Common use of Ramp Period Clause in Contracts

Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of six (6) months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Term Volume Commitment: Commencing on the expiration of the Ramp Period, Customer agrees to a TVC of $2,400,000.

Appears in 2 contracts

Samples: enterprise.verizon.com, enterprise.verizon.com

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Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of six (6) months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVCTVC. Term Volume Commitment: Commencing on Customer, at its sole discretion, may extend the expiration of the Ramp Period, Customer agrees to a TVC of $2,400,000Agreement for two (2) additional one (1) year terms (each an “Extended Term”).

Appears in 2 contracts

Samples: enterprise.verizon.com, enterprise.verizon.com

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Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of six (6) 11 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVCTVC. Term Volume Commitment: Commencing on Commitment (“TVC”): $2,900,000 in Total Service Charges (“AVC”) during the Initial Term (the”TVC”) (following the expiration of the Ramp Period, Customer agrees to a TVC of $2,400,000).

Appears in 1 contract

Samples: enterprise.verizon.com

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