MasterCard Support Sample Clauses

MasterCard Support. In consideration for BAC’s timely performance of its obligations under this Agreement, MasterCard shall provide BAC with the Support outlined below during the Term, subject to the conditions and limitations contained herein. 2.1 Incentive. A. Quarterly Calculation 1. Unless otherwise adjusted as provided herein, the **** for each Year of the Term will be distributed by calendar quarter, as follows (“Quarterly ****”): 1st quarter $**** 2nd quarter $**** 3rd quarter $**** 4th quarter $**** Total **** $**** 2. BAC shall pay all fees at MasterCard Standard Pricing as applicable under the Rules and with the same frequency as required in the MCBS Manual. At the conclusion of each calendar quarter of the Term for each of the first three calendar quarters of every Year after the Effective Date, and within thirty (30) days after BAC has provided the Required Reports for such quarter, MasterCard shall make the appropriate calculation and **** of BAC’s actual payments of the **** for such period pursuant to this Section 2. 3. Unless otherwise adjusted as provided herein, the appropriate **** and the corresponding applicable **** and **** for such quarter shall be determined in Table 2. **** ($****) **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 4. In order to determine the appropriate **** for use in the calculation below, and as part of the quarterly reconciliation process, MasterCard will determine and reconcile based on a **** annual tier level for which BAC will qualify by **** and **** its cumulative quarterly **** by the following ****: 1st Qtr. **** – by ****, Year-to-date to end of 2nd Qtr. – by **** Year-to-date to end of 3rd Qtr. – by **** 5. The **** for a quarter is calculated as: **** See Annex A for examples of this calculation.