Variable Fees definition

Variable Fees means the product of the Estimated Fees (as hereinafter defined) multiplied by .75. "Estimated Fees" shall mean the sum of all usage, encounter, inquiry, training, service and other variable fees, based on usage of the registry and related services by participants, to be paid to the Company during the term of the On-line Outcomes Registry Agreement. The Company shall estimate the Estimated Fees in good faith as of the date the On-line Outcomes Registry Agreement is executed and delivered. The Company represents, warrants and covenants that it will have a reasonable basis for its estimate of Estimated Fees and that such estimate will be prepared on a basis consistent with the internal projections of the Company. The estimate of Estimated Fees will be prepared using the pricing terms as set forth in the On-line Outcomes Registry Agreement, including, without limitation, estimates of any volume discounts, based on the usage estimates made in accordance with the following sentence. The Company shall prepare in good faith an estimate of the usage of the registry and related services by participants over the term of the On-line Outcomes Registry Agreement. By way of example only, an estimate of the Estimated Fees for a stent registry would include (i) an estimate of the number of cardiac catheter laboratories ("cath labs") to be covered by the agreement, (ii) an estimate of the size distribution of such cath labs, (iii) an estimate of usage of the registry and related services by each cath lab based on its size, and (iv) an estimate of any volume discounts based on the foregoing. The foregoing procedure shall be applied in a manner similar to the illustration attached hereto as Exhibit B, subject to the specific terms and conditions of the applicable On-Line Outcomes Registry Agreement; provided, that in Exhibit B the calculation of Contract Value illustrated therein shall not include the Net Present Value discount shown, but, rather, shall include the multiplication of such Estimated Fees by the factor of .75.

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Variable Fees has the meaning given it in Section IV.C.2 of the Services Agreement. EXHIBIT II.B.2(a) LAB EDI SERVICE AGREEMENT AMENDMENT PROVISIONS

Variable Fees has the meaning given in Section 11.2; and

Examples of Variable Fees in a sentence

The Fees and Variable Fees due under this Agreement are exclusive of tax.
Registrar shall pay all Fees and Variable Fees in accordance with the requirements set forth in the Payment Terms, and portions not disputed per the Payment Terms shall be paid in full.
Registry Operator shall not be required to provide advance notice of any price increase for the imposition of Variable Fees.
The signed, dated and certified Monthly Report, along with the Variable Fees identified in Subparagraph 4(B), must be submitted, in the Department-approved format, within ten (10) calendar days of the end of each calendar month of the Period of Operation.
At such time, based on the reported Total Gross Revenue, performance of the Concession, and/or Department’s existing rates for similarly- performing operations, Department may choose to increase the Term Fee and/or Variable Fees for the following Renewal Term(s), if any.

More Definitions of Variable Fees

Variable Fees means the fees described in Section 3.4(a) of this Exhibit. -------------------------------------------------------------------------------- 3.0 FEES

Variable Fees shall have the meaning set forth in EXHIBIT 4.

Variable Fees means the fees calculated based on Unit of Count or such other basis of calculation as specified by the Bursa.

Variable Fees means the Additional Resource Charges and the Reduced Resource Credits, collectively.

Variable Fees means the variable fees payable to the REIT Manager pursuant to Clause 14.1.2;

Variable Fees means the fees described in subsection 4.4.

Variable Fees means the Asset Management Fee and the Shared Services Fee.