Definition of Portal System Fees

Portal System Fees means the amounts collected by Developer for the use of the Portal System by Company Members, less all applicable third party processing fees, shipping and handling costs, taxes, refunds, and charge-backs with respect to such products or subscriptions sold through the Portal System.
Sample 1

Examples of Portal System Fees in a sentence

Notwithstanding anything in this Agreement to the contrary, if at any time during the term the Portal System Fees are less than fifteen thousand dollars ($15,000) for three (3) consecutive calendar months, Developer may terminate this Agreement in its sole discretion.