Network Fees. Network fees are paid by a Client to a Hedera Treasury Account in exchange for the Hedera Network processing the Client’s transactions into consensus (i.e., placing each transaction in the correct place with respect to the chronological order of all transactions on the Hedera Network) (“Network Fees”). Network Fees are calculated largely based on a transaction’s size, with such amount set by the Council.
Appears in 7 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement