RE: [registrars] RE: [ga] What deal was made? - VeriSign Response

["Bhavin Turakhia" <bhavin.t@directi.com>]

> Notwithstanding our concern with the overall budget approved 
> by ICANN or the fact that our interpretation of the interplay 
> between Subsection 3.9.2 of the Registrar Accreditation 
> Agreement and Article I of the Concurrent Agreement between 
> ICANN and Network Solutions, Inc. differs from the 
> interpretation expressed by ICANN's counsel, I, on behalf of 
> Network Solutions, Inc., expressly approve, for the ICANN 
> fiscal year beginning on 1 July 2002 and ending on 30 June 
> 2003, the variable registrar accreditation fee, so long as 
> such fee does not exceed $2,000,000.

Pardon me if I am making a mistake here .... But doesn't the word
variable fee mean that there cannot be a fixed limit to it?? Isnt it
dependant on the number of domains that are registered through that
registrar???

bhavin