Service Credit Rebate Sample Clauses

Service Credit Rebate. TotalAvailableTime x 100%
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Service Credit Rebate. 2.2.1 If BT fails to meet the obligations set out in Sections 2.1.2 above, subject to Section 2.1.1(d) & 4 of this Service Level Agreement, the Customer is entitled to the following credits, in which the outage(s) occur for the affected component(s) and subjected to BT’s maximum credit rebate liability specified in Section 3. Items Service Level Credit for Breach of SLA Availability of Internet Connectivity 99.99% measured over the monthly service period a) 2% of the monthly recurring fee on Internet Bandwidth for the first 4 Hours of Internet Connectivity outage. b) 3% of the monthly recurring fee on Internet Bandwidth for >4 to 12 Hours of Internet Connectivity outage. c) 4% of the monthly recurring fee on Internet Bandwidth for >12 Hours of Internet Connectivity outage.
Service Credit Rebate. 1.3.1. If BT fails to meet any one of the obligations set out in Sections 1.1 and 1.2 above, subject to Section 1.4 & 4 of this Service Level Agreement, the Customer is entitled to the following credits, in which the outage(s) occur for the affected component(s) and subjected to BT’s maximum credit rebate liability specified in Section 3. Items Service Level Credit for Breach of SLA Availability of Power 99.99% measured over the monthly service period a) For the first 4 Hours of Power outage, 2% of the monthly recurring fee on the affected Service(s). b) For >4 to 12 Hours of Power outage, 3% of the monthly recurring fee on the affected Service(s) c) For >12 Hours of Power outage, 4% of the monthly recurring fee on the affected Service(s) Availability of Cooling 99.99% measured over the monthly service period a) For the first 4 Hours of Power outage, 2% of the monthly recurring fee on the affected Service(s). b) For >4 to 12 Hours of Power outage, 3% of the monthly recurring fee on the affected Service(s) c) For >12 Hours of Power outage, 4% of the monthly recurring fee on the affected Service(s)

Related to Service Credit Rebate

  • Letter of Credit Reports Each Issuing Bank shall furnish (A) to the Agent on the first Business Day of each month a written report summarizing issuance and expiration dates of Letters of Credit issued by such Issuing Bank during the preceding month and drawings during such month under all such Letters of Credit and (B) to the Agent on the first Business Day of each calendar quarter a written report setting forth the average daily aggregate Available Amount during the preceding calendar quarter of all Letters of Credit issued by such Issuing Bank.

  • Credit Reports Borrower authorizes Lender to obtain a credit report on Borrower at any time.

  • Credit Reporting For each Mortgage Loan, the Company shall accurately and fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information on its borrower credit files to each of the following credit repositories: Equifax Credit Information Services, Inc., TransUnion, LLC and Experian Information Solution, Inc. on a monthly basis.

  • Fair Credit Reporting Act The Servicer has fully furnished, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company (three of the credit repositories) on a monthly basis.

  • Credit Reporting; Gramm-Leach-Bliley Act (a) With respect to each Mortgage Loan, each Sexxxxxx xxxxxx xx xully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and TransUnion Credit Information Company (three of the credit repositories), on a monthly basis.

  • Performance and Compliance with Contracts and Credit and Collection Policy The Seller shall (and shall cause the Servicer to), at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and timely and fully comply in all material respects with the applicable Credit and Collection Policies with regard to each Receivable and the related Contract.

  • Collection Practices; Escrow Deposits The origination and collection practices used with respect to the Mortgage Loan have been in accordance with Accepted Servicing Practices, and have been in all material respects legal and proper. With respect to escrow deposits and Escrow Payments, all such payments are in the possession of the Company and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made. All Escrow Payments have been collected in full compliance with state and federal law. No escrow deposits or Escrow Payments or other charges or payments due the Company have been capitalized under the Mortgage Note;

  • Compliance with Credit and Collection Policy Such Seller Party has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change to such Credit and Collection Policy, except such material change as to which Agent and each Purchaser Agent have been notified in accordance with Section 7.1(a)(vii) and receipt Agent’s and each Purchaser Agent’s consent to the extent referenced therein.

  • Letter of Credit Requests 15 2.03 Letter of Credit Participations......................... 15 2.04 Agreement to Repay Letter of Credit Payments............ 17 2.05

  • Credit Requirements The amount to be secured by the User from [date] is set out in the Secured Amount Statement issued from time to time and as varied from time to time in accordance with Section 2 of the CUSC.

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