Examples of Annual Fees in a sentence
We reserve the right to increase the remaining term license Annual Fees once a year, on the anniversary of the commencement date, by the greater of 3% or the percentage by which the UK Retail Prices Index has increased over the previous year.
Upon the effective date of this exchange, the Monthly or Annual Fees due under that agreement may increase in accordance with state contract discount rates and based upon the difference between (a) Service Provider‘s then prevailing Monthly or Annual Fees for the new hardware selected, and (b) an allocated portion of the prior Monthly or Annual Fees covering the components that were replaced.
No refunds of previously paid Annual Fees are provided upon termination, but those license and support rights continue for their original duration and no further payments will be due.
If Mercatus does not or cannot remedy the failure within a commercially reasonable period of time, Customer may terminate the affected Service Order on written notice not later than thirty (30) days after Mercatus’s notice that it is unable to remedy the failure, and in such event Mercatus will refund the Annual Fees paid pursuant to the applicable Service Order, and the all rights and/or licenses granted to Customer use the Platform under the affected Service Order will terminate.
Moneys in the Bond Fund shall be used by the Trustee to pay interest and principal on the Bonds as they become due upon each Interest Payment Date, at maturity, upon redemption or upon acceleration and to pay Annual Fees.