Registry-‐Level Fees. Registry Operator shall pay ICANN a Registry-Level Fee equal to the greater of (i) the Registry Fixed Fee of US$18,750 per calendar quarter or (ii) the Registry- Level Transaction Fee calculated per calendar quarter as follows. For any quarter in which the Registry-Level Transaction Fee as calculated in this Section 6.1 exceeds the Fixed Fee, then the Registry-Level Transaction Fee shall be paid. The Registry-Level Transaction Fee will be equal to the number of annual increments of an initial or renewal domain name registration (at one or more levels, and including renewals associated with transfers from one ICANN-accredited registrar to another) during the applicable calendar quarter multiplied by US$0.25 (the “Transaction Fee”) for calendar quarters during which the average annual price of registrations (including all bundled products or services that may be offered by Registry Operator and include or are offered in conjunction with a domain name registration) is equal to US$5.00. For calendar quarters during which the average annual price of registrations is less than US$5.00, the Transaction Fee will be decreased by US $0.01 for each US$0.20 decrease in the average annual price of registrations below $5.00, down to a minimum of US$0.01 per transaction. For calendar quarters during which the average annual price of registrations is greater than US$5.00, the Transaction Fee will be increased by US $0.01 for each US$0.20 increment in the average annual price of registrations above $5.00.
Appears in 1 contract
Sources: Registry Agreement
Registry-‐Level Fees. Registry Operator shall pay ICANN a Registry-Level Fee equal to the greater of (i) the Registry Fixed Fee of US$18,750 18,7506,250 per calendar quarter or ▇▇▇▇▇ (ii) the Registry- Registry-Level Transaction Fee calculated per calendar quarter as follows. For any quarter in which the Registry-Level Transaction Fee as calculated in this Section 6.1 exceeds the Fixed Fee, then the Registry-Level Transaction Fee shall be paid. .. The Registry-Level Transaction Fee will be equal to the number of annual increments of an initial or renewal domain name registration (at one or more levels, and including renewals associated with transfers from one ICANN-accredited registrar to another) ), each a “Transaction”), during the applicable calendar quarter multiplied by US$0.25 (the “Transaction Fee”) for calendar quarters during which the average annual price of registrations (including all bundled products or services that may be offered by Registry Operator and include or are offered in conjunction with a domain name registration) is equal to US$5.00. For calendar quarters during which the average annual price of registrations is less than US$5.00, the Transaction Fee will be decreased by US $0.01 for each US$0.20 decrease in the average annual price of registrations below $5.00, down to a minimum of US$0.01 per transaction. For calendar quarters during which the average annual price of registrations is greater than US$5.00, the Transaction Fee will be increased by US $0.01 for each US$0.20 increment in the average annual price of registrations above $5.00.
Appears in 1 contract
Sources: New GTLD Registry Agreement