Common use of Month-to-Month Term Clause in Contracts

Month-to-Month Term. Upon the expiration of the Optional Term(s), the Agreement will be automatically extended on a month-to-month basis until either party terminates it upon 60 days prior written notice. Minimum Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $550,000 in Total Service Charges during each contract year of the Term. Commencing on the 9th Amendment Effective Date, Customer’s AVC requirement (set forth above) is replaced with a TVC requirement (set forth below): TVC Commitment: Commencing on the 9th Amendment Effective Date and in lieu of the AVC commitment, Customer agrees to pay Company $4,000,000 in Total Service Charges during the Initial Term (“TVC”)