Lump fee definition
Lump fee means a remuneration (as part of the overall Remuneration) which is constant in each and every specific time period (usually one month) and its amount does not depend on any variable factors (such as the amount of data transferred, consumed electricity etc.); the Lump fee is stated in the Service Specification in section named usually as "Monthly fee:", "Monthly fee without VAT:", "Lump fee:" or similarly. For the purposes of application of these General Terms, the Lump fee includes also those Fees, which amount for a specific period is fixed, i.e. does not depend on variable factors. If the Service Specification does not state otherwise, the Lump fee represents the amount of remuneration which is to be paid to the Provider for each month of providing the Service. Lump fee is integral part of the Remuneration for which the Provided is entitled for. For invoicing purposes the Lump fee is a PRE-PAID fee.