Monthly Processing Fees Sample Clauses
The Monthly Processing Fees clause defines the recurring charges that a party must pay for ongoing processing services under the agreement. Typically, this clause outlines the amount, frequency, and method of payment for these fees, and may specify what services are covered or any conditions for fee adjustments. Its core function is to ensure both parties have a clear understanding of the regular financial obligations involved, thereby preventing disputes over payment expectations and maintaining consistent service delivery.
Monthly Processing Fees. The fees for monthly service under this ----------------------- Agreement as more fully set forth in Section 2 and Exhibit B.
Monthly Processing Fees. The fees for monthly service under this Agreement as more fully set forth in Section 2 and Schedule B. New Software. See definition in Section 3(d) below. Operational Customer Data. See definition in Section 8(a) below. Parties. Collectively the individual entities which execute this Agreement. Previous Agreement. See definition in the recitals above. Qualifying Assignee. See definition in Section 12(a) below. Qualifying Damages. See definition in Section 2(d) below. Sale. See the definition in Section 12(a) below. Section 3(d) Period. See definition in Section 3(d) below. Service Level Agreements or SLAs. See definition in Section 7 below. Service Level Objectives or SLOs. See definition in Section 7 below.
Monthly Processing Fees. For processing and administration, the Company shall pay to Flex- Plan the following fees ($50/month aggregate minimum):
2.1 $5.00 per month per FSA Participant (for Participants 1 – 100)
2.2 $4.00 per month per FSA Participant (for Participants 101 – 200)
2.3 $3.00 per month per FSA Participant (for Participants 201 and more)