Common use of Ramp Period Clause in Contracts

Ramp Period. Within the first twelve (12) months after the Effective Date of a Service Agreement (the “Ramp Period”), Customer agrees to (i) request installation dates for at least 80% of the Service locations identified in a Service Agreement and (ii) accept delivery of Services at no less than 80% of the Service locations identified in the Service Agreement in order to be eligible for the pricing in the Service Agreement. If Customer does not meet the minimum requirement, Customer will be billed 80% of the contracted MRC. If the Customer does not meet the 80% threshold by the end of the Ramp Period, Spectrotel reserves the right to adjust the pricing on a going forward basis. In addition, if Spectrotel has been billed any third-party charges above and beyond, what has already been invoiced to the Customer, Spectrotel may bill said third-party expenses to the Customer.

Ramp Period. Within the first twelve (12) months after the Effective Date of a Service Agreement (the “Ramp Period”), Customer agrees to (i) request installation dates for at least 80% of the Service locations identified in a Service Agreement and (ii) accept delivery of Services at no less than 80% of the Service locations identified in the Service Agreement in order to be eligible for the pricing in the Service Agreement. If Customer does not meet the minimum requirement, Customer will be billed 80% of the contracted MRC. If the Customer does not meet the 80% threshold by the end of the Ramp Period, Spectrotel reserves the right to adjust the pricing on a going forward basis. In addition, if Spectrotel has been billed any third-party charges above and beyond, what has already been invoiced to the Customer, Spectrotel may bill xxxx said third-party expenses to the Customer.