Common use of Installation Waiver Clause in Contracts

Installation Waiver. The Company will waive the one-time installation charges associated with the implementation of Services within the 48 contiguous States of the U.S. provided under this Agreement except for ECR Service, Audio and Video Conferencing, Usage charges, monthly recurring charges, expedite charges, change charges, surcharges, charges for an unlisted or non-published number, any charges imposed by third parties (including access, egress, jack, or wiring charges), taxes or tax-like surcharges, or other Governmental Charges will not be waived. OPTION NO. 53370402 (rev. Nov 08, Amendment 4) Initial Term: 24 months Commencing on the 1ST Amendment Effective Date, the Term will start anew and continue for a period of 30 months. Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Annual Volume Commitment (“AVC”): $24,000.00 in Total Service Charges (“AVC”) during each contract year of the Term. Commencing on the 1ST Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $40,000 in Total Service Charges, or a pro rata portion thereof for any partial contract year. During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) of the AVC.

Appears in 2 contracts

Samples: enterprise.verizon.com, enterprise.verizon.com

AutoNDA by SimpleDocs

Installation Waiver. The Company will waive the one-time installation charges associated with the implementation of Services within the 48 contiguous States of the U.S. provided under this Agreement except for ECR Service, Audio and Video Conferencing, Usage charges, monthly recurring charges, expedite charges, change charges, surcharges, charges for an unlisted or non-published number, any charges imposed by third parties (including access, egress, jack, or wiring charges), taxes or tax-like surcharges, or other Governmental Charges will not be waived. OPTION NO. 53370402 (rev. Nov 0853708802, Amendment 4) 4 Term: The “Initial Term: 24 months Commencing ” begins on the 1ST Amendment Effective Date, Date and ends upon the Term will start anew and continue for a period completion of 30 24 months. Upon expiration of the Term, the The Agreement will be automatically extended (“Extended Term”) on a month-to-month basis upon the expiration of the Initial Term, unless either party terminates this has delivered written notice of its intent to terminate the Agreement upon at least sixty (60) 60 days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either Either party may terminate this Agreement during the Extended Term upon at least sixty (60) days prior written notice. Term shall mean the Initial Term and the Extended Term. Minimum Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $24,000.00 300,000.00 in Total Service Charges (defined below) during each Contract Year (the “AVC”) during each contract year of the Term). Commencing on the 1ST Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $40,000 in Total Service Charges, or a pro rata portion thereof for any partial contract year. During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) 1/12th of the AVC.

Appears in 2 contracts

Samples: enterprise.verizon.com, enterprise.verizon.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.