Average Monthly Usage definition

Average Monthly Usage means in respect of any month the sum of (i) the average daily outstanding principal amount of Revolving Loans in such month, (ii) the average daily undrawn amount of outstanding Letters of Credit in such month and (iii) the average daily amount of unpaid reimbursement obligations in respect of Letters of Credit in such month.
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Examples of Average Monthly Usage in a sentence

  • For the provisioning of the Full Rate DS3 Service it is required that the customer have a Digital Link 3100 DSU/CSU: Average Monthly Usage Monthly Recurring Charge --------------------- ------------------------ 0 - 1.5 Mbps * 1.51 - 3.0 Mbps * 3.01 - 4.5 Mbps * 4.51 - 6.0 Mbps * 6.01 - 10.0 Mbps * 10.01 - 15.0 Mbps * 15.01 - 45.0 Mbps * The Full Rate DS3 connection charge is based upon the Customer's average monthly utilization of the connection.

  • The Average Monthly Usage Commission shall be an amount representing ___% for each dollar that the Average Monthly Usage exceeds $___, multiplied by the aggregate dollar amount (based SRPs) of PINs redeemed by all End Users during such month.

  • At the end of any monthly measurement period in which the Customer's Average Monthly Usage falls below or exceeds the usage associated with its assigned tier, the Customer will be reassigned to a new tier commensurate with their Average Monthly Utilization.

  • Applicant estimates that it will need construction water service as follows: First Date of Service: Last Date of Service: Total Gallons to be used on the Project: Typical Daily Gallons Delivered: Maximum Hour Demand, in Gallons: Average Monthly Usage, in Gallons: The above figures are Applicant’s best estimates.

  • Such Average Monthly Usage Commission shall be based on the aggregate dollar amount (based on SRPs) of PINs redeemed by all End Users each month during the term of this Agreement, divided by the total number of active MINs during such month ("Average Monthly Usage").

  • Average Monthly Usage Commissions shall be payable by the last day of the month following the month in which they accrue.

  • The Average Monthly Usage Commission will be reported monthly to MCI WORLDCOM by the 15th of the following month, with payment from STC net 30 from the date of the report.

  • STC agrees to pay a commission to MCI WORLDCOM based on a percentage of the average monthly usage of End Users using the Services ("Average Monthly Usage Commission").

  • ISP's Termination of this Agreement, prior to the agreed upon termination date as described in article 1.1. of this Agreement, will result in a penalty payment calculated according to the following formula: Number of Remaining Months of Agreement X Average Monthly Usage Fees for Prior Months of Agreement ISP agrees to pay this amount in the event of ISP's Termination of this Agreement prior to the agreed termination date described in article 1.1. of this Agreement.

  • The Average Monthly Usage will be used to establish the center lines of the buffer zone described below.