AVC Commitment Sample Clauses

AVC Commitment. Commencing on the 8th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $1,000,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Contract Year is defined as a consecutive twelve month period of the Initial Term starting on the 8th Amendment Date.

AVC Commitment. Commencing on the 10th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $2,600,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Contract Year is defined as a consecutive twelve month period of the Initial Term starting on the 10th Amendment Date. Commencing on the 12th Amendment Effective Date and for the remainder of the Term, ▇▇▇▇▇▇▇▇’s new AVC will be as follows in Total Service Charges, or a pro rata portion thereof for any partial contract year: First Contract Year $2,600,000.00 Second Contract Year $2,600,000.00 Third Contract Year $2,600,000.00 Fourth Contract Year $2,600,000.00 Fifth Contract Year $2,600,000.00 Commencing on the 17th Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $1,000,000 in Total Service Charges.