The Master Servicer shall have no obligation to monitor or enforce the obligation of the Servicer to remit payment of the Seller Remittance Amount to the Seller. The Seller Remittance Amount with respect to a Mortgage Loan shall not be reduced by any Prepayment Interest Shortfall incurred with respect to the Mortgage Loan. The obligation of the Servicer to pay the Seller Remittance Amount with respect to a Mortgage Loan is limited to, and the Seller Remittance Amount is payable solely from, the interest portion (including recoveries with respect to interest from Liquidation Proceeds, Condemnation Proceeds and Insurance Proceeds to the extent permitted by Section 3.04 of this Agreement) of the Monthly Payments collected by the Servicer with respect to such Mortgage Loan, or as otherwise provided under this Agreement. Seller Remittance Amount With respect to each Due Period and any Mortgage Loan, an amount equal to one-twelfth the product of (a) the Seller Remittance Rate and (b) the outstanding principal balance of the Mortgage Loan as of the related Determination Date. Monthly Remittance Amount The sum of the Group I Monthly Remittance Amount and the Group II Monthly Remittance Amount.
We note your disclosures relating to Timeline Views, Timeline Views per Monthly Active User (MAU), and Advertising Revenue Per Timeline.ĭata Remittance Date With respect to any Distribution Date, the 10th calendar day of the month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately following such 10th day provided, however, that with respect to WMMSC, the Data Remittance Date shall be no later than 12:00 noon, five Business Days before the related Distribution Date. If a Monthly Active User ceases to work for the Customer, the Customer can delete the user’s account and will not be invoiced for the given user as of the following calendar month. To enhance our 1 As used herein, “RMB” refers to Chinese Yuan, “DAU” refers to Daily Active User, “MAU” refers to Monthly Active User, and SAIC refers to “State Administration for Industry and Commerce.”platform’s monetization capabilities, we acquired an advertising agent in February 2018 that operates a programmatic advertising system. Nokia shall provide quarterly invoices of the Fee for each upcoming calendar quarter, as well as for any accrued overages to the Monthly Active User tier for the quarter preceding the invoice date.Īctive User Accounts shall be determined as of the last day of the Contractor’s monthly billing cycle and documented in a Monthly Active User Report providing the account names and total count of all active users. Supplier shall calculate the Monthly Active User Fees at the end of each calendar month based on the table below, and Supplier shall invoice Bank of America for such Monthly Active User Fees within thirty (30) days following the end of each calendar month.īank of America shall pay such Monthly Active User Fees within thirty (30) days after its receipt of Supplier’s invoice for such Monthly Active User Fees. Monthly Active User (“MAU”) Definition: We monitor MAUs as a key measure of the overall size of our user base.ĭ Monthly Active User (“MAU”) Definition: We monitor MAUs as a key measure of the overall size of our user base. In-game net bookings primarily includes the net amount of downloadable content and microtransactions sold during the period, and is equal to in-game net revenues excluding the impact from deferrals.D Monthly Active User (“MAU”) Definition: We monitor MAUs as a key measure of the overall size of our user base. Examples of Monthly Active User in a sentence
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