Consortium Fee definition

Consortium Fee means the reasonable expenditures incurred by the Recipient to secure its membership and participation in a consortium for purposes of the implementation of Part 1.(b)(i). of the Project, with the prior agreement of the Association, which Consortium Fee is hereby deemed an Eligible Expenditure for purposes of Section 2.05 of the General Conditions.
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Consortium Fee. As per the pricing schedule below. Consortium Leader shall be responsible for collecting and paying the Consortium Fee to ORCID. ● 5-9 members: US$6,000 per member ● 10-19 members: US$5,000 per member ● 20-34 members: US$4,000 per member ● 35-60 members: US$3,500 per member ● 61+ members: US$3,000 per member Each Consortium Member must have its own Member API Credential(s). If at any time during the Term or a Renewal Term there are fewer than 5 Consortium Members licensed, the fees shall be adjusted to ORCID’s standard licensing fee for individual Members and the discount rate shall no longer apply effective immediately. The Consortium Fee shall be due net 45 days from signing this Consortium Agreement. If Consortium Leader adds any additional Consortium Members during the Initial Term or a Renewal Term resulting in a change in the membership bands set forth above, ORCID reserves the right to charge additional fees which shall be due net 45 days from the date such Consortium Member is added. Renewal fees shall be due net 45 days from the date set forth in an annual invoice sent by ORCID. Lower or higher fees based on the number of Consortium Members will be evaluated at each Renewal Term. Annual fee increases will be no more than 3% per annum (not taking into account increases in the number of Consortium Members), and ORCID will provide no less than 60 days’ advance notice to Consortium Leader of any such fee increase. Additional optional Member Benefits may become available (during a term, or at the beginning of a Renewal Term) for the same Consortium Fee or for additional charges, in ORCID’s discretion. All payments shall be made in United States Dollars. Any undisputed payments made more than sixty (60) days after they are due and payable shall be subject to a 1.5% monthly interest charge, and ORCID reserves the right to freeze access to Consortium Members’ API Credentials until undisputed payments are made. All payments shall be made by check payable to ORCID Inc., by credit card, or by mutually acceptable form of wire transfer to ORCID. There shall be no tax withholdings deducted from any fees owing to ORCID hereunder.
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Examples of Consortium Fee in a sentence

  • The Maintenance Fee for the first year following the Effective Date shall be deemed included within the Consortium Fee.

  • If any more favourable rate is agreed with any third party during the Initial Period, then ARM shall refund, to ARM Partner, the difference between the Consortium Fee and the more favourable rate payable by the third party.

  • Consortium Leader shall be responsible for collecting and paying the Consortium Fee to ORCID.

  • The Development Fee for the first year following the Effective Date shall be [*****] and shall be deemed included within the Consortium Fee.

  • Additional optional Member Benefits may become available (during a term, or at the beginning of a Renewal Term) for the same Consortium Fee or for additional charges, in ORCID’s discretion.

  • The Consortium Scholarship will cover the Consortium Fee, and is specified in the Letter of Admission of each Consortium Scholarship holder.

  • The Consortium Fee covers the provision of Member API Credentials for each Consortium Member set forth on Exhibit 1 plus the technical support set forth in Appendix B to the ORCID License Agreement.

  • Only institutions of higher education, nonprofit organizations, and government research and funding agencies located in and organized under the laws of [COUNTRY] are entitled to be covered under the Consortium Fee (defined below), and Consortium Leader represents that each institution listed on Exhibit 1 is such an entity.

  • The Consortium Fee shall be due net 45 days from signing this Consortium Agreement.

  • ORCID Classification: Consortium Membership Level: Premium Consortium Band: (to be completed by ORCID): Consortium Fee: (to be completed by ORCID) US$[ ] per year, as per the pricing schedule below.

Related to Consortium Fee

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Introduction Fee means the fee payable by the Client to the Agency for an Introduction resulting in an Engagement;

  • Investment Management Fee means the fee defined in the section entitled

  • Initial Fee means any applicable one-off initial or installation fee, as may be stated in an Order;

  • Hookup fee means a fee for the installation and inspection of any pipe, line,