Common use of Implementation Fee Clause in Contracts

Implementation Fee. The Client shall pay the Company the agreed upon implementation fee for performing the Implementation Services, as set forth or referred to in Exhibit B (the “Implementation Fee”). If it is determined that the actual Implementation Fee differs from the estimated Implementation Fee, the Company and the Client shall negotiate in good faith any adjustment to the Implementation Fee. Such estimates are subject to revision based upon future findings. In the event that the estimated or actual costs of implementation are revised, the Company and Client may agree on the revised costs or the Client may terminate this Agreement as provided in Section 4.3, subject to the Client’s payment for Implementation Services actually rendered prior to such termination.

Appears in 9 contracts

Samples: Services Agreement, Services Agreement, Services Agreement (World Monitor Trust III - Series J)

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Implementation Fee. The Client shall pay the Company the agreed upon implementation fee for performing the Implementation Services, as set forth or referred to in Exhibit B (the “Implementation Fee”). If it is determined that the actual Implementation Fee differs from the estimated Implementation Fee, the Company and the Client shall negotiate in good faith any adjustment to the Implementation Fee. Such estimates are subject to revision based upon future findings. In the event that the estimated or actual costs of implementation are revised, the Company and Client may agree on the revised costs or the Client may terminate this Agreement as provided in Section 4.3, subject to the Client’s payment for Implementation Services actually rendered prior to such termination.

Appears in 3 contracts

Samples: Services Agreement (World Monitor Trust Ii Series E), Services Agreement (World Monitor Trust Ii Series D), Services Agreement (World Monitor Trust Ii Series F)

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