete and file the applications on a time and materials basis (fees to assist with the application for the first short code are waived);
(vii) Client agrees to pay any reasonable third party fees (e.g. physical connection fee and associated hardware) for connectivity between Client's facilities and the Impact facilities, if required. If Client deems such third party fees not to be reasonable, they will not be obligated to proceed with the Connection/this Agreement. Impact will not be required to pay such costs.
Fees Payable by Client. Client covenants and agrees to pay to Company, monthly on or before the first (1st) day of each month during the Term, for the use of Premises and the Standard Included Services (as hereinafter defined), without offset or deduction and without demand, the basic service fee (the “Basic Service Fee”) in the amount as set forth on Exhibit “A”, along with any applicable State of Florida sales or use taxes (the “Applicable Taxes”). The Basic Service Fee, the Applicable Taxes and all amounts payable by Client on account of the Additional Services (the “Additional Service Fees”) shall be paid to in the manner provided herein at the address set forth in this Agreement for the provision of notices to Company. Hereinafter, the Basic Service Fee, the Applicable Taxes, the Additional Service Fee, “and Late Charges as discussed below” and any other amounts due from Client to Company hereunder shall collectively be referred to as the “Fees”. In the event Client shall fail to make payments of any amount of Fees to Company within Five (5) days of the due date thereof, Client shall pay to Company a late charge of ten (10%) percent of the amount of the Fees due (the “Late Charges”). In the event Client shall make payment for all or any portion of Fees in a form or manner that is uncollectible by Company (an “Uncollectible Payment”), then in addition to the Late Charges that may be due to Company, any and all bank charges incurred by Company in connection with any Uncollectible Payment and a service charge of Thirty Dollars ($30.00) for each Uncollectible Payment, Company shall have the right to require all future payments due hereunder shall be made in cash, cashier’s check or money order. In addition to the foregoing, any failure to pay Fees, when due, shall be deemed a default under this Agreement and is subject to the remedies provided in Article 19 hereof.