Guaranteed Minimums. The guaranteed minimum Royalties payable by Licensee under Paragraph 3.2.
Guaranteed Minimums. All permanent Bus Drivers shall be guaranteed a minimum of four (4) hours for their regularly assigned work day. If a route is cut in hours after the bid has been implemented, the driver will be guaranteed the same number of work hours for the rest of the school year and is required to work those hours.
Guaranteed Minimums. B-5.1 If net xxxxxxxx to the Locum Physician are less that the mutually agreed upon minimum wage (either daily or hourly), the Locum Physician will be paid the guaranteed minimums. The set minimum is: Per 7-8 hour day $ , or Per hour $ N/A B-5.3 If there are changes in hours/days to the agreed upon work schedule, then the minimum will be pro-rated accordingly. Any changes in the work schedule have to be agreed to by both parties in advance. If the Locum Physician changes the schedule without prior agreement, then the minimum agreement will be nulled for the days that were changed. If the Hiring Physician changes the schedule without prior agreement, then the minimum agreement still stands as is. B-5.4 For the guaranteed minimum to apply, the Locum Physician agrees to see the requisite number of patients per day/hour (as set out in Appendix A – Section 4.0). The Locum Physician cannot set an arbitrary limit of patients per hour. If the Hiring Physician / clinic fails to book enough patients, the guaranteed minimum will still apply.
Guaranteed Minimums. Distributor acknowledges and agrees that the Minimum Payment specified in Section 5.01(a) and Royalty due on the Minimum Gross Receipts specified in Section 5.02 of this Agreement are (together the "Minimum Payment"), and shall be deemed, guaranteed minimum revenue payments to MPL, and such amounts shall be paid to MPL, in accordance with Section 7.01(b)(ii) below, regardless of Distributor's actions, attempted actions or omissions in marketing, promoting, advertising, selling or distributing the Licensed Products. With respect to any payment due during the Term, in the event that the total amount invoiced by MPL under this Agreement is less than the Minimum Payment with respect to such Annual Period, Distributor shall pay to MPL a sum equal to the difference. Payment of such amount will be made on or prior to the thirtieth (30th) day of the first (1st) month in the Annual Period immediately following the Annual Period in which such deficit accrued. If, as a result of an assignment pursuant to Section 13.01, a withholding tax is required by the revenue authorities in any country by either Party, the withholding Party shall withhold taxes on amounts paid hereunder to the other Party. The withholding Party will deduct such taxes from such payment and will remit the withholding tax to the proper taxing authority on behalf of the other Party. In the event such taxing authority routinely provides a tax receipt upon payment, the withholding Party will procure tax receipts for any such withholding evidencing payment of such taxes, which will be forwarded to the other Party. The withholding Party agrees to assist the other Party, at the other party's expense, in claiming exemption from such deductions or withholdings under any applicable double taxation or similar agreement or treaty. In the event that withholding is due by a U.S. Party on payments to a foreign Affiliate of the other Party and a reduced rate of withholding is available under the U.S. Tax Treaty, the foreign Affiliate of the other Party shall provide the U.S. withholding Party a signed and completed U.S. Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding, to secure the reduced treaty rate of withholding.
Guaranteed Minimums. The minimum that the Government agrees to order during the period of this contract is $10,000.00 for the base year only.
Guaranteed Minimums. QMS agrees that they will be invoiced for a minimum of 150 CE incidents per month - QMS agrees that they will be invoiced for a minimum of 1000 Call Center incidents per month - Incidents or calls in excess of these minimums will be invoiced at the rates above - IBM will respond to the first 300 WEB and E-mail communications each month at no charge, fees for services in excess of 300 calls each month will be negotiated in good faith by both parties. - Initial call center staffing will be based on an anticipated volume of 7,000 calls per month, with an abandon rate of less than five (5) percent, these 7,000 calls to have an average answer time of less than one-hundred and twenty (120) seconds. The minimum charge for call center activity is $1.3M per year.
Guaranteed Minimums. In order to maintain the license in the Licensed Territory, Licensor’s annual Actual Revenues from the sales of Buildings shall be ten million US dollars (US$10,000,000.00) annually (“Guaranteed Minimum”). The Guaranteed Minimum Royalty shall not begin until the delivery of the first units under the First Executed Contract of this Agreement.
Guaranteed Minimums
