Common use of FEE DECREASE Clause in Contracts

FEE DECREASE. the relevant fees have decreased from the fee level applicable for the previous period, then CNI will be entitled to the difference between the two fee levels together with a credit note for any overpaid GST; and the payment will be backdated to the start of the relevant two Year period and such payment is payable to the other party within ten (10) Business Days of the dispute being resolved. The party paying the difference shall forthwith pay such amount to the other party together with interest thereon at the ▇▇▇▇ Rate calculated daily from the start of the relevant two Year period to the day ten (10) Business Days after the dispute has been resolved, and, if relevant, interest thereon at the Default Interest Rate calculated daily from the day eleven (11) Business Days after the dispute has been resolved to the date of payment of the balance to the other party and compounded monthly.

FEE DECREASE. the relevant fees have Management Fee has decreased from the fee level Management Fee applicable for the previous period, then CNI will be entitled to the difference between the two fee levels together with a credit note for any overpaid GST; and the payment will be backdated to the start of the relevant two Year year period and such payment is payable to the other party within ten (10) 10 Business Days of the dispute being resolved. The party paying the difference shall forthwith pay such amount to the other party together with interest thereon at the ▇▇▇▇ Rate calculated daily from the start of the relevant two Year 2 year period to the day ten (10) 10 Business Days after the dispute has been resolved, and, if relevant, interest thereon at the Default Interest Rate calculated daily from the day eleven (11) 11 Business Days after the dispute has been resolved to the date of payment of the balance to the other party and compounded monthly.