Common use of Usage Charges Clause in Contracts

Usage Charges. One-time and recurring charges may be based on measurements of actual or authorized use (for example, authorized capacity for Machines). Customer agrees to provide actual usage data as described in an Attachment or Transaction Document. If a Transaction Document provides an estimated total charge for usage charges, the estimate is for planning purposes only. IBM invoices charges based on Customer’s actual or authorized use, subject to any specified minimum commitment. If Customer makes changes to its environment that impact usage charges (for example, change authorized capacity for Machines), Customer agrees to promptly notify IBM and pay any applicable charges. Charges will be adjusted accordingly. In the event that IBM changes the basis of measurement, its terms for changing charges will apply.

Appears in 4 contracts

Samples: Ibm Agreement for Machines, Ibm Agreement for Machines, Ibm Agreement for Machines

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