Minimum Service Charge Clause Samples

A Minimum Service Charge clause establishes the lowest amount a client must pay for services, regardless of the actual quantity or value of services rendered. This clause typically applies to service agreements where the provider wants to ensure a baseline level of compensation, such as requiring a client to pay at least $500 per month even if fewer services are used. Its core practical function is to guarantee the service provider a minimum revenue, protecting them from incurring losses due to underutilization of their services.
Minimum Service Charge. The Client agrees to pay the Minimum Service Charge based upon the minimum operating hours as set forth on Exhibit B multiplied times the Hourly Rate, annually. In the event the Client fails to operate the Airframe/Engine(s) for the minimum operating hours in any Agreement Year, AEPC™ shall invoice the Client, and the Client shall pay, for such deficiency. Notwithstanding the foregoing, in the event this Agreement is terminated for any reason prior to the expiration of the term set forth in Subsection IV (A) hereof, the Client shall be required to pay for that number of mini- mum flight hours allocable through the date of the termination and the Client’s Account Balance shall be forfeited.
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Minimum Service Charge. The Client agrees to pay a Minimum Service Charge based upon the minimum operating hours as set forth on Exhibit B multiplied times the Hourly Rate annually, in advance. Notwithstanding the foregoing, in the event this Agreement is terminated for any reason prior to the expiration of the term set forth in Subsection IV
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Minimum Service Charge. The Transporter may charge the Shipper (in respect of each Month of the Period of Supply) a charge (‘Minimum Service Charge’) in respect of a Backhaul Service or As Available Gas Transportation Service as may be specified in the relevant service Schedule in consideration for providing the Shipper with the ability to request such Services in the relevant Month, even if those Services are not requested or used by the Shipper. This charge may be adjusted in accordance with clause 4.6. If the relevant service Schedule specifies that an Odourisation Charge is to be paid, the Shipper must pay to the Transporter the Odourisation Charge set out in that relevant service Schedule. This charge may be adjusted in accordance with clause 4.6.
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Minimum Service Charge. The term "Minimum Service Charge" shall mean the dollar amount of radio frequency engineering service fees (excluding taxes, reimbursable expenses and similar charges) that Nextel guarantees to pay to LCC each month during the Commitment Period in accordance with Section 4.2.1 hereof.
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Minimum Service Charge. There is a 3-hour on-site minimum for all service providers, except BII/SAIA services have a 6-hour on-site minimum. Schedule Change: If Client does not provide Comp Therapy with at least one business days’ notice of a student absence or change in the school/student schedule, Client will be charged an amount equal to the scheduled service. BII/SAIA Student Service: If a student is absent or the schedule is changed without notifying BII/▇▇▇▇, the Client will be charged a 6-hour service fee. BII/SAIA must be notified of any changes in the student's schedule prior to them being in-route or at the school site. The Client reserves the right to retain the BII/SAIA on site to carry out other duties within their scope of practice during the student's absence.
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Minimum Service Charge. Should the storage and handling service charges in a calendar month not total at least $ , the difference between what was invoiced and ====================================================================================== Accepted and agreed to: Accepted and agreed to: ▇.▇. ▇▇▇▇▇▇, Inc. Name Date Name Date Title Title
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Minimum Service Charge. In any period of 1 month(s) (pound)666.67. (clause 9.4)
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Related to Minimum Service Charge

  • Service Charge The Tenant must pay the Service Charge in accordance with Part 1 of Schedule 3. The Tenant must pay: VAT on any consideration in respect of a VAT Supply to the Tenant by the Landlord at the same time as the consideration is paid; and on demand VAT (and interest, penalties and costs where these are incurred because of anything the Tenant does or fails to do) charged in respect of any VAT Supply to the Landlord in respect of the Premises where that VAT is not recoverable by the Landlord from HM Revenue & Customs. The Tenant must not do anything that would result in the disapplication of the option to tax in respect of the Landlord’s interest in the Estate. The Tenant must pay interest on the Rents and on all other sums not paid on or by the due date (or, if no date is specified, not paid within 10 Business Days after the date of demand). Interest will be payable at the Interest Rate for the period starting on the due date (or date of demand) and ending on the date of payment. The Tenant must pay on demand the Landlord’s costs (including legal and surveyor’s charges and bailiff’s and enforcement agent’s fees) and disbursements in connection with: any breach of the Tenant’s obligations in this Lease, including the preparation and service of a notice under section 146 of the 1925 Act; any application by the Tenant for consent under this Lease, whether that application is withdrawn or consent is granted or lawfully refused, except in cases where the Landlord is required to act reasonably and the Landlord unreasonably refuses to give consent; [and] [carrying out works to the Premises to improve their Environmental Performance where the Tenant, in its absolute discretion, has consented to the Landlord doing so; and]45 the preparation and service of a schedule of dilapidations served no later than six months after the End Date. Third party indemnity46 The Tenant must indemnify the Landlord against all actions, claims, demands made by a third party, all costs, damages, expenses, charges and taxes payable to a third party and the Landlord’s own liabilities, costs and expenses incurred in defending or settling any action, claim or demand in respect of any personal injury or death, damage to any property and any infringement of any right, in each case arising from: the state and condition of the Premises or the Tenant’s use of them; the exercise of the Tenant’s rights; or the carrying out of any Permitted Works. In respect of any claim covered by the indemnity in clause 4.7.1, the Landlord must: give formal notice to the Tenant of the claim as soon as reasonably practicable after receiving notice of it; provide the Tenant with any information and assistance in relation to the claim that the Tenant may reasonably require and the Landlord is lawfully able to provide, subject to the Tenant paying to the Landlord all costs incurred by the Landlord in providing that information and assistance; and mitigate its loss (at the Tenant’s cost) where it is reasonable for the Landlord to do so.

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • No Service Charge None of the Issuer, the Note Registrar or the Indenture Trustee will impose a service charge on a Noteholder for the registration of transfer or exchange of Notes. The Issuer, the Note Registrar or the Indenture Trustee may require the Noteholder to pay an amount to cover taxes or other governmental charges that may be imposed for the registration of transfer or exchange of the Notes.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5. The Minimum Monthly Rent shall be increased as set forth in Section 1.5 and/or elsewhere in this Lease. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, and before the Commencement Date, Tenant shall pay to Landlord the aggregate of the first month’s Minimum Monthly Rent, the first month’s Monthly Impound Payment (see Section 4.4), and the Security Deposit (see Section 5).

  • Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.