Common use of Base Systems Clause in Contracts

Base Systems. The monthly service fee for Basic Services provided using the Systems listed in Section I (a) of Schedule A (“Base Systems”) is based on the number of Account Records, open or closed, maintained on the System at the end of each month. For Basic Services provided using Base Systems, Customer will pay Aurum per Account Record. An “Account Record” is defined as an end-customer account type, including but not limited to any demand deposit, savings, certificate of deposit or loan account. Customer will pay Aurum based on the following tiered schedule: 0-100,000 accounts 100,001 > 125,000 accounts 125,001 > 150,000 accounts 150,001 > 175,000 accounts 175,001 > 200,000 accounts 200,001 accounts and over $*** per open/closed Account Record $*** per open/closed Account Record $*** per open/closed Account Record $*** per open/closed Account Record $*** per open/closed Account Record $*** per open/closed Account Record

Appears in 2 contracts

Sources: Information Technology Services Agreement (Placer Sierra Bancshares), Information Technology Services Agreement (Placer Sierra Bancshares)