Common use of Monthly Commitment Clause in Contracts

Monthly Commitment. Customer must maintain a Minimum Monthly Commitment Level (“MMCL”) of Service. MMCL shall be defined as the dollar amount specific to this Service contained within the executed Purchase Agreement. Should Customer’s use of the Service drop below the MMCL during the contract term, Customer will be billed and obligated to pay at minimum the Monthly Charge contained within the executed Purchase Agreement. Increases in service quantities may be made at any time. Changes in the MMCL are allowed within 30 days of the install date. After 30 days, monthly xxxxxxxx cannot drop below this amount for the duration of the contract.

Appears in 14 contracts

Samples: Managed Disaster Recovery Service Agreement, Mail Services Service Agreement, Ms Hosted Microsoft Exchange Service Agreement

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