Minimum Monthly Charge. The Minimum Monthly Charge shall equal the product of the demand charge and the Contract Demand (as defined herein). Such Minimum Monthly Charge shall be in addition to any NYISO Charges or Taxes (each as defined herein) incurred by the Authority with respect to the Customer’s Allocation.
Minimum Monthly Charge. Subject to Provision A of this Agreement, the minimum monthly charge shall be the sum of items 3a, 3b, 3c and 3d below.
Minimum Monthly Charge. 3.3.10.1 For any full calendar month in which the sum of (i) interest and (ii) the Administrative Fee earned by Lender is less than the Minimum Monthly Charge, Lender will debit the difference to the Obligations as of the first day of the following calendar month, until the date on which all Obligations have been repaid (whether or not this Agreement has theretofore been terminated).
Minimum Monthly Charge. 3.2.8.1 For any full month in which the sum of (i) interest, and (ii) the Collateral Management Fee earned by Lender, is less than the Minimum Monthly Charge, Lender shall debit the difference to the Obligations as of the first day of the following month, until the date on which all Obligations have been fully repaid (whether or not this Agreement has heretofore been terminated).
Minimum Monthly Charge. For any month in which the Administrative Fee paid by Borrower to Lender hereunder is less than the Minimum Monthly Charge, the difference shall be added to Obligations as of the first day of the following month, until the date on which all Obligations have been fully repaid (whether or not this Agreement has heretofore been terminated).
Minimum Monthly Charge. A. The Minimum Monthly Charge for Xxxxxx Equipment other than Additional Oxygen Equipment will be adjusted annually, starting six months after the first day of the Supply Period, in accordance with the following formula: CMPC = BMPC X ([***]% [***]% X (XXXXx [***]CAPI0)) Where: CMPC = the adjusted Minimum Monthly Charge for Xxxxxx Equipment other than Additional Oxygen Equipment BMPC = the base Minimum Monthly Charge for Xxxxxx Equipment other than Additional Oxygen Equipment set forth in Exhibit A(V)(A) CAPIo = [***] XXXXx = [***]
Minimum Monthly Charge. Notwithstanding the principal amount of the debit balance of the Loan Account Ledger, and in addition to fees or charges for items other than interest described herein, Debtor agrees to pay Lender, as of the first day of the next succeeding month, at least $ 4,000.00 per calendar month for every calendar month during the scheduled term of this Agreement including any renewal terms, as stated in Section 9. TERMINATION hereof (but discounted in the event of an earlier termination of this Agreement as requested by Debtor), which monthly amount shall be reduced by any interest paid to Lender for such month only, and not reduced by the cumulative interest paid to Lender during the term of this Agreement (hereinafter "MINIMUM MONTHLY CHARGE"). * Lender may debit as principal any unpaid portion of such charge to Debtor's Loan Account Ledger. Such Minimum Monthly Charge shall constitute, among other things, partial compensation for Lender's benefit of its bargain, including, without limitation, loss of future interest income to Lender if this Agreement were to be terminated by Debtor before the end of that term set forth in Section 9. TERMINATION below, and partial remuneration of Lender's fixed costs associated with Lender's business (which costs may be amortized during the full term of this Agreement), Unless otherwise specifically expressed in writing, only one Minimum Monthly Charge applies to all Obligations and agreements between Debtor. Debtor's affiliated companies (where applicable) and Lender *EXCEPT THAT NO MINIMUM MONTHLY CHARGE SHALL BE PAYABLE BY DEBTOR DURING THE FIRST SIX (6) MONTHS OF THIS AGREEMENT.
Minimum Monthly Charge. The minimum monthly charge shall not be less than the sum of (a) and (b) below:
Minimum Monthly Charge. Lenovo (Singapore) may reduce services subject to a minimum floor equal to fifty percent (50%) of the aggregate annual service charges (ASC) stated above. Invoicing and Payment. IBM will invoice Lenovo (Singapore) on a monthly basis, no later than the tenth (10th) day of each month, for charges due for such month. Payment will be due within thirty (30) days after receipt of the invoice. The amounts of the above charges are negotiated on an arms’ length basis and the basis for determining the amounts is in line with, and no less favourable to, the Group than that adopted by any independent third party. Annual Cap The Company expects that the aggregate amount of fees payable to IBM under each of the three years of the Master Services Agreement, including any additional resource charges or hourly services, will be as follows (the “Fee Cap”): Table 3 2006 2007 2008 US$21,550,000 (approximately HK$168,090,000) US$9,150,000 (approximately HK$71,370,000) US$8,550,000 (approximately HK$66,690,000) Note: The Fee Cap does not include the Termination Charges payable upon the various termination events under the Master Services Agreement as set out in Table 2. The Fee Cap is calculated and determined after taking into account the following:
Minimum Monthly Charge. Notwithstanding the other provisions herein, the minimum monthly fee for the Services shall be $62,500.00 exclusive of amounts payable under Sections 3, 4 and 5 of this Schedule 4 and any fees due to Vendor under the Agreement.
