MINIMUM MONTHLY definition
Examples of MINIMUM MONTHLY in a sentence
MINIMUM MONTHLY PAYMENT: We will calculate the minimum payment based on 2% of the balance or $15, whichever is greater.
NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED UNDER THIS SECTION (4A): (1) NO COMMISSION SHALL BE DUE OR PAID ON THE MINIMUM MONTHLY RENT FOR ANY PERIOD OF THE INITIAL TERM OR ANY EXTENDED TERM BEYOND THE INITIAL TEN YEARS OF TENANT’S OCCUPANCY; AND (2) NO COMMISSION FOR THE INITIAL TERM AND ANY EXTENDED TERM SHALL CUMULATIVELY EXCEED $37,500.
MINIMUM MONTHLY CHARGE: The product of the Capacity Rate and the Billing Demand.
RATE: Single Phase: A basic charge of $25.00 per month per meter and an energy charge (all kilowatt hours used in a month) of $ 0.1262 per kWh. Three Phase: A basic charge of $170.00 per month per meter and an energy charge (all kilowatt hours used in a month) of $ 0.1251 per kWh. MINIMUM MONTHLY CHARGE The minimum monthly Basic Charge under the above rate shall be the standby charge as contained in a special contract to be entered into by all consumers utilizing this service.
MINIMUM MONTHLY PAYMENT: 2% of the balance or $15, whichever is greater.