MONTHLY MINIMUM AMOUNTS Sample Clauses

MONTHLY MINIMUM AMOUNTS. Notwithstanding anything to the contrary in the foregoing, Reseller's aggregate monthly charge for the Dial-Up Services shall be equal the greater of (i) the aggregate combined charges for the Local Dial-Up Service and the Toll Free Dial-Up Service as determined above, or (ii) the monthly minimum amount ("Monthly Minimum Amount") corresponding to the applicable billing cycle set forth in the following table. Billing Cycle Monthly Minimum Amount 1 $10,300.00 2 $23,175.00 3 $38,625.00 4 $51,500.00 5 $51,500.00 6 $51,500.00 7 $51,500.00 8 $51,500.00 9 $51,500.00 10 $51,500.00 11 $51,500.00 12 and beyond $51,500.00 For purposes of determining whether billing based on actual use exceeds or is less than the Monthly Minimum Amount, billing based on actual use will include billing for dial-up traffic (including VIP toll free) but will not include one time billing fees, VIP Radius accounting fees, NAI fees, or charges related to Internet connectivity or equipment. In the event the Service, from either a quality, coverage or capacity standpoint, decreases to such an extent that the Reseller is significantly harmed during the term of this Agreement, then MCI shall at Reseller's request meet to discuss, and where appropriate shall negotiate with Reseller in good faith to amend and modify the Monthly Minimums imposed on Reseller. If the parties are unable to reach a new agreement regarding the possible modification of the Monthly Minimums within thirty (30) days from the Reseller's request to meet, then Reseller may terminate the Agreement without penalty upon thirty (30) days notice. Provided however, any such approved early termination shall not release the Reseller from any obligations (financial or otherwise) incurred or otherwise owed to MCI by Reseller prior to the effective date of such termination.
Sample 1
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Related to MONTHLY MINIMUM AMOUNTS

  • Minimum Amounts (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and

  • Minimum Amount No prepayment shall be required pursuant to Section 5.2(a)(i) (i) in the case of any Disposition yielding Net Cash Proceeds of less than $1,000,000 in the aggregate and (ii) unless and until the amount at any time of Net Cash Proceeds from Prepayment Events required to be applied at or prior to such time pursuant to such Section and not yet applied at or prior to such time to prepay Term Loans pursuant to such Section exceeds (x) $10,000,000 for a single Prepayment Event or (y) $50,000,000 in the aggregate for all Prepayment Events (other than those which are either under the threshold specified in subclause (i) or over the threshold specified in subclause (ii)(x)) in any one fiscal year, at which time all such Net Cash Proceeds referred to in this subclause (y) with respect to such fiscal year shall be applied as a prepayment in accordance with this Section 5.2.

  • Minimum Amount of Each Advance Each Eurodollar Advance shall be in the minimum amount of $5,000,000 and in multiples of $1,000,000 if in excess thereof. Floating Rate Advances may be in any amount.

  • Minimum Amounts of Tranches All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, (i) the aggregate principal amount of the Eurodollar Loans comprising each Tranche shall be equal to $500,000 or a whole multiple of $100,000 in excess thereof and (ii) there shall not be more than 5 Tranches at any one time outstanding.

  • Minimum Balance Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

  • Maximum or Minimum Interest Rate If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate. If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate. If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate. Notwithstanding anything to the contrary contained herein, the interest rate on a Floating Rate Note shall not exceed the maximum interest rate permitted by applicable law.

  • Minimum Amounts; Limitation on Number of Borrowings At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type may be outstanding at the same time, provided that there shall not at any time be more than a total of 8 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.

  • Maximum Amount In consideration of the services to be performed by Contractor, the State agrees to pay Contractor, in accordance with the payment provisions specified in Attachment B, a sum not to exceed $250,000.00.

  • Minimum Amounts of Insurance The Contractor shall maintain the following insurance limits:

  • Minimum Amounts and Maximum Number of Tranches All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five Eurodollar Tranches outstanding at any time.

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