TT&C Fees Clause Samples

TT&C Fees. (1) AMSC and TMI acknowledge and agree that Telesat currently provides and will continue to provide following the Traffic Transfer Date TT&C services for the Shared Satellite pursuant to the Telesat Agreement. (2) In consideration of the payment by TMI of all such TT&C services provided by Telesat in respect of the Shared Satellite, AMSC shall pay to TMI, and there shall become due and payable: (a) on the Traffic Transfer Date, an amount equal to the product of (i) the number of days remaining in the calendar month in which the Traffic Transfer Date occurs (including the Traffic Transfer Date), and (ii) U.S.$3,333; and (b) on the first Business Day of each calendar month, during the period commencing on the first calendar month immediately following the Traffic Transfer Date and ending on the decommissioning of the Shared Satellite or at such time as Telesat ceases to provide the TT&C services for the Shared Satellite, the amount of U.S.$100,000. (3) Upon the expiry of the Telesat Agreement in accordance with its terms and the election by TMI to renew, extend or replace the Telesat Agreement, TMI and AMSC shall negotiate in good faith to fairly determine the amount of the TT&C fees and expenses to be payable by AMSC under such renewed, extended or replaced TT&C agreement taking into account the then existing circumstances.
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Related to TT&C Fees

  • L/C Fees Borrower shall pay to Agent for the account of each Lender in accordance with its Applicable Percentage an L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. L/C Fees shall be (A) due and payable on the first Business Day of each of April, July, October and January, in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand and (B) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, all L/C Fees shall accrue at the Default Rate.

  • Support Fees Medical Practice shall be eligible to receive either Basic Support or Premium Support (the “Support Options”) based on the Support Option listed on Schedule “A” to the License Agreement. Medical Practice shall pay Modernizing Medicine the monthly fee specified on Schedule “A” of the License Agreement for either Basic Support (the “Basic Support Fee”) or Premium Support (the “Premium Support Fee” and together with the Basic Support Fee, the “Support Fees”) based on the Support Option that Medical Practice has selected. Medical Practice may elect to change the Support Option it has selected by providing at least ten (10) days prior written notice to Modernizing Medicine of such change, which change shall become effective at the commencement of the next applicable Renewal Term, unless otherwise agreed to in writing by Modernizing Medicine.

  • Interest Fees and Charges 1Interest

  • 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.

  • Upfront Fees The Borrower agrees to pay to the Agent for the benefit of the Lenders in immediately available funds on or before the Closing Date an upfront fee (the "Upfront Fee") in the amount provided in the Agent's Fee Letter.