Provision Fees definition
Examples of Provision Fees in a sentence
Provision Fees means the prices payable by the Authority to the Provider for the provision of the Services and/or specific defined elements of the Services.
All relevant Provision Fees are detailed in Schedule 4 (Payment Profile).
Subject to paragraph 10 of this Schedule the Provision Fees shall be paid by the Authority monthly in arrears.
Borrower and the Servicer shall deposit, or cause to be deposited, all Collections (including all Cash Provision Fees) into the Credit Balance Settlement Account within one business day of receipt thereof.
The Servicer shall pay all Cash Provision Fees payable to the Borrower to the Credit Balance Settlement Account.
Notwithstanding Section 2.6(d) ("SBC New Subscriber Marketing Payments") of the Strategic Agreement, for the term of this Amendment, SBC and SBC Sub agree to waive payment by Operating Partnership of any CPE, installation and hardware charges (the "Provision Fees") payable pursuant to 2.6(d) ("SBC New Subscriber Marketing Payments") of the Strategic Agreement.
The Servicer hereby agrees to deliver to the Collateral Agent at least two Business Days prior to each Settlement Date a report, based on and consistent with the Servicer Report most recently delivered pursuant to Section 8.03, identifying the payments to be made on such Settlement Date from Cash Provision Fees deposited into the Credit Balance Settlement Account.
Additionally, SBC and SBC Sub agree to waive payment by Operating Partnership of any such Provision Fees earned but not paid by Operating Partnership to SBC Sub prior to the Effective Date.
Such Cash Provision Fees shall be disbursed by the Collateral Agent on each Settlement Date at the direction of the Servicer in accordance with such report.