Common use of Monthly Minimum Fee Clause in Contracts

Monthly Minimum Fee. To the extent that the sum of the Base Fee plus the aggregate Deposit Fees on each Service Location in any month do not equal or exceed $MIN_FEE, Company will be charged a Monthly Minimum Fee per Service Location that represents the difference between $MIN_FEE and the sum of the Base Fee plus the aggregate Deposit Fees for that month.

Appears in 2 contracts

Sources: Blubeem Cash Services Agreement, Blubeem Cash Services Agreement