Monthly Usage Fees Sample Clauses

Monthly Usage Fees. During the Term of this Agreement and on a monthly basis, Portworx will charge or invoice Licensee a Monthly Usage Fee as defined hereafter. “Monthly Usage Fee” is the greater of the monthly minimum commitment (“Monthly Minimum”) or the hourly usage of Software in accordance with pricing provided by Portworx at xxxxx://xxxxxxxx.xxx/products/features/. For the avoidance of doubt, each calendar month Licensee will owe at minimum, the Monthly Minimum fee, regardless if hourly usage was below the Monthly Minimum. For the first month of the Software, the Monthly Minimum will be prorated to cover the remaining days of the first month. For example, Portworx will charge 50% of the Monthly Minimum if Licensee starts the Software subscription on the 15th day of a calendar month in a 30-day month in addition to any hourly usage that exceeds such Monthly Minimum. On the first day of the calendar month after the initial pay-as-you-go Software month and each month renewed thereafter, Portworx will charge the full Monthly Usage Fee on a monthly basis. In addition, each calendar month’s hourly usage will not rollover to the next calendar month. For example, if in Month 1 the hourly usage exceeded the Monthly Minimum by 600 hours and in Month 2 Licensee did not use the entire Monthly Minimum by 500 hours, Licensee may not apply Month 1’s 600 hours to meet Month 2’s Monthly Minimum.
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Monthly Usage Fees. 17.1.4 The full purchase price of the PocketPOS that have been ordered if you have elected to purchase the PocketPOS.
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Monthly Usage Fees. During the first three (3) months of the Amendment Term, Company shall pay usage fees to Neulion based upon Actual Agent Call Minutes (as defined below) and number of online chat session at the rates provided for in the Supplemental Usage Fees section below. Such usage fees shall be payable by Company to NeuLion on a net sixty (60) day basis following Company’s receipt of a monthly invoice from NeuLion and verifiable documentation evidencing Actual Agent Call Minutes and Chat sessions. For purposes of this Amendment, “Actual Agent Call Minutes” means customer-CSR talk time during an Incoming Call and excludes IVR time, customer hold time and call wrap-up time (i.e., any time following customer disconnect). On the first day of each calendar month beginning with the first full month after month three of the Amendment Term, Company shall pay to NeuLion a basic monthly usage fee in the amount of *******(the “Basic Monthly Usage Fee”), such amount to be prorated with respect to NeuLion’s performance of the Customer Support Services during any portion of a calendar month during the Amendment Term. The Basic Monthly Usage Fee shall include: (i) ******* Actual Agent Call Minutes per month; and ******* completed online chat sessions (each a “Chat Session” and collectively, the “Chat Sessions”) per month. For clarity, Chat Sessions shall not include chat sessions that are abandoned and no dialogue has begun.
Sample 1

Related to Monthly Usage Fees

  • Non-Usage Fee The Borrower shall pay to the Bank a non-usage fee on the average daily unused portion of Facility A at a rate of 0.25% per annum, payable in arrears within fifteen (15) days of the end of each calendar quarter for which the fee is owing.

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.

  • Usage Fee For all days on which the Aggregate Outstanding Credit Exposure exceeds 50% of the Aggregate Commitment, the Parent agrees to pay to the Administrative Agent for the account of each Lender according to its Pro Rata Share a usage fee at a per annum rate equal to the Applicable Fee Rate on the amount of the Aggregate Outstanding Credit Exposure from the date hereof to and including the Facility Termination Date, payable on each Payment Date hereafter, on each respective Commitment Maturity Date, and on the Facility Termination Date.

  • Monthly Fees ACS will xxxx Customer each month during the term of this Agreement based on number of "Actions" which occurred during the prior month. The definition of "Actions" and fees for each Action will be documented in each Task Order. Customer shall cause ACS to be paid the foregoing fees on a monthly basis within thirty (30) days of ACS' delivery of an invoice for the preceding month's Actions.

  • Utilization Fees (i) If on any day the sum of the aggregate outstanding principal amount of all Loans to the Borrowers plus the L/C Obligations then outstanding exceeds the product of (A) one-half (1/2) times (B) the Revolving Loan Commitment, each Borrower shall pay to the Administrative Agent, for the pro rata benefit of each Lender, a per annum fee equal to the Applicable Percentage for Utilization Fees multiplied by such Borrower’s outstanding Loans plus the L/C Obligations then outstanding (the “Utilization Fees”).

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • CP Costs Seller shall pay CP Costs with respect to the Capital associated with each Purchaser Interest of Conduit for each day that any Capital in respect of such Purchaser Interest is outstanding. Each Purchaser Interest funded substantially with Pooled Commercial Paper will accrue CP Costs each day on a pro rata basis, based upon the percentage share the Capital in respect of such Purchaser Interest represents in relation to all assets held by Conduit and funded substantially with related Pooled Commercial Paper.

  • Breakage Costs Without limiting its generality, Clause 21.1 covers any claim, expense, liability or loss, including a loss of a prospective profit, incurred by a Lender:

  • Maintenance Charges 3.1 The annual service charge for the Maintenance Service is payable annually in advance. Payment for services provided to the Customer in addition to the Maintenance Services is due on presentation of an invoice by the Supplier.

  • Monthly Disbursements Not more frequently than once per calendar month, Tenant may deliver to Landlord: (i) a request for payment of Tenant’s contractor, approved by Tenant, in AIA G-702/G-703 format or another format reasonably requested by Landlord, showing the schedule of values, by trade, of percentage of completion of the Tenant Improvement Work, detailing the portion of the work completed and the portion not completed (which approved request shall be deemed Tenant’s approval and acceptance of the work and materials described therein); (ii) invoices from all parties providing labor or materials to the Premises; (iii) executed conditional mechanic’s lien releases from all parties providing labor or materials to the Premises (along with unconditional mechanic’s lien releases for any prior payments made pursuant to this paragraph) satisfying California Civil Code § 3262(d); and (iv) all other information reasonably requested by Landlord. Within 30 days after receiving such materials, Landlord shall deliver a check to Tenant, payable jointly to Tenant and its contractor, in the amount of the lesser of (a) the amount requested by Tenant pursuant to the preceding sentence, less a 10% retention (the aggregate amount of such retentions shall be referred to in this Work Letter as the “Final Retention”), or (b) the amount of any remaining portion of the Allowance (not including the Final Retention). Landlord’s payment of such amounts shall not be deemed Landlord’s approval or acceptance of the work or materials described in Tenant’s payment request.

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