Common use of Underutilization Clause in Contracts

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 5 contracts

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

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Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 50 percent of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 3 contracts

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

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 25 percent of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 2 contracts

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

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% of the difference between the MVR and the Customer’s total service services charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 100 percent of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in If during any annual period during of the Term, term of service the Customer’s Total Service Charges do not meet or exceed Customer fails to satisfy the MVR, the Customer shall will be billed and required to pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% of the difference between the MVR Customer’s actual usage during that annual period and the Customer’s total service charges during such MVR, or a pro rata portion thereof for any partial annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under during the agreement and an (b) an underutilization charge in an amount equal to 25% 100 percent of the difference between the MVR and the Customer’s total service charges Total Service Charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 50 percent of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in If during any annual period during of the Term, term of service the Customer’s Total Service Charges do not meet or exceed Customer fails to satisfy the MVR, the Customer shall will be billed and required to pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 25 percent of the difference between the MVR Customer’s actual usage during that annual period and the Customer’s total service charges during such MVR, or a pro rata portion thereof for any partial annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 100 percent (100%) of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Initial Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 25 percent of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

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Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization Company a charge in an amount equal to 25% 50 percent of the difference between the MVR and the Customer’s actual applicable usage during that annual period. If during any annual period of the Term the Customer fails to satisfy the Conferencing Subminimum, the Customer will be billed and required to pay an underutilization charge equal to the difference between the Customer’s total service charges during such annual periodmonth and the Extension Term MVR.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 2550% of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVRMinimum Volume Requirement, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in during any annual period during of the Term, term of service the Customer’s Total Service Charges do not meet or exceed Customer fails to satisfy the MVR, the Customer shall will be billed and required to pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 100 percent of the difference between the MVR and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

Underutilization. If, in any annual period during the Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the agreement and (b) an underutilization charge in an amount equal to 25% 75 percent of the difference between the MVR TVC and the Customer’s total service charges during such annual period.

Appears in 1 contract

Samples: enterprise.verizon.com

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