Common use of Calculation of Credits Clause in Contracts

Calculation of Credits. Company will calculate the Service Availability Credit based on the fees for the Service and the percentage of overall individual SHARE user accounts adversely affected. For example, if the Service Availability Credit pertains to the Service Availability of two (2) SHARE user accounts out of two hundred (200) SHARE user accounts purchased, the Service Availability Credit would be calculated as one percent ( 1%) times the monthly fee for all of Your SHARE user accounts times the percentage of monthly fee credited (as set forth above).

Appears in 5 contracts

Samples: Service Level Agreement, Service Level Agreement, Service Level Agreement

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