Platform Fee Clause Samples
The Platform Fee clause defines the charges imposed by a platform for providing its services to users or clients. Typically, this fee is calculated as a percentage of each transaction or as a fixed amount, and it is deducted automatically from payments processed through the platform. By clearly outlining the fee structure, this clause ensures transparency in costs and helps prevent disputes over payment deductions or service charges.
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Platform Fee. In addition to the purchase price of the Artwork paid directly to the Artist, the Platform shall charge an additional fee equivalent to 5% of the total sale price of each piece of digital art sold on the Platform ("Platform Fee"). This fee is added on top of the sale price and is paid by the buyer at the point of transaction.
Platform Fee. 14.1. Leading OTAs and listing platforms such as Airbnb, ▇▇▇▇▇▇▇.▇▇▇, Expedia and C- Trip charge their own fees/commission on every booking made via these platforms (the “Platform Fees”).
14.2. Platform Fees are subtracted from the gross payout of each booking by the OTA/ listing platform.
14.3. Platform Fees can vary across platforms and depending on the season, the macro environment and other factors, but in our experience, they have averaged approximately 15-20% (excl. VAT) for the last few years.
Platform Fee. You have the option of either paying for the Services on an annual or monthly basis, subject to clause 4 above. If you cancel your subscription and re-register on the Platform in future, then you must start paying again. We reserve the right to modify the price and payment offerings of the Services in our discretion at any time. You can find the current prices and fees for the applicable Services (the "Fees") posted on the website’s ‘About Us’ informational page. You agree to pay all Fees, and any other fees (including any applicable taxes) incurred in connection with your access to any Services, at the rates in effect when the charges were incurred. We may change the Fees, or add new Fees, upon prior notice to you either by e-mail or publishing the changes on the webpages or mobile pages where the Services are located. You acknowledge and agree that you are responsible for reviewing the Services ' schedule of Fees from time to time for changes in advance of signing up for the Platform, and you further agree that changes shall be effective when posted on the informational page(s) for the Services. However, for customers that are already subscribed to an automatically renewing Services, advance notice of any change in the Fees associated with those Services will be provided by email in advance of any such change going into effect. For Services billed by us on an annual basis, the term of your subscription begins when you purchase the Services, and unless you cancel your subscription as described below, will automatically renew prior to the start date specified in your renewal reminder notice, at the then-current full Fees (plus any applicable taxes) for the applicable Services. For Services billed by us on a monthly basis, the term of your subscription begins when you purchase the applicable Services, and unless you cancel as described below, your subscription will automatically renew each month and you will be charged the then-current applicable Fees (plus any applicable taxes) each month. Should you fail to make the Platform Fee timeously, we reserve the right, in our sole discretion, to suspend your account and blacklist your usage of the Platform. This will result in you being unable to access the Services. Should you wish to have your account reactivated, you will have to pay the outstanding balance plus any interest (should such be levied by us at a rate 7.5% (seven and a half percent) compounded monthly) owing, as well as the relevant Reactivation Fe...
Platform Fee. 1.1. The Platform Fee will be the sum of R200.00 (two hundred rand) exclusive of VAT per month which is payable in advance by the Seller to Makro.
1.2. The Fee is activated on registration as a Seller on Makro Marketplace.
1.3. The first Platform Fee will be charged to the Seller on the 1st of the subsequent month.
1.4. A Sellers Account can be cancelled in accordance with the Seller Agreement and the Fee will terminate at the end of the respective month, subject to all Orders and Deliveries being complete. Makro will not refund any prorata portion of the Platform Fee in the event of cancellation.
1.5. The Platform Fee is charged per Seller account, so in the event that the Seller has multiple accounts, the Platform Fee will be R200.00 (two hundred rand) exclusive of VAT, per Seller Account.
Platform Fee. A Platform Fee will be levied on the Deal to compensate the Platform Operator for its expenses in facilitating the Deal. Payment of the Platform Fee will be primarily the responsibility of the Investee Vehicle (unless otherwise agreed between the Investee Vehicle and the Syndicate Lead) and we may deduct an amount equal to (some or all of as the case may be) the Platform Fee from the Aggregate Subscription Amount once held in the Designated Account, prior to the balance being transferred from such account to the Investee Vehicle Account. For the avoidance of doubt, any such deduction shall not affect the number of Subscription Shares to be issued to the Nominee on behalf of the Syndicate Members. In addition to the amount specified in the Deal Sheet, the Platform fee may include extra costs (as outlined in Appendix 1).
Platform Fee. The platform fee for the Property (the “Platform Fee”) is the greater of Five Percent (5%) of the WBO or $2,500.00. The Platform Fee is and No/100 U.S. Dollars ($ .00).
Platform Fee. Independent Tutor exclusively determines and adjusts Independent Tutor’s session rate. Independent Tutor consents to pay a fee for the use of the Site (“Platform Fee”) and authorizes Tadrees to deduct the Platform Fee directly from the Tutor’s Students’ payments Tadrees collects on behalf of Independent Tutor. The Platform Fee shall be a percentage of the amount paid by ▇▇▇▇▇’s Students to Tadrees. The percentage shall be based on the total number of session hours Independent Tutor has provided to Tutor’s Students as set forth in the Tutor Payment Policies. Independent ▇▇▇▇▇ agrees that under no circumstances will Independent Tutor attempt to seek or receive compensation directly from Tutor’s Students. The platform requires a 30KD monthly subscription fee, subscription can be cancelled at anytime.
Platform Fee. Company will pay to Developer a license fee of $21,950.00 per month for usage of the Platform.
Platform Fee. The Company shall pay to the Sponsor or its Affiliates a platform fee annually in arrears equal to an annualized rate of 0.5% of the Company’s NAV at the end of the immediately preceding year in connection with the use by the Company of the ▇▇▇▇▇ Platform.
Platform Fee. In addition to the purchase price paid directly to the Artist, the Buyer agrees to pay a Platform Fee to DePlatform Inc., equivalent to 5% of the total sale price of each Artwork purchased. This fee compensates the Platform for its services in facilitating the availability and sale of Artworks.