Monthly Fixed Fee Clause Samples

The Monthly Fixed Fee clause establishes a set, recurring payment amount that one party agrees to pay another each month for specified services or deliverables. This fee remains constant regardless of the actual volume of work performed or expenses incurred during the month, providing predictability for both parties. By defining a fixed monthly payment, the clause simplifies budgeting and invoicing, and helps avoid disputes over variable costs or fluctuating workloads.
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Monthly Fixed Fee. (1) Commencing on the Effective Date and continuing through the expiration or earlier termination of the STS Agreement, District shall pay to Contractor a monthly fixed fee to address Contractor’s fixed costs in performing the Student Transportation Services (the “Monthly Fixed Fee”). The Monthly Fixed Fee shall be dependent on the number of Routes for which Contractor’s Drivers are providing Student Transportation Services, determined in accordance with the following table: (2) For purposes of determining which Tier set forth in Section 5(a)(1) of this Amendment No. 2 applies, Contractor will be deemed to be providing Student Transportation Services to Routes with a Contractor Driver in the following manner: i. Current and Ongoing Routes: Contractor will receive credit for the number of Routes assigned to Contractor for which Contractor Drivers (or their Contractor-provided substitute) provides the Student Transportation Services at a rate greater than or equal to the Minimum Coverage Rate (defined below).
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Monthly Fixed Fee. The fixed component of the Operation Fee (“Monthly Fixed Fee”) shall be calculated as per the following: [OPTION A – Term of this Agreement corresponding to 16 (sixteen) years] (a) [***] Brazilian Reais (R$ [***]) for each calendar month of the Operation Phase from the beginning of Operation Phase up to and including the tenth (10th) year of Operation Phase; and
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Related to Monthly Fixed Fee

  • Monthly Fee The fee for the parking spaces shall be $ per month for parking space(s). each all

  • Fixed Fee If “fixed fee” is the basis of compensation, then the Consultant must complete the task(s) for the amount set forth in Column 4. Any hours worked for which payment would result in a total exceeding the amount in Column 4 are at no cost to the City.

  • Monthly Fees ACS will ▇▇▇▇ Customer each month during the term of this Agreement based on number of "Actions" which occurred during the prior month. The definition of "Actions" and fees for each Action will be documented in each Task Order. Customer shall cause ACS to be paid the foregoing fees on a monthly basis within thirty (30) days of ACS' delivery of an invoice for the preceding month's Actions.

  • Monthly Management Fee Payment On the first business day of each month, each class of each Fund shall pay the management fee to the Investment Manager for the previous month. The fee for the previous month shall be the sum of the Daily Management Fee Calculations for each calendar day in the previous month.

  • Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.