How would you define "Platform Fees" in a legal contract? (2024)

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Platform Fees

The meaning of “

Platform Fees

” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Platform How is Platform Fees defined in a legal contract?

Platform Fees means fixed fees for accessing the relevant service each billing period. Seen in 3 SEC filings
Platform Fees means the amounts payable, plus applicable taxes, for the use of a service, calculated by the number of qualified purchases and does not depend on actual usage. Please note that volume discounts only apply during the initial term, not for term extensions or additional individual services. Seen in 2 SEC filings
Platform Fees means the total basic fees payable to allow connected devices to access a specific platform during a particular period, excluding any usage fees or other fees related to your use of that platform. Seen in 1 SEC filing
Platform Fees means monthly fee payments for ongoing service support, as well as for content recognition, hosting, updates and improvements to the applications and web player. Seen in 1 SEC filing
Platform Fees means the fees that must be paid by the platform user, as per your platform agreement. Seen in 1 SEC filing
Platform Fees means annual fees that the customer must pay to gain access to the services, at rates set out in [schedule]. Seen in 1 SEC filing
Platform Fees means the fees that must be paid by lead to the merchant, which are equivalent to 3.0% of collections for the service of the agreement. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of platform fees' yourself to verify these results. We are always keen to point people to source documents.

Fee defined in a legal contract?

Platform Fee means an asset-based fee that is paid to the dealer manager. This fee accrued daily and is calculated based on the number of shares outstanding that day, excluding shares issued under the company's distribution reinvestment plan. The actual fee amount is calculated using the Net Asset Value (NAV) per share for that particular day. Seen in 9 SEC filings.
Platform Fee means a fee determined as a percentage of the investment amount, payable by the borrower to the lending platform upon a successful loan request. The specific percentage and fee details are stated in the respective offer letter. The platform fee is deducted upfront prior to the disbursem*nt of the investment amount. Seen in 5 SEC filings.
Platform Fee means a flat fee for a Cloud Service that provides one price for the service ordered in the business agreement. Seen in 5 SEC filings.
Platform Fee means a monthly fee per high-speed internet (HSI) subscriber during the commitment period, renewal term, and down periods. The fee is calculated based on the number of HSI subscribers and the applicable rate. The client provides a monthly count of the HSI subscribers and the fee is then calculated accordingly. Seen in 4 SEC filings.
Platform Fee means the fee charged to clients for using the website and services related to telephone consultation, teleconferencing, or video conferencing interactions between the client and an expert. Seen in 3 SEC filings.

Search EDGAR for 'Definitions of platform fee' yourself to verify these results. We are always keen to point people to source documents.

Genie Definition 1

Platform Fees means fixed, monthly, or annual fees paid for accessing and utilizing a specific service or platform.

Relevant Contract Type

Software as a Service (SaaS) Contracts
Cloud Services Contracts
Subscription Agreements
End-User License Agreements (EULA)
Technology Service Agreements

Relevant Circ*mstances

When a company is providing software, application, or platform on a subscription basis
When a company contracts for cloud-based services
When an end-user is licensing software or a digital platform

Relevant Sectors

Software and Technology Services
E-commerce Platforms
Telecommunication Services
Financial Services

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

Platform Fee means an upfront, calculated charge, either fixed or percentage-based, for accessing or using a specific service on a platform.

Relevant Contract Types

Service Level Agreement (SLA)
Subscription Agreement
User Agreement
Membership Agreement

Relevant Circ*mstances

Establishment of new online platforms or services
Renegotiation or renewal of existing platform agreements
Introduction of new services on an existing platform

Relevant Sectors

E-commerce
Financial Technology (FinTech)
Software as a Service (SaaS)
Media and Entertainment

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Genie Definition 2

Platform Fees means the fees required to be paid by a user under their platform agreement.

Relevant Contract Type

Platform Use Agreements

Relevant Circ*mstances

When a vendor, partner, or third-party is using a company's platform as part of their business operation

Relevant Sectors

Software and Technology Services
E-commerce Platforms
Content Distribution Networks
Telecommunication Services
Financial Services

Genie Definition 2

Platform Fee means a recurring fee, charged to users of a platform, calculated based on factors such as usage or subscription period.

Relevant Contract Types

Subscription Agreement
Hosting Agreement
License Agreement

Relevant Circ*mstances

Setting up of ongoing service subscriptions
Implementing pay-as-you-go pricing structures
Upgrading or downgrading of current subscription levels

Relevant Sectors

Software as a Service (SaaS)
Cloud Services
Telecommunications
Online Education Platforms

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Platform Fees

" in your document?

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