Monthly Fee Cap definition

Monthly Fee Cap means the cap on professional fees and expenses of the Coalition Professionals from the effective date of this Agreement until the Effective Date, which is $950,000.00 per month (pro-rated for any partial month).
View Source
Monthly Fee Cap means, with respect to each Workload, the total of the Fees paid for Usage Time throughout a month that reaches the threshold level of Tokens set forth in Schedule A.
View Source

Examples of Monthly Fee Cap in a sentence

  • Notwithstanding the foregoing, the Parties agree that Hospital losses from prior months commencing from the Effective Date will be rolled forward to the following month(s), as applicable, in calculating the Management Fee and determining whether the Monthly Fee Cap has been met for any such month during the term of this Agreement.

  • In any month where ▇▇▇▇▇▇▇▇ for our staff would exceed [**] (including for the Interim CFO and any additional staff), the Monthly Fee Cap for the Interim CFO will be reduced to [**].To the extent that the average weekly hours for any FTI professional exceeds 50 hours per week during any calendar month, FTI will be entitled to additional compensation at Discounted Standard Hourly Rates and/or FTI and the Client will discuss the addition of additional resources to the Engagement.

  • In any month where ▇▇▇▇▇▇▇▇ for our staff would exceed [**] (including for the Interim CFO and any additional staff), the Monthly Fee Cap for the Interim CFO will be reduced to [**].