Minimum Annual Fee. The Borrower shall pay to the Bank a minimum annual fee of Ten Thousand Dollars and no cents ($10,000.00) (the “Minimum Annual Fee”). The Minimum Annual Fee shall be payable in advance, in the manner provided in Section 2.11 herein, on the Effective Date for the first year hereunder, and on each anniversary of the Effective Date for each subsequent year. The Minimum Annual Fee shall be pro-rated for any partial year.
Minimum Annual Fee. Company shall pay MS a minimum annual fee of $2,500,000 for year one, $2,000,000 for year two, and $1,500,000 for year three. The first two payments (total of $4,500,000) will be exchanged upon the execution of this Agreement for warrants to purchase 583,333 shares of the Company's common stock (at a per share exercise price of $13.50). The form of warrant will be identical (except for exercise price) to the form of warrant provided to MS in connection with its financing transaction occurring on or about the date of this Agreement. The third payment of $1,500,00 will be paid as follows: 50% on the first day of the third year, and 50% one hundred and twenty days following the first day of the third year.
Minimum Annual Fee. An annual minimum fee for all Northern Trust services is $125,000 per annum. The obligations to pay the fees hereunder do not commence until the date of the initial public sale of shares of each Fund. SCHEDULE D (Countries for which Custodian shall not have responsibility under Section 3A for managing foreign custody arrangements)
Minimum Annual Fee. HRT O&G shall pay Air Amazonia the total minimum annual fees during the Term, if any, in BRL of the equivalent to USD $29,000,000, which shall be due and payable by HRT O&G, regardless of the number of Aircraft provided under this Agreement or the number of Flight Hours flown during the Term (“Minimum Annual Fee”).
Minimum Annual Fee. Section 2.9.1 of the Loan Agreement (as previously amended by the October 2009 CIT) is hereby deleted and replaced by the following:
Minimum Annual Fee. (a) CUSTOMER will pay PG&E no less than a minimum annual fee in the amount of (the "Minimum Annual Fee") as provided in 5.l(b) below. The Minimum Annual Fee will increase on an annual basis by per year as displayed in the following table:
Minimum Annual Fee. End User will pay the minimum annual fee of $1200.00 ($100.00 x 12 months).
Minimum Annual Fee. The paragraph entitled “Minimum Annual Fee:” in Item 5 of Exhibit B is amended to read as follows: Minimum Annual Fee: $10,000, which shall be payable in one of the following ways: (i) by cash, check, or other bank transfer, (ii) in kind (which may include, but is not limited to, providing services to Licensor), or (iii) some combination of cash and in-kind payments, as determined by Licensee in its discretion. Unless otherwise agreed, in-kind payments shall be valued, if goods, based on their retail value or, if there is no retail value, on their fair market value, and if services, based on the current market rate at which Licensee charges for such services.
Minimum Annual Fee. Company shall pay MS a minimum annual fee of $[...***...] for year one, $[...***...] for year two, and $[...***...] for year three. The first two payments (total of $[...***...]) [...***...]. The third payment of $[...***...] will be paid as follows: [...***...] on the first day of the third year, and [...***...] one hundred and twenty days following the first day of the third year.
Minimum Annual Fee. The minimum annual fee for the first full year of operation during which all facilities under the agreement are in operation, as defined in Section 1.2. shall be equal to Twenty-one cents (.21(cent)) per enplaned passenger . For each year after the first full year of operation, as defined in Section 1.2, the minimum annual guarantee shall be the greater of the minimum established for the first full year of operations, as defined in Section 1.2, or eighty-five percent (85%) of the previous years actual rent payments (Percentage Fee).
