Existence Time Clause Samples
The Existence Time clause defines the specific period during which certain rights, obligations, or conditions outlined in the agreement are valid and enforceable. Typically, this clause will specify start and end dates, or reference triggering events that mark the beginning and conclusion of the relevant terms. By clearly establishing the timeframe for applicability, the clause ensures that all parties understand when their responsibilities or benefits are active, thereby preventing disputes over timing and ensuring clarity in the administration of the contract.
Existence Time. The Minimum Performance Standard for Existence Time is that the average Existence Time for all Messages from Terminals of Delta Service Users processed by Worldspan will not exceed [**] during each of the immediately [**] = Confidential treatment requested for redacted portion, redacted portion has been filed separately with the Commission.
Existence Time. The Intermediate Performance Standard for Existence Time is that the average Existence Time for all Messages from Terminals of Northwest Service Users processed by Worldspan will not exceed [**] seconds during each of the immediately preceding ten consecutive days. The Intermediate Performance Standard for Existence Time applies to Messages from all Terminals of Northwest Service Users, without regard to whether or not they are directly attached to the Worldspan Network. Each type of Message has a different Existence Time profile based on the complexity of the application that is invoked. The portion of the payments due to Worldspan with respect to Airline Services that is at risk pursuant to Section 2.2(b) of this Agreement as a result of Worldspan’s failure to meet this Intermediate Performance Standard shall be [**] of the amounts payable to Worldspan for Production Services. Any [**] = Confidential treatment requested for redacted portion, redacted portion has been filed separately with the Commission.
Existence Time. The Performance Objective for Existence Time is that the average Existence Time for all Messages from Terminals of Delta Service Users processed by Worldspan during any given calendar month will not exceed [**] seconds. The Performance Objective for Existence Time applies to Messages from all Terminals of Delta Service Users, without regard to whether or not they are directly attached to the Worldspan Network. Each type of Message has a different Existence Time profile based on the complexity of the application that is invoked.
Existence Time. The Performance Objective for Existence Time is that the average Existence Time for all Messages from Terminals of Northwest Service Users processed by Worldspan during any given calendar month will not exceed [**] seconds. The Performance Objective for Existence Time applies to Messages from all Terminals of Northwest Service Users, without regard to whether or not they are directly attached to the Worldspan Network. Each type of Message has a different Existence Time profile based on the complexity of the application that is invoked.