Minimum Usage Charge Sample Clauses
A Minimum Usage Charge clause requires a customer to pay a set minimum amount for a product or service, regardless of their actual usage. This clause typically applies in service agreements where the provider needs to guarantee a baseline level of revenue, such as in utility contracts or software subscriptions. By establishing a minimum payment threshold, it ensures the service provider is compensated for reserving capacity or resources, even if the customer uses less than anticipated, thereby reducing the provider's financial risk.
Minimum Usage Charge. Tank lease customers must meet or exceed minimum usage requirements based on tank size.
Minimum Usage Charge. Where a minimum Usage Based Charge is provided for in the Application for Service, that amount will apply even if the Customer has incurred lower Usage Based Charges or no Usage Based Charges in that calendar month.
Minimum Usage Charge. The parties agree to add Subsection 3(j) to the Service Schedule dated concurrently with the Agreement to read as follows:
Minimum Usage Charge. All cooking, drying and generator accounts will be charged rental fees based on tank size. All others must meet or exceed minimum gallons required based on tank size. Description Fee