Minimum Revenue Commitment. Where a Minimum Revenue Commitment is set out in the Agreement, such Minimum Revenue Commitment will commence to be billed by Rogers after ninety (90) days from the date the pricing set out above is available to be loaded on the Customer’s Data Only Lines.
Minimum Revenue Commitment. During the Term, following the Commencement Date, and subject to the terms and conditions of this Agreement, HFRM agrees as follows:
Minimum Revenue Commitment. During the Term and subject to the terms and conditions of this Agreement, the Xxxxx Entities agree as follows:
Minimum Revenue Commitment. The amount of the "Minimum Revenue Commitment", as defined in the Pipelines and Terminals Agreement, shall be decreased to an amount equal to or less than $6,637,500 per Contract Quarter, as defined in the Pipelines and Terminals Agreement, regardless of whether such decrease is made pursuant to the terms of the Pipelines and Terminals Agreement.
Minimum Revenue Commitment. 2.1 Each calendar year during the initial Term, Company will incur, at a minimum, Actual Contract Revenue in excess of the Minimum Annual Revenue Commitment (“MRC”). [ * * * ] [ * * * ]
Minimum Revenue Commitment. Following the Commercial Release, in the event revenues to Airspan generated by the ATG connectivity solution (including any and all revenues generated under this Agreement or the PSA) is [***], (a) the exclusivity set forth in Sections 2.9(a)(ii), 2.9(b)(ii), 2.9(c)(i), and 3 will terminate and the rights granted therein will become non-exclusive, and (b) the covenants set forth in this Section 3 will expire.
Minimum Revenue Commitment. Subject to the revenue commitment -------------------------- adjustments set forth in Section 1.6.2 and 1.6.3, as a minimum sales guarantee, AOL agrees to pay RS a total of * * ------------- per year in accordance with the following schedule: (a) during the first year following * * ------------------------------ in the first quarter, * * in the second ------------------- quarter, * * in the third quarter and ------------------ * * in the fourth quarter (each a "First Year ----------------- Quarterly Commitment") and (b) during the second year following * *, * * in each ------------------ ------------------ quarter (each a "Second Year Quarterly Commitment"). The First Year Quarterly Commitments and the Second Year Quarterly Commitments shall be collectively referred to herein as the ("Quarterly Commitments.") Such Quarterly Commitments shall be in addition to any amounts payable pursuant to Section 2.1 and shall be paid to RS even if AOL fails to generate Gross AOL Sales Revenue greater than or equal to any Quarterly Commitment. The Quarterly Commitment for each quarter shall be paid at the end of such quarter. For the purposes of this Section 1.6.1, a quarter shall mean a calendar quarter. The first calendar quarter during the Term shall be pro-rated based on the number of days in the Exclusive Sales Period during such calendar quarter, the remainder of the Quarterly Commitment for the first calendar quarter shall be paid for the period between the end of the quarter in which last Second Year Quarterly Commitment and March 15, 2001.
Minimum Revenue Commitment. The minimum gross revenue commitment for the Agreement will be based on the number of End Users as follows: For each month of this agreement and for each country shown, StarMedia Network shall commit to a monthly base level of end users asshown below, for the five year term of End Users as shown below, from the Contract Start Date of this Agreement, for the five year term for IBM Services outlined in this Agreement. This volume commitment shall come from StarMedia Network's remarketing of IBM Internet Connection Services (IBM ICS) directly to End Users in the countries identified in this Agreement. All the End Users registering for IBM ICS using a StarMedia offer code in each calendar month of the term of this Agreement shall count toward this volume commitment. Volume Commitment --------------------------------------------------------------------------- Country Argentina Brazil Chile Colombia Mexico --------------------------------------------------------------------------- Volume Commitment [****] [****] [****] [****] [****] --------------------------------------------------------------------------- Months in Contract Year One [****] [****] [****] [****] [****] --------------------------------------------------------------------------- **** Represents material which has been redacted pursuant to a request for confidential treatment pursuant to Rule 406 under the Securities Act of 1933, as amended. Omitted material for which confidential treatment has been requested has been filed separately with the Securities and Exchange Commission. (Note: Contracts Year two thru five require 12 month commitment in each country) At the first annual reconciliation, the number of months in Contract Year One will be adjusted for any delay in the start of service in each country.
Minimum Revenue Commitment. ICQ agrees that in any month during the term -------------------------- in which there are at least [**], CP shall be entitled to receive at least the minimum amount of revenue calculated under this Section 6.5 (the "Minimum Monthly Revenue"). The Minimum Monthly Revenue for any month shall be equal to [**] for each Active ICQ Mail User during such month [**], up to a maximum amount of [**] in [**]. By way of example of the foregoing, if during a calendar month, there are [**], the Minimum Monthly Revenue for such month shall be [**]. In connection with any quarterly report under Section 6.6, ICQ shall calculate the Minimum Monthly Revenue for each month during such quarter. If the amount otherwise payable by ICQ during such quarter is less than the cumulative Minimum Monthly Revenue for the months in such quarter, then ICQ shall pay to CP the amount of such Minimum Monthly Revenue. By way of example, if during a quarter, the Minimum Monthly Revenue for the three (3) months is, in the aggregate [**], and if the amount otherwise payable under this Section 6 (including payments under Sections 6.1 and 6.2) during such quarter would be [**], then ICQ shall pay CP [**] with the quarterly report provided under Section 6.6 (net of payments previously made during such quarter, if any). If, on the other hand, in the foregoing example, the amount otherwise payable under this Section 6 (including any payments under Sections 6.1 and 6.2) during such quarter, were [**], then ICQ shall pay such [**] (net of any payments previously made during such quarter, if any), and there shall be no additional amounts due based on the Minimum Monthly Revenue.
Minimum Revenue Commitment. If at any time during the Term of the Agreement (a) the Commonwealth’s use of the Services is reduced due to decline in the Eligible Customer’s volume consumption of the Services or pursuant to the Commonwealth’s exercise of its rights under Section 3.18 of the Agreement (other than for Vendor’s Default and subject to the Commonwealth’s other rights under the Agreement and this Schedule) and (b) such reductions result in the Post-Transition Fees in the aggregate for all Service Towers and the annual Facility Fees being lower than eighty-five percent (85%) (the “Minimum Revenue Commitment”) of the amount equal to the sum of (i) the fixed, flat recurring Fees described in Section 5.2 above and (ii) the fixed rate, volume-based recurring Fees for the Baseline Resource Units described in Section 5.3.1 above, then the Commonwealth shall continue to pay the amount equal to the difference (if positive) between the Minimum Revenue Commitment minus the Post-Transition Fees plus the annual Facility Fees as calculated in accordance with Section 5.2.3 above.
