Commitment Level Clause Samples
The Commitment Level clause defines the degree of obligation each party has under the agreement. It specifies whether commitments are binding or non-binding, and may outline the extent to which parties are required to perform certain actions or deliverables. For example, it can clarify if a party is merely expressing intent or is legally required to fulfill specific duties. This clause ensures both parties have a clear understanding of their responsibilities, reducing the risk of disputes over expectations and enforceability.
Commitment Level. When Buyer exercises a DR Event, Seller shall cause a reduction in electric demand in Seller’s Portfolio that is equal to or greater than the DR Commitment Level specified in the table below. May *** *** *** *** *** June *** *** *** *** *** July *** *** *** *** *** Aug. *** *** *** *** *** Sept. *** *** *** *** *** Oct. *** *** *** *** *** *** Seller may adjust Commitment Levels as set forth in the following chart:
Commitment Level. During the Delivery Term, Seller shall make available to Buyer the Commitment Level corresponding to each Product. In addition, when Buyer provides Seller with Notice of a DR Event, Seller shall then provide the Product equal to or greater than the Commitment Level indicated in Table 3.2.1. Seller may revise the Commitment Levels as set forth in the following Table 3.2.2. If Seller is providing more than one type of Product that includes Product Type Reference A or B, Seller shall provide to Buyer a completed Commitment Level chart for each Product selected in the form attached as Appendix IV to indicate LCA by Delivery Season in each Contract Year by February 1st of the Delivery Season.
Commitment Level. ReadyChek will provide a mean time to restore, that is the time it takes to restore service once the system has been detected as being down, of one (1) hour to the Software during the SaaS Term.
Commitment Level. At a minimum, End User will pay the minimum annual service fee for a minimum term of one (1) year from the initiation of the Service.
Commitment Level. The Customer agrees that, in the aggregate, the Accounts under this Agreement shall yield the following minimum units commitment on or before the date set forth below (the “Commitment Level”):
Commitment Level. Dealer is asked to commit to a level of an annual revenue reselling the Captis Products and Subscription Service(s), based on the sum of the Net Transaction Fees plus Dealer Invoice Direct net fees. Dealer obtaining their stated commitment level and other business considerations by Captis allows Dealer to be offered the discounts and commissions offered in Exhibit A. Dealers Commitment Level is found in Exhibit A. Dealer is responsible for developing their own leads and managing them through a sales process in a professional and efficient manner and professionally represent the Captis Brand. For those leads provided to Dealer by Captis, Dealer shall make commercially reasonable efforts to maximize these sales opportunities.
Commitment Level. The Applicant agrees to a first year commitment level (the "First Year Commitment Level") equal to nine (9) multiplied by the Commitment Level set out above, which dollar level is based on the Applicant's annual Service usage of AT&T Canada - Toll-Free, Unison and VROUTE switched voice services. The Applicant agrees to an annual commitment level (the "Annual Commitment Level") equal to twelve (12) multiplied by the Commitment Level set out above, which dollar level is based on the Applicant's annual Service usage of AT&T Canada - Toll-Free, Unison and VRoute switched voice services.
Commitment Level. Eastbay will provide 99.9% “availability” to the Software during the SaaS Term, calculated on a monthly basis. If Eastbay provides 99.7% or less availability in any given calendar month, Eastbay shall credit ten (10%) percent of the Subscription Fee for such month to the Client to be applied against the Subscription Fee for the next Renewal Term. If Eastbay provides 99.5% or less availability in any given calendar month, Eastbay shall credit twenty (20%) percent of the Subscription Fee for such month to the Client to be applied against the Subscription Fee for the next Renewal Term.
Commitment Level. Any Customer may purchase Products at the prices set forth on Exhibit A if the Customers collectively commit to purchase exclusively from Supplier (in the form of Products) [*] of the Customers’ quarterly requirements for items substantially similar to Products (the “Commitment Level”).
Commitment Level. During the Delivery Term, Seller shall make available to Buyer the Commitment Level corresponding to each Product. In addition, when Buyer provides Seller with Notice of a DR Event, Seller shall then provide the Product equal to or greater than the Commitment Level indicated in Table 3.2.1. Seller may revise the Commitment Levels as set forth in the following Table 3.2.2. If Seller is providing more than one type of Product that includes Product Type Reference A or B, Seller shall provide to Buyer a completed Commitment Level chart for each Product selected in the form attached as Appendix IV to indicate LCA by Delivery Season in each Contract Year by February 1st of the Delivery Season. Table 3.2.1 [Seller to indicate Commitment Level for each Product] Commitment Level in MWs May June July Aug Sept Oct 2013 2014 Due Date Commitment Level Revisions Schedule By February 1, 2013 Upon Notice to Buyer, Seller may revise the 2013 Commitment Levels by between -15% and +15% from the Commitment Levels in Table 3.2.1 as of the Execution Date to reflect the Seller’s Portfolio. By February 1, 2014 Upon Notice to Buyer, Seller may revise the 2014 Commitment Levels by between -15% and +15% from the Commitment Levels to reflect the Seller’s Portfolio.