Network Access Fees definition
Examples of Network Access Fees in a sentence
This Agreement shall automatically lapse and be void, without need of any notice, if the Network Access Fees remains unpaid after thirty (30) calendar days from the due date, which is the grace period for payment of network access fees or should the Revolving Fund becomes negative.
A “Service Credit” is equal to the result of dividing (i) the Network Access Fees paid by Customer during the calendar month in which the Service Credit was earned by (ii) the number of hours in the same month.
Switch will issue Service Credits to Customer’s account for the period commencing at the time of receipt notification from Customer until the average Packet Loss for the preceding thirty (30) days is less than 0.1% provided that in no event shall the Service Credits exceed 100% of the Switch Network Access Fees for the calendar month in which the Excess Packet Loss occurs.
In consideration of the rights granted by RSFA to Race and in recognition of RSFA’s ownership of the Network, Race shall pay to RSFA the RSFA Revenue Payments (as defined below) monthly, no later than the 20th day of each month for Network Access Fees received the immediately preceding month (falling completely or partially within the Term).
As used herein, the “RSFA Revenue Payment” shall mean an amount equal to all Network Access Fees received by Race during the applicable calendar month multiplied by 90%.
In addition, if Advance Paradigm is acquired by any company a substantial portion of whose business directly competes with FHS' for health insurance services, FHS may terminate this Agreement with respect to claims processing and/or mail service (including termination of any payment obligation for such services) and network management services, provided that all other terms of this Agreement will remain in full force and effect (including Network Access Fees and Formulary/Rebate Administrative Fees).
Client acknowledges that the Network Access Fees are in addition to any Other Costs and any Transaction Fees, each as defined below, the Client may incur.
In addition to the Network Access Fees, Transactions Fees, and Other Costs, Client shall be responsible for all taxes, tariffs and assessments levied or imposed in connection with the Remote Deposit Service, this Agreement, and the Equipment made available for Client.
Customer shall pay to eleven-x the fees and Device prices specified in the Quote in accordance with the payment terms set out therein and shall pay the applicable Network Access Fees (specified in the Quote or otherwise in the Agreement) on a monthly basis in advance.
RSFA will receive 90% of all Network Access Fees (as defined below) received by Race, payable on the 20th day of each month.