Common use of Revenue Commitment Clause in Contracts

Revenue Commitment. If Customer agrees to a Revenue Commitment, Customer shall be obligated to purchase Voice Services under this Agreement in the amount reflected on Rate Attachment A-1a, per month (the “Revenue Commitment”) throughout the term set forth in the Rate Attachment. To the extent that, in any month during the term of the Revenue Commitment, Customer fails to have Total Service Charges greater than or equal to the Revenue Commitment amount, WilTel may invoice Customer on Customer’s current or next invoice, an amount equal to the difference between the Revenue Commitment amount and the Total Service Charge. Such amount represents liquidated damages, and not a penalty, and is based on Customer’s commitment to pay the Revenue Commitment amount for the entire term of Revenue Commitment as set forth in Rate Attachment A-1a and WilTel’s agreement to the discounts set forth in Rate Attachment A-1b attached hereto, which reflect such Revenue Commitment.

Appears in 1 contract

Sources: Wholesale Master Service Agreement (U S Wireless Data Inc)

Revenue Commitment. If Customer agrees to a Revenue Commitment, Customer shall be obligated to purchase Voice Services under this Agreement in the amount reflected on Rate Attachment A-1a, A-1a per month (the “Revenue Commitment”) throughout the term of the Revenue Commitment set forth in the Rate Attachment. To the extent that, in any month during the term of the Revenue Commitment, Customer fails to have Total Service Charges greater than or equal to the Revenue Commitment amount, WilTel may invoice Customer on Customer’s current or next invoice, an amount equal to the difference between the Revenue Commitment amount and the Total Service Charge. Such amount represents liquidated damages, and not a penalty, and is based on Customer’s commitment to pay the Revenue Commitment amount for the entire term of Revenue Commitment as set forth in Rate Attachment A-1a and WilTel’s agreement to the discounts set forth in Rate Attachment A-1b attached hereto, which reflect such Revenue Commitment.

Appears in 1 contract

Sources: Wholesale Master Service Agreement (U S Wireless Data Inc)