Minimum Purchasing Fees Sample Clauses

Minimum Purchasing Fees. It is agreed by and between CLIENT and PURCHASER that, in consideration of the facility granted herein; CLIENT will sell to PURCHASER a minimum of Two Million Four Hundred Thousand and No/100 Dollars ($2,400,000) of Accounts (“Quarterly Minimum Accounts”) per calendar quarter. In the event CLIENT fails to sell to PURCHASER the minimum Accounts required herein, CLIENT shall remit to PURCHASER an amount equal to the following: the Quarterly Minimum Accounts less the gross face amount of Accounts sold to PURCHASER hereunder for such quarter, multiplied by the Purchasing Fee, assuming a thirty (30) day collection period. Such fee shall be calculated quarterly and charged to the Reserve on the last day of each quarter.
Sample 1Sample 2
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Minimum Purchasing Fees. It is agreed by and between CLIENT and PURCHASER that, in consideration of the facility granted herein, CLIENT will sell to PURCHASER a minimum of One Hundred Twenty-Five Thousand Dollars ($I25,000) of Accounts per month. In the event CLIENT fails to sell to PURCHASER the minimum Accounts required herein and PURCHASER, therefore, does not receive the minimum Purchasing Fees as set forth herein in any month, CLIENT shall remit to PURCHASER the difference between the fees earned and the minimum Purchasing Fees required herein. The minimum amount charged will be calculated by subtracting the amount sold from the minimum and multiplying by the Purchasing Fee.
Sample 1

Related to Minimum Purchasing Fees

  • Minimum Purchase Broker-Dealer shall not sell fewer than $5,000 in Notes to any purchaser without the prior written consent of Issuer.

  • Minimum Payment (a) Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.

  • Minimum Payments If the Executive’s Termination Date occurs during the Agreement Term for any reason, the Executive shall be entitled to the following payments, in addition to any payments or benefits to which the Executive may be entitled under the following provisions of this Section 5 (other than this paragraph 5(a)) or the express terms of any employee benefit plan or as required by law:

  • Maximum Payment The maximum period or aggregate of periods of accident make-up pay to be made by an Employer will be a total of 39 weeks for any one injury.

  • Maximum Payments Nothing contained herein shall be deemed to establish or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments in excess of such maximum shall be credited against amounts owed by the Borrower to the Holder and thus refunded to the Borrower.

  • Annual Payment During each calendar year, an employee may choose to receive payment for up to twenty (20) hours of accrued vacation leave or compensatory time. Request for payment may be made in November or December of each year. Such payment shall be made during the month of November or December and will be granted only if the employee has taken at least forty (40) hours of vacation/compensatory time during the calendar year. Such payment shall be at the base hourly rate only, no add-ons.

  • Maximum Total Payment Including the reimbursable expenses shown above (if any), the maximum total payment under this Contract is $ ; this is a not-to-exceed amount, and the District will not pay more than this amount unless specifically agreed to in an amendment executed by the parties.

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Closing Fees On the Effective Date, the Borrower agrees to pay to the Administrative Agent and each Lender all loan fees as have been agreed to in writing by the Parent and the Joint Lead Arrangers.

  • Annual Payments The Settling Distributors shall make eighteen (18) Annual Payments, each comprised of base and incentive payments as provided in this Section IV, as well as fifty percent (50%) of the amount of any Settlement Fund Administrator costs and fees that exceed the available interest accrued in the Settlement Fund as provided in Section V.C.5, and as determined by the Settlement Fund Administrator as set forth in this Agreement.

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