Common use of Performance Credits Clause in Contracts

Performance Credits. In the event that a Service Affecting Event (as defined below) shall have occurred for any reason other than the occurrence of a Force Majeure Event or a Customer/User Delay, Contractor shall pay to Customer or affected Users, as applicable, as “Performance Credits” (and as liquidated damages and not as a penalty) an aggregate sum equal to the amount set forth under the heading “Performance Credit Amount” for each such Service Affecting Event, as set forth in Exhibit G; provided, however, that in no event shall the annual aggregate amount of Performance Credits exceed $[* * *], which equals CA$[* * *] under the current conversion factor required under Exhibit E. For purposes hereof, a “

Appears in 2 contracts

Samples: Master Agreement (Neustar Inc), Contractor Services Agreement (Neustar Inc)

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Performance Credits. In the event that a Service Affecting Event (as defined below) shall have occurred for any reason other than the occurrence of a Force Majeure Event or a Customer/User Delay, Contractor shall pay to Customer or affected Users, as applicable, as “Performance Credits” (and as liquidated damages and not as a penalty) an aggregate sum equal to the amount set forth under the heading “Performance Credit Amount” for each such Service Affecting Event, as set forth in Exhibit G; provided, however, that in no event shall the annual aggregate amount of Performance Credits exceed $$ [* * *]] , which equals CA$CA$ [* * *] under the current conversion factor required under Exhibit E. For purposes hereof, a “

Appears in 1 contract

Samples: Contractor Services Agreement (Neustar Inc)

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Performance Credits. In the event that a Service Affecting Event (as defined below) shall have occurred for any reason other than the occurrence of a Force Majeure Event or a Customer/User Delay, Contractor shall pay to Customer or affected Users, as applicable, as “Performance Credits” (and as liquidated damages and not as a penalty) an aggregate sum equal to the amount set forth under the heading “Performance Credit Amount” for each such Service Affecting Event, as set forth in Exhibit G; provided, however, that in no event shall the annual aggregate amount of Performance Credits exceed $CA$ [* * *], which equals CA$[* * *] under the current conversion factor required under Exhibit E. . For purposes hereof, a “

Appears in 1 contract

Samples: Contractor Services Agreement (Neustar Inc)

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