Common use of Usage Based Billing Clause in Contracts

Usage Based Billing. Fees which are paid for by usage (e.g., IP count, bandwidth, devices, users, workloads, etc.) may be reconciled with actual usage at VECTRA’s discretion. VECTRA reserves the right to perform true-up reconciliation and charge for any usage above the volume purchased. To calculate End User usage, VECTRA will sample the amount of usage observed by any Product every hour. At the end of any 30-day period, the samples are ordered from highest to lowest. The top five percent (5%) of the samples are discarded. The highest remaining sample (i.e., End User’s usage at the ninety-fifth percentile (95th %)) is the measured usage.

Usage Based Billing. Fees which are paid for by usage (e.g., IP count, bandwidth, devices, users, workloads, etc.) may be reconciled with actual usage at VECTRA’s ’S discretion. VECTRA reserves the right to perform true-up reconciliation and charge for any usage above the volume purchased. To calculate End User usage, VECTRA will sample the amount of usage observed by any Product every hour. At the end of any 30-day period, the samples are ordered from highest to lowest. The top five percent (5%) of the samples are discarded. The highest remaining sample (i.e., End User’s usage at the ninety-fifth percentile (95th %)) is the measured usage.