Monthly Minimum Clause Samples

Monthly Minimum. ISP agrees to meet the Monthly Minimum purchase requirement effective the first full calendar month following the date the ISP entered into the ISP Agreement unless otherwise agreed in writing. If ISPs invoice for services from ▇▇▇▇.▇▇▇ is less than the Monthly Minimum as may be indicated with an Addendum, ISP agrees to pay the Monthly Minimum.

Monthly Minimum. In any month during the first year after the Start Date ---------------- in which the total payment due CTN under Subparagraph (B) of this Paragraph is less than XXX Dollars ($XXX), Eastern shall pay to CTN the difference between the payment due under Subparagraph (B) and XXXXX Dollars ($XXX) (the "Advance") so that CTN shall receive from Eastern a total of no less than XXXX Dollars ($XXXX) per month (the "Monthly Minimum"). After the first year after the Start Date, the Monthly Minimum shall increase according to the following schedule:

Monthly Minimum. CRYOPORT shall pay KLATU its contracted hourly rates pursuant to Exhibit A for engineering services performed under each Statement of Work. KLATU will not increase such published rates during a Project and will not increase hourly rates by more than four percent (4%) per annum during the term of this Agreement. Each week, or in accordance with agreed upon milestones whichever is specified in the applicable Statement of Work, KLATU shall invoice CRYOPORT for engineering services performed under this Agreement. Payment of such invoice is due within ten (10) days after receipt thereof. If the applicable Statement of Work provides for an initial retainer payment paid pursuant to Section 5.2, it shall be credited against the fees to be paid pursuant to each such invoice in an amount equal to twenty-five percent (25%) of such invoice, until the total amount of the retainer has been credited. KLATU will refund to CRYOPORT the balance of any uncredited initial retainer payment upon the completion of the Project. To ensure the availability of KLATU personnel to perform services, CRYOPORT agrees it shall pay KLATU a minimum for services fees of $25,000.00 per month (“Minimum Monthly Fee”). In the event the actual services fees for any month will be less than the minimum Monthly Fee due to an insufficiency of work assigned to by Cryoport to KLATU , the shortfall shall be included in and payable with the final invoice for such month. Any such shortfall in a month if timely paid by CRYOPORT may be carried forward as advance payment for future services performed in excess of the Minimum Monthly Fee in any of the three (3) months following the month of such shortfall; provided if such shortfall occurs after a notice of termination has been given pursuant to Section 7.2, a shortfall occurring after such notice may be carried forward up to ninety (90) days after the termination date of this Agreement.

Monthly Minimum. Client agrees to generate a minimum of fees, i.e. Processing Fees plus Purchaser's Discount to Purchaser in the amount of $1,500.00 per month for a period of six months from the date of this Agreement regardless of any earlier termination of this Agreement (such minimum fees to be referred to herein as the "Monthly Minimum"). Purchaser acknowledges receipt of Client's payment of $1,000 prior to the execution of this Agreement, and agrees to apply such amount against the Monthly Minimum that the Client is required to generate for the first month during the term of this Agreement. Should Purchaser not receive the Monthly Minimum for any month during the term of this Agreement, Client agrees to remit immediately to Purchaser the difference between the Monthly Minimum and the fees actually generated through financing for such month. Remittance of the difference to Purchaser shall be made as follows: by Purchaser's deducting the difference from the Part Payment for any Account, from any sum otherwise to be returned to Client from the Collected Reserve in accordance with the provisions of this Agreement and/or any collateral securing Client's obligations to Purchaser, or by Client's direct payment to Purchaser of such difference.

Monthly Minimum. Where on-site support at a Data Center is available, Customer must subscribe for Remote Hands Support for a minimum of three hours monthly in order to request support. Usage will be calculated in 15-minute increments. Unused time expires monthly and cannot be rolled over into subsequent billing periods. Remote Hands Support is charged as a monthly recurring charge and additional non-recurring charges will be billed to Customer for any support hours exceeding the number of hours subscribed for in the applicable Order.

Monthly Minimum. NUMBER ---------------------- TIME PERIOD STANDARD DONORS NON-STANDARD DONORS ----------- --------------- ------------------- 1/1/03 through 12/31/03 *** *** 1/1/04 through 12/31/04 *** *** 1/1/05 through 12/31/05 *** *** 1/1/06 through 12/31/06 *** ***

Monthly Minimum. Any provision in this Agreement to the contrary notwithstanding, Company guarantee to Bank: (i) from the date hereof until and including May 31, 2008, that Bank will suffer no losses in connection with the operation of the OLB Secondary Marketing Division Employees; and (ii) that commencing June 1, 2008, , and continuing each month thereafter during the term of this Agreement, the sum of the Override Fee and the Graduated Funding Fee payable to Bank as part of the calculation of the Net Divisional Profitability shall be at least $10,000 per month (“Monthly Minimum”). In the event that (a) the Monthly Minimum is not met, or (b) Bank suffers any losses in connection with the operation of the OLB Secondary Marketing Division Employees prior to the effectiveness of the Monthly Minimum, Company shall promptly pay to Bank such shortfall. In addition to paying such shortfall, Company agrees to provide additional capital to the OLB Secondary Marketing Division Employees from time to time on an as-needed basis and when reasonably requested by Bank. No payments due Company hereunder shall be made by Bank until each Monthly Minimum has been received by Bank. Company absolutely and unconditionally guarantees to Bank and its successors and assigns, the full and complete Monthly Minimum as and when the same becomes due and payable. The obligations of Company under this Section shall be an absolute, unconditional, present and continuing guaranty of payment and not collectibility. This guaranty shall be binding upon the Company and its successors and assigns. No waiver, amendment, release or modification of this Section shall be established by conduct, custom or course of dealing, but solely by an instrument in writing duly executed by Bank and Company.

Monthly Minimum. If the Application or another Supplemental Agreement makes Merchant subject to a Monthly Minimum, then, if during any calendar month of the Term, the aggregate amount or number (as applicable) of all Electronic Payments processed via the CurbPay Services (the “Transaction Volume”) is less than the product of the applicable Minimum Transaction Volume (the “Monthly Minimum”), then Merchant shall pay Curb an amount equal to the product of (i) the difference between the Monthly Minimum and the Transaction Volume multiplied by

Monthly Minimum. With respect to the first three calendar months after the Initial Quarter, Client will pay to Equifax Secure a Monthly Minimum in the amount of Five Thousand Dollars ($5,000) per calendar month. With respect to the following six calendar months of the Initial Quarter, Client will pay to Equifax Secure a Monthly Minimum in the amount of Ten Thousand Dollars ($10,000) per calendar month. With respect to the final three calendar months of the Initial Term, Client will pay to Equifax Secure a Monthly Minimum in the amount of Fifteen Thousand Dollars ($15,000) per calendar month. With respect to each calendar month of any Renewal Term, Client will pay to Equifax Secure a Monthly Minimum in the amount of Ten Thousand Dollars ($10,000) per calendar month. All Transaction Fees paid by Client throughout the Term will be offset on a dollar for dollar basis against the Monthly Minimum; provided, however, that in no event will any Transaction Fees paid in any month in excess of the Monthly Minimum for such month be applied towards the Monthly Minimums payable in previous or forthcoming months. Client agrees and acknowledges that the Monthly Minimums will be due and payable regardless of whether Client generates any Transactions during the Term. Upon (i) any termination of this Agreement, except a termination by Client due to an Equifax Secure material breach that is not cured within forty-five (45) days from Equifax Secure's receipt of notice thereof, or (ii) a material breach of this Agreement by Client that is not cured within forty-five (45) days (fifteen (15) days with regard to Client's payment obligations) from Client's receipt of notice thereof, the obligation to pay all of the Monthly Minimums not yet paid by Client shall accelerate (for the Initial Term), and all such Monthly Minimums shall immediately become due and payable, regardless of whether or not such Monthly Minimums were immediately due and payable had the foregoing items (i) and/or (ii) not occurred. Upon any termination for convenience by Client during any Renewal Term, the obligation to pay the remaining Monthly Minimums after the effect of termination shall cease. Due to the fact that Users may either voluntarily or involuntarily fail to complete the authentication process and may subsequently use an alternative process, the following Transaction Completion Table assigns a Transaction Code to each phase in the Transaction Process. TRANSACTION COMPLETION TABLE TABLE ------------------------------...