{"component": "definition", "props": {"groups": [{"size": 3, "snippet_links": [{"key": "section-52", "type": "clause", "offset": [38, 49]}], "samples": [{"hash": "krdVfyjdlGL", "uri": "/contracts/krdVfyjdlGL#minimum-annual-payment", "label": "Master Technology License Agreement (Sonics, Inc.)", "score": 21.0, "published": true}, {"hash": "ifMvmfE6Gfk", "uri": "/contracts/ifMvmfE6Gfk#minimum-annual-payment", "label": "Master Technology License Agreement (Sonics, Inc.)", "score": 21.0, "published": true}], "snippet": "shall have the meaning given to it in Section 5.2.", "hash": "6b6d5fe8f22d4c80b939cd3efcb1e397", "id": 1}, {"size": 2, "snippet_links": [{"key": "section-87", "type": "clause", "offset": [32, 43]}], "samples": [{"hash": "gBjOCRWDrMe", "uri": "/contracts/gBjOCRWDrMe#minimum-annual-payment", "label": "Research and Commercial License Option Agreement (Sangamo Biosciences Inc)", "score": 21.0, "published": true}, {"hash": "jKryAFnGvtx", "uri": "https://investor.sangamo.com/static-files/e48d9c71-a076-4d91-bd79-b49519038da1", "label": "investor.sangamo.com", "score": 7.9650924025, "published": false}], "snippet": "means each payment described in Section 8.7.", "hash": "212fe0fe6141cd2ae518b54480bad0be", "id": 2}, {"size": 1, "snippet_links": [{"key": "pay-as-you-go", "type": "definition", "offset": [5, 18]}, {"key": "amount-paid", "type": "clause", "offset": [49, 60]}, {"key": "by-the-authority", "type": "clause", "offset": [61, 77]}, {"key": "sufficient-funds", "type": "clause", "offset": [110, 126]}, {"key": "projected-benefits", "type": "definition", "offset": [140, 158]}, {"key": "administrative-costs", "type": "definition", "offset": [198, 218]}, {"key": "calculate-the", "type": "clause", "offset": [254, 267]}, {"key": "financial-plan", "type": "definition", "offset": [306, 320]}, {"key": "each-year", "type": "definition", "offset": [321, 330]}], "samples": [{"hash": "3y7Lu2dZJX9", "uri": "/contracts/3y7Lu2dZJX9#minimum-annual-payment", "label": "Trust Agreement", "score": 24.5345653662, "published": true}], "snippet": "and \u201cPay as you go\u201d amount shall mean the annual amount paid by the Authority toward Benefits, which, provide sufficient funds to cover all projected Benefits expenses for Beneficiaries and related administrative costs for that year. The Authority shall calculate the minimum annual payment as part of its financial plan each year.", "hash": "637e170ff6a27895d9579bd7f8bd645f", "id": 3}, {"size": 1, "snippet_links": [{"key": "the-schedule", "type": "clause", "offset": [29, 41]}], "samples": [{"hash": "gxSJfmWyhJe", "uri": "/contracts/gxSJfmWyhJe#minimum-annual-payment", "label": "Loan Agreement", "score": 21.9089664613, "published": true}], "snippet": "has the meaning specified in the Schedule.", "hash": "258803573df5a7858e80f349575b4b1d", "id": 4}, {"size": 1, "snippet_links": [], "samples": [{"hash": "6c8byWtafgj", "uri": "/contracts/6c8byWtafgj#minimum-annual-payment", "label": "Executive Employment Agreement (Anicom Inc)", "score": 18.0, "published": true}], "snippet": "means $50,000.", "hash": "8d5e8f3bd7513f164f8656a1ab8c802b", "id": 5}, {"size": 1, "snippet_links": [], "samples": [{"hash": "cFeXF6U8o18", "uri": "/contracts/cFeXF6U8o18#minimum-annual-payment", "label": "Executive Employment Agreement (Anicom Inc)", "score": 18.0, "published": true}], "snippet": "means $200,000.", "hash": "53b936e66b2e5203ad152285a737de8e", "id": 6}, {"size": 1, "snippet_links": [], "samples": [{"hash": "hZ6mgv94Ud3", "uri": "/contracts/hZ6mgv94Ud3#minimum-annual-payment", "label": "Master Services Agreement (Liminal BioSciences Inc.)", "score": 31.2149212868, "published": true}], "snippet": "means [***]", "hash": "4db1658a708b906591eed86dc43b4ff4", "id": 7}, {"size": 1, "snippet_links": [{"key": "in-cash", "type": "definition", "offset": [16, 23]}, {"key": "equal-to", "type": "definition", "offset": [24, 32]}, {"key": "calculation-period", "type": "definition", "offset": [51, 69]}], "samples": [{"hash": "2rFNseATHNG", "uri": "/contracts/2rFNseATHNG#minimum-annual-payment", "label": "Asset Purchase Agreement (Sequential Brands Group, Inc.)", "score": 32.665982204, "published": true}], "snippet": "means an amount in cash equal to $750,000 per each Calculation Period.", "hash": "a025f53cde6bcd2058df713640cce17f", "id": 8}, {"size": 1, "snippet_links": [], "samples": [{"hash": "C5m1n4q5xV", "uri": "/contracts/C5m1n4q5xV#minimum-annual-payment", "label": "Executive Employment Agreement (Anicom Inc)", "score": 18.0, "published": true}], "snippet": "means $100,000.", "hash": "a84dd713ccfb968613412e4886eb9e13", "id": 9}, {"size": 1, "snippet_links": [{"key": "pay-as-you-go", "type": "definition", "offset": [5, 18]}, {"key": "amount-paid", "type": "clause", "offset": [49, 60]}, {"key": "by-the-authority", "type": "clause", "offset": [61, 77]}, {"key": "sufficient-funds", "type": "clause", "offset": [110, 126]}, {"key": "projected-benefits", "type": "definition", "offset": [140, 158]}, {"key": "administrative-costs", "type": "definition", "offset": [198, 218]}, {"key": "calculate-the", "type": "clause", "offset": [254, 267]}, {"key": "financial-plan", "type": "definition", "offset": [306, 320]}, {"key": "each-year", "type": "definition", "offset": [321, 330]}, {"key": "definition-of-fiscal-year", "type": "clause", "offset": [338, 363]}, {"key": "effective-january", "type": "clause", "offset": [377, 394]}, {"key": "a-vote", "type": "definition", "offset": [407, 413]}, {"key": "the-period", "type": "clause", "offset": [497, 507]}, {"key": "commencing-on-the", "type": "clause", "offset": [508, 525]}, {"key": "day-of", "type": "clause", "offset": [532, 538]}, {"key": "last-day", "type": "definition", "offset": [574, 582]}, {"key": "following-year", "type": "clause", "offset": [598, 612]}], "samples": [{"hash": "fBoxe9UfYCq", "uri": "/contracts/fBoxe9UfYCq#minimum-annual-payment", "label": "Trust Agreement", "score": 31.3837514718, "published": true}], "snippet": "and \u201cPay as you go\u201d amount shall mean the annual amount paid by the Authority toward Benefits, which, provide sufficient funds to cover all projected Benefits expenses for Beneficiaries and related administrative costs for that year. The Authority shall calculate the minimum annual payment as part of its financial plan each year.\n1 The definition of Fiscal Year was amended, effective January 1, 2020, by a vote of the Massport Board on May 21, 2020. The definition was changed from \u201cshall mean the period commencing on the first day of July of any year and ending on the last day of June of the following year.\u201d", "hash": "324c8f0323f3ead421acfd5286ae4c58", "id": 10}], "next_curs": "CmMSXWoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj8LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIfbWluaW11bS1hbm51YWwtcGF5bWVudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"size": 14, "title": "Minimum Annual Payment", "snippet": "shall have the meaning given to it in Section 5.2.", "id": "minimum-annual-payment", "examples": ["Notwithstanding the definition of \u201cCall Price\u201d, in the event of a breach by the Member of Section 9.04, (1) the \u201cCall Price\u201d shall be no or nominal consideration as determined in the Manager\u2019s sole discretion, and 2B) to the extent a Company Note has been issued to such Call Member, or consideration payable pursuant to this Section 9.05 is otherwise payable in installments (including any <strong>Minimum Annual Payment</strong>), all remaining amounts payable to such Call Member shall be deemed forfeited.", "Each <strong>Minimum Annual Payment</strong> will be deemed a non-refundable payment by Licensee of Royalties due under this Agreement for the applicable Contract Year.", "Such <strong>Minimum Annual Payment</strong> shall not be credited, offset or deducted against any other Royalties or any other payments or amounts owed by one party to the other party under this Agreement or otherwise.", "Licensee will not be entitled to a reduction in the <strong>Minimum Annual Payment</strong> to the extent that other versions of the PS Product Software have been made available to Licensee which allow Licensee to reasonably continue shipping Licensee Products.", "In the event of a default in payment of the <strong>Minimum Annual Payment</strong> obligation, the beneficiaries of the <strong>Minimum Annual Payment</strong> pursuant to this Covenant Agreement shall look exclusively to the Anchor Property for satisfaction thereof and shall not seek or obtain a personal judgment against CC Trust or its successors or assigns.", "The <strong>Minimum Annual Payment</strong> shall be made by December 31 of each year to the Cleveland County Treasurer.", "Subject to Section 8 of this Covenant Agreement, during the <strong>Minimum Annual Payment</strong> Period, the owner(s) (and any successors in interest) of the Anchor Property will pay, or cause to be paid, not less than the <strong>Minimum Annual Payment</strong> of ad valorem taxes (or will make a payment in lieu of taxes in the <strong>Minimum Annual Payment</strong> amount).", "The <strong>Minimum Annual Payment</strong> shall be forty million dollars ($40,000,000) for the first Contract Year, thirty-seven million, five-hundred thousand dollars ($37,500,000) for the second Contract Year, thirty-nine million dollars ($39,000,000) for the third Contract Year, forty-one million dollars ($41,000,000) for the fourth Contract Year, and forty-two million, five-hundred thousand dollars ($42,500,000) for the fifth Contract Year.", "Royalties paid to PalmSource for sales by Wholly Owned Subsidiaries will count toward Licensee\u2019s <strong>Minimum Annual Payment</strong> and Initial Royalty Amount in Exhibit D (Licensee Products, Royalties and Fees) in the same manner as Royalties paid for sales by Licensee.", "If payment is based on <strong>Minimum Annual Payment</strong> rather than Percentage Payment, then the month in which gaming operations begins shall be prorated according to days in that month."], "related": [["annual-payment", "Annual Payment", "Annual Payment"], ["minimum-payment-due", "Minimum Payment Due", "Minimum Payment Due"], ["minimum-payment", "Minimum Payment", "Minimum Payment"], ["maximum-annual-debt-service", "Maximum Annual Debt Service", "Maximum Annual Debt Service"], ["semi-annual-period", "Semi-Annual Period", "Semi-Annual Period"]], "related_snippets": [], "updated": "2025-07-06T21:56:45+00:00"}, "json": true, "cursor": ""}}