ANNUAL MAINTENANCE CHARGES definition

ANNUAL MAINTENANCE CHARGES. Fees are billable on a monthly basis at the rate of 1/12 of the annual fee. A charge is made for an account in the month that an account opens or closes.
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ANNUAL MAINTENANCE CHARGES. (AMC) means the annual fees, as stipulated by ECARPL from time to time, payable by a Member towards utilities, upkeep, upgrade and maintenance of EAR/ENAR Membership and reservation services and such other services provided by ECARPL in connection with ECARM.
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Examples of ANNUAL MAINTENANCE CHARGES in a sentence

  • ANNUAL MAINTENANCE CHARGES - The annual maintenance charge includes the processing of all transactions and correspondence.

  • TSI TELSYS AND/OR ITS REPRESENTATIVE'S LIABILITY UNDER OR ARISING OUT OF THIS AGREEMENT, WHETHER FOR BREACH OF CONTRACT, TORT, OR OTHERWISE SHALL BE LIMITED TO A REFUND OF THE PRO RATA ANNUAL MAINTENANCE CHARGES PAID, IF ANY, FOR THE ITEM OF PRODUCT INVOLVED IN THE CLAIM.

  • ANNUAL MAINTENANCE CHARGES - Fees are billable on a monthly basis at the rate of 1/12 of the annual fee.

  • THE SEVEN SEAS SERIES FUND) AND STATE STREET BANK AND TRUST COMPANY DATED APRIL 1, 1988 ANNUAL MAINTENANCE CHARGES: The per account annual fee will be billed at a rate of 1/12 of the annual fee for each fund account serviced during the month.

  • ANNUAL MAINTENANCE CHARGES The annual maintenance charge includes the processing of all transactions and correspondence.