Minimum Monthly Amount definition

Minimum Monthly Amount means the amount determined by multiplying the applicable TDCQ, in MCF per Day, by the MPR, by the Unit Price, by the number of Days in the Month, (i.e. DCQ x MPR x Unit Price x # Days in the Month).
Minimum Monthly Amount means the minimum monthly fees payable by the Customer for the Services and Equipment (if any), and as specified if the applicable Service Agreement;
Minimum Monthly Amount has the meaning given to it in Section 2.3.

Examples of Minimum Monthly Amount in a sentence

  • For each Month that the Deficiency Credit is decreased, the Buyer’s Monthly invoice amount will be decreased by the amount that the Actual Monthly Amount is greater than the Minimum Monthly Amount or by the Deficiency Credit balance, whichever is less.

  • After a Deficiency Credit balance has been established, the Deficiency Credit balance will be increased each Month by the amount that the Actual Monthly Amount is less than the Minimum Monthly Amount or will be decreased each Month by the amount that the Actual Monthly Amount is greater than the Minimum Monthly Amount.

  • When the Actual Monthly Amount is less than the Minimum Monthly Amount, the difference between the Minimum Monthly Amount and the Actual Monthly Amount will be credited to Buyer as a “Deficiency Credit”.

  • For greater certainty, in the event of a Dispute, and until such time as such Dispute is finally resolved in accordance with the terms of this Section 2.8, the Parties shall continue to be bound by all of the provisions of this Agreement in accordance with their terms (including the Gross Sales Royalty and Minimum Monthly Amount then in effect) notwithstanding the subject-matter of the Dispute.

  • Minimum Monthly Amount will be deemed to be amended to be $*** (pro-rated for any partial month) (being ***).


More Definitions of Minimum Monthly Amount

Minimum Monthly Amount means the minimum monthly amount of a DentiCare Connect or DentiCare Plus Payment Plan as set out in the Service Fees and Payment Plan Parameters Annexure or as otherwise notified by DentiCare to the Provider from time to time in accordance with clause 7.10.
Minimum Monthly Amount means $5,000,000.
Minimum Monthly Amount means the amount specified from time to time by the Lender pursuant to written notice to the Borrower.
Minimum Monthly Amount means the amount determined by multiplying the Minimum Monthly Quantity by the Unit Price.
Minimum Monthly Amount. “Maintenance” “Normal Working Hours” “Service”
Minimum Monthly Amount. “Maintenance” “Normal Working Hours” “Service” means this agreement and the annexures hereto which annexures are deemed to form an integral part of the Agreement; means the party designated as such in the Service Agreement; means the period specified in the Service Agreement; means the Hardware and/or supplies specified in the Service Agreement; means the amount specified in the Service Agreement; means the maintenance of the Equipment specified in the Service Agreement; means between the hours of 8h00 and 17h00 excluding weekends and public holidays;
Minimum Monthly Amount shall have the meaning assigned to such term in section 6.03(b)(5) below.