Guaranteed Minimum Payment definition

Guaranteed Minimum Payment means the minimum Payment the Tribe agrees to make to the State as provided by Part XI of the Compact;
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Guaranteed Minimum Payment the minimum amount of Royalty Payment in U.S. dollars which LICENSEE shall pay for each License Year, irrespective of the amount of Net Sales actually made during such period -- is specified in paragraph 1(d)(ii) above.
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Guaranteed Minimum Payment is defined in Section 9(c).
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Examples of Guaranteed Minimum Payment in a sentence

  • Representative shall guarantee to the Venture a minimum quarterly payment equal to (i) the number of projected page views, multiplied by 80%, multiplied by (ii) the Minimum Revenue Rate (the "Guaranteed Minimum Payment").

  • Representative shall pay to Venture for the right to render Services under this Agreement the greater of (i) the Guaranteed Minimum Payment or (ii) actual ad revenues billed to third parties in the performance of the Services, in each case less only Representative's actual and reasonably allocated costs of providing the Services and a profit margin of five percent (5%) of such costs (either amount, the "Representation Rights Fee").

  • In the event that Venture fails to deliver such minimum number of page views, Representative will be entitled to a proportional reduction in its Guaranteed Minimum Payment.

  • Five-Year Guaranteed Minimum Income Feature Guarantees that during the first five contract years your variable payment will never be less than the Guaranteed Minimum Payment amount shown in the Contract.

  • IF the Supportable Payment is greater than the Guaranteed Minimum Payment, THEN the Supportable Payment becomes Your new Stabilized Payment for the following year; or IF the Supportable Payment is less than or equal to the Guaranteed Minimum Payment, THEN the Guaranteed Minimum Payment becomes Your new Stabilized Payment for the following year.

  • Notwithstanding the foregoing, if Licensee fails to pay the Guaranteed Minimum Payment for any Annual Period, that failure to make the Guaranteed Minimum Payment will not be deemed to constitute a breach of this Agreement, or to generate a claim for monetary relief, but shall merely give Licenser the right to terminate this Agreement upon 60 days’ written notice to Licensee.

  • If You select a Joint and Survivor payment option with reduced payments to the survivor and one of the annuitants dies, the Guaranteed Minimum Payment and the Stabilized Payment will be reduced pro-rata.

  • Reductions to the Guaranteed Minimum Payment and Stabilized Payment If You transfer from variable Annuity Payments to fixed Annuity Payments, the amount of the Guaranteed Minimum Payment and the Stabilized Payment will be reduced pro rata.

  • Initial Payment Guarantee Option and First-Year Stabilized Payment With the Initial Payment Guarantee Option, Your Stabilized Payments will never be less than the Guaranteed Minimum Payment.

  • Upon a termination pursuant to this Section 6.3, VBC shall pay to Press Association, as liquidated damages and not as a penalty, an amount equal to 100% of the Guaranteed Minimum Payment for the remaining term of this Agreement.


More Definitions of Guaranteed Minimum Payment

Guaranteed Minimum Payment for each calendar year, shall mean: Year Guaranteed Minimum Payment (Full Calendar Year) (in U.S. $00s) ---------------------- ---------------- 1995 $8,333 1996 8,800 1997 8,000 1998 7,100 1999 6,400 2000 5,700 2001 5,100
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Guaranteed Minimum Payment for each Anniversary Date shall be $1,805,306.
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Guaranteed Minimum Payment means the payment required to be made, if any, by Alcoa and/or its designated affiliate(s) to Trelawney and Allpar pursuant to Section B of Exhibit C.
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Guaranteed Minimum Payment shall have the meaning set forth in EXHIBIT A hereto.
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Related to Guaranteed Minimum Payment

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Guaranteed Amount means the aggregate amount of each Guaranteed Debt that is guaranteed at any time by Partner Guarantors.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and