Fee Obligations definition
Examples of Fee Obligations in a sentence
Return of the Service Retainer is also subject to your complete performance of all your obligations under this Agreement, including full satisfaction of your Membership Fee Obligations and any additional obligations applicable following termination or expiration of this Agreement.
The Service Retainer will be held as a retainer for performance of all your obligations under this Agreement, including the Membership Fee Obligations, and is not intended to be a reserve from which fees may be paid.
We will return the Service Retainer, or any balance after deducting outstanding fees and other costs due to us, including any unsatisfied Membership Fee Obligations, to you by bank transfer or other method that we communicate to you within thirty (30) days (or earlier if required by applicable law) after the later of (i) the termination or expiration of this Agreement and (ii) the date on which you provide to us all account information necessary for us to make such payment.
If you terminate this Agreement prior to the end of the Commitment Term (or during any relevant Termination Notice Period), your Membership Fee Obligations shall become immediately due.
Return of the Service Retainer is also subject to Member Company’s complete performance of all its obligations under this Agreement, including full satisfaction of the Membership Fee Obligations and any additional obligations applicable following termination or expiration of this Agreement.
If you fail to make any payment to us of any fees or service charges as provided in Section 10 above (“Fee Obligations”) when due and do not cure such failure within the notice period below, unless we agree otherwise, we may terminate all specified treasury services (i) upon 10 days prior written notice of your failure to pay Fee Obligations in excess of $250,000; or (ii) upon 30 days prior written notice of your failure to pay any other Fee Obligations aggregating less than $250,000.
We will return the Service Retainer, or any balance after deducting outstanding fees and other costs due to us, including any unsatisfied Monthly Fee Obligations, to you by bank transfer or other method that we communicate to you within thirty (30) days (or earlier if required by applicable law) after the later of (i) the termination or expiration of this Agreement and (ii) the date on which you provide to us all account information necessary for us to make such payment.
The Fee Obligations equal Two Hundred Eighty-One Thousand Nine Hundred Ninety Seven and 18/100 Dollars ($281,997.18).
Return of the Service Retainer is also subject to your complete performance of all your obligations under this Agreement, including full satisfaction of your Monthly Fee Obligations and any additional obligations applicable following termination or expiration of this Agreement.
The Service Retainer will be held as a retainer for performance of all Member Company’s obligations under this Agreement, including the Membership Fee Obligations and any fees related to Add-Ons, and is not intended to be a reserve from which fees may be paid.