Absorbed Fee definition

Absorbed Fee means the transaction fee, where applicable, charged to Customer by OPAY for an End User making payment by use of the Application Services.
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Absorbed Fee means the transaction fee, where applicable, charged to Tulsa County by ATM One for a Customer making payment by use of the Services. The Absorbed Fees are set forth in Exhibit C, Fee Schedule.
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Absorbed Fee means the transaction fee, where applicable, charged to Client by Official Payments for a Customer making payment by use of the Services. The Absorbed Fees are set forth in Exhibit C, Fee Schedule.
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Examples of Absorbed Fee in a sentence

  • Under an Absorbed Fee Model Merchant will be billed monthly in arrears and will automatically be debited from Merchant’s designated Settlement Account via ACH Debit or invoiced per agreement of Merchant and Forte.

  • Client and Paymentus entered into the Agreement for electronic bill payment services; The Parties currently desire to extend the initial term of the Agreement through January 14, 2026, to convert from a Convenience Fee price model to an Absorbed Fee price model, and to increase the Maximum Payment Amount for Credit and Debit Utility Payments from $160.00 to $900.00.

  • Pricing which utilizes an Absorbed Fee Model will be billed to the AGENCY monthly in arrears and will automatically be debited from AGENCY’s designated account via ACH Debit.

  • Pricing schedules which utilize an Absorbed Fee Model will be billed to the AGENCY monthly in arrears and will automatically be debited from AGENCY’s designated account via ACH Debit.

  • Paymentus Service Fee Schedule (Absorbed Fee) Provide services on an as needed basis.

  • Customer and Paymentus entered into the Agreement for electronic bill payment services; The Parties currently desire to amend the Agreement to replace Schedule A of the Master Services Agreement to change the fee model from an Absorbed Fee Model (“Customer Pay”) to a Convenience Fee Model (“User Pay”).

Related to Absorbed Fee

  • Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor’s direct and indirect administrative costs and profit allocable to the Contract.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Direct Costs means the sum of the following:

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.