Recurring Monthly Charges Sample Clauses

The 'Recurring Monthly Charges' clause defines the obligation for one party to pay a specified fee on a monthly basis for ongoing services or access to products. This clause typically outlines the amount to be charged, the billing cycle, and the method of payment, and may address adjustments for changes in service levels or additional usage. Its core practical function is to establish a predictable and consistent payment structure, ensuring both parties understand the financial commitments involved and reducing the risk of payment disputes.
Recurring Monthly Charges. You agree to pay the applicable monthly service fees, including any equipment rental fees, for the Service and any Provider Service Equipment (collectively, the “Monthly Fees”), in advance, on or before the first day of Your Monthly Billing Cycle. Your first “Monthly Billing Cycle” will begin on the date Your Service starts, which will be the date on which We have completed the installation of Your Service and confirmed that the Service is functional at Your premises, and each subsequent Monthly Billing Cycle will begin on the same day of the month for each subsequent month. Your aggregate Monthly Fees will be provided to You before You confirm Your order for Service and will be maintained in Our records thereafter. For each Monthly Billing Cycle with respect to which You do not pay on time (including without limitation if Your Monthly Fees are not received by Provider on or before the first day of the Monthly Billing Cycle), You agree to pay the “Billing Administrative Fee” as established by Provider from time to time. You and Provider specifically agree that the Billing Administrative Fee is not a late fee, but rather is intended to compensate Provider for its additional expense incurred in processing irregular payments, and may be changed at any time without notice to You.
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Recurring Monthly Charges. 2.1. All Recurring Monthly Charges will be charged from the Agreed Live Date. 2.2. The Recurring Monthly Charges will be the calculation of Payslip Fee x Payslip Threshold (and any other fess detailed in the Order Form or in accordance with Change Control) and shall be charged monthly in arrears.
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Recurring Monthly Charges. (a) Monthly Sub-Servicing Fee. Beginning with the calendar month of the Effective Date, and for each calendar month during the term of this Agreement, Client agrees to pay Wendover, in addition to all other fees described herein, a monthly sub-servicing fee (the "Monthly Sub-Servicing Fee"), which will be the **** **** **** **** ****
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Recurring Monthly Charges. (a) Monthly Sub-Servicing Fee. Beginning with the calendar month of the Effective Date, and for each calendar month during the term of this Agreement, Client agrees to pay Wendover, in addition to all other fees described herein, a monthly sub-servicing fee (the "Monthly Sub-Servicing Fee"), which will be the greater of (i) or (ii) below: (i) the minimum monthly fee of Three Thousand Dollars ($3,000.00); or (ii) the amount determined by multiplying the Per Loan Fee indicated below by the Total Mortgage Loans Per Month*, as set forth in the following chart: --------------------------------------------- Per Loan Fee - Fixed Per Loan Fee - Rate Adjustable Rate --------------------------------------------- $7.50 $8.50 --------------------------------------------- * Total Mortgage Loans Per Month is calculated by adding (i) the number of Mortgage Loans on the System at the beginning of the calendar month, and (ii) the number of Mortgage Loans added to the System during that calendar month, and (iii) other Mortgage Loans for which Wendover is providing Services even though such Mortgage Loans have not yet been added to the System. For purposes of calculating Total Mortgage Loans Per Month, a Mortgage Loan paid in full shall remain on the System through the date that a lien release for such Mortgage Loan has been prepared by Wendover and forwarded to the appropriate party.
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Recurring Monthly Charges. Customer shall pay to HFS a Monthly Asset Value Payment based on the Total Bank Assets as of the last business day of the immediately preceding month. Each Monthly Asset Value payment shall be due and payable within thirty (30) days of Customer’s receipt of an invoice for such amount.
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Related to Recurring Monthly Charges

  • Recurring Payments For subscriptions that renew automatically, Customer authorizes Microsoft to charge Customer’s payment method periodically for each subscription or billing period until the subscription is terminated. By authorizing recurring payments, Customer authorizes Microsoft to process such payments as either electronic debits or fund transfers, or as electronic drafts from the designated bank account (in the case of Automated Clearing House or similar debits), as charges to the designated card account (in the case of credit card or similar payments) (collectively, “Electronic Payments”). If any payment is returned unpaid or if any credit card or similar transaction is rejected or denied, Microsoft or its service providers reserve the right to collect any applicable return item, rejection or insufficient funds fee to the maximum extent permitted by applicable law and to process any such fees as an Electronic Payment or to invoice Customer for the amount due.