Commitment Offering Clause Samples
A Commitment Offering clause outlines the terms under which one party formally commits to providing a specific product, service, or financial resource to another party. Typically, this clause details the nature and scope of the commitment, any conditions that must be met before the offering becomes binding, and the timeframe in which the commitment is valid. For example, it may specify that a lender is offering a loan commitment subject to certain approvals or that a supplier will provide goods at agreed terms if the buyer meets certain criteria. The core function of this clause is to clearly define the obligations and expectations of the parties involved, reducing uncertainty and ensuring both sides understand the conditions under which the commitment is made.
Commitment Offering. You commit in advance to purchase a specific quantity of Services for use during a Term. With respect to Microsoft Azure Services, additional or other usage (for example, usage beyond your commitment quantity) may be treated as a Consumption Offering. Committed quantities not used during the Term will expire at the end of the Term.
Commitment Offering. You commit in advance to purchase a specific quantity of Online Services for use during a Term and to pay upfront or on a periodic basis in advance of use.
Commitment Offering. You commit in advance to purchase a specific quantity for use during a Term and to pay upfront or on a periodic basis during the Term in advance of use. Additional or other usage (for example, usage beyond your commitment quantity) may be billed like a Consumption Offering.
Commitment Offering. You commit in advance to purchase a specific quantity of Online Services for use during a Term and to pay upfront or on a periodic basis in advance of use. With respect to BONDAP SaaS, additional or other usage (for example, usage beyond your commitment quantity) may be treated as a
Commitment Offering. You commit in advance to purchase a specific quantity of devices within Glue for use during a Term and to pay upfront or on a periodic basis in advance of use. Committed quantities not used during the Term will expire at the end of the Term.
Commitment Offering. You commit in advance to purchase a specific quantity of Hosted Services for use during a Term and to pay upfront or on a periodic basis in advance of use. With respect to PARIS Philippines Services, additional or other usage (for example, usage beyond your commitment quantity) may be treated as a Consumption Offering. Committed quantities not used during the Term will expire at the end of the Term.
Commitment Offering. You commit in advance to purchase a specific quantity of Hosted Services for use during a Term and to pay upfront or on a periodic basis in advance of use. With respect to PARIS Technologies International, Inc. Services, additional or other usage (for example, usage beyond your commitment quantity) may be treated as a Consumption Offering. Committed quantities not used during the Term will expire at the end of the Term.
Commitment Offering. Customer commits in advance to purchase a specific quantity of Microsoft OEM Services for use during a Subscription Term and to pay upfront or on a periodic basis for continued use of the Microsoft OEM Services. Commitment Offerings are billed during the Billing Cycle in which they are provisioned. At the conclusion of the Subscription Term, the Microsoft OEM Service will automatically convert to a Consumption Offering basis. Commitment Offerings can be cancelled but no refunds will be given for upfront payments and remaining unbilled periodic payments for the rest of the Subscription Term will be billed as a lump sum.
Commitment Offering. You commit in advance to purchase a specific quantity of Online Services for use during a Term and to pay upfront or on a periodic basis in advance of use. With respect to Bellus3D Online Services, additional or other usage (for example, usage beyond your commitment quantity) may be treated as a Consumption Offering. Committed quantities not used during the Term will expire at the end of the Term.