Maximum Service Credit definition

Maximum Service Credit. The aggregate maximum number of Service Credits to be issued by Xxxxxxxx to Licensee for all Downtime that occurs in a single calendar month shall not exceed fifteen days of Service added to the end of Licensee's term for the Service (or the value of 15 days of service in the form of a monetary credit to a monthly-billing Licensee's account). Service Credits may not be exchanged for, or converted to, monetary amounts.
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Maximum Service Credit means the maximum number of Service Credits to be issued by the Company to you for any and all Unavailability that occurs in a single calendar month.
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Maximum Service Credit. The aggregate maximum number of Service Credits to be issued by Xxxxxxxx to Licensee for all Downtime that occurs in a single calendar month shall not exceed 20%. Service Credits may not be provided in the form of a refund.
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Examples of Maximum Service Credit in a sentence

  • Maximum Service Credit Monthly Maximum - Service Credits issued in any month under this SLA will not exceed Eligible Customer’s total monthly recurring charge for the affected circuit.

  • Maximum Service Credit Amount As one of the major factors used in the retirement calculation, service credit is checked carefully for each payroll entry.

  • Bidder will notify NIC within thirty days from the time NIC becomes eligible to receive a Service Credit.3. Maximum Service Credit for a Month: The maximum number of Service Credits to be issued by Collaborative Workspace OEM for all Downtime that occurs in a single calendar month shall be sixteen days of Service (or the value of 16 days of service in the form of amonetary credit to NIC’s account) adjusted at the end of the Year.

  • Maximum Service Credit: What the impact will be for employees who continue to work after age 65 and have reached the maximum service credit of 35 years.

  • Failure to comply with this requirement will forfeit Customer's right to receive a Service Credit.o 5.5 Maximum Service Credit.

  • Maximum Service Credit The aggregate maximum number of Service Credits to be issued by Atmail to a Customer for all Downtime that occurs in a single calendar month shall not exceed fifteen (15) days of Service added to the end of the Customer’s term for the Service (or the value of 15 days of service in the form of a monetary credit to a monthly billing on the Customer’s account).

  • Maximum Service Credit in a given month is an amount equal to 100% of the Monthly Recurring Fee for that month.

  • Maximum Service Credit allowable in a given month is limited to the total Subscription Fee owed for that month.

  • Availability An example Service Credit calculation for the Availability of a Service is as follows: Service Coefficient (m) Service Level Target % (a) Service Failure Threshold % (b) Minimum Service Credit % (c) Maximum Service Credit % (d) Services 5.0 99.5% 95.00% 2.5% 25% Table 2 Example Service Credit Calculation for Availability The Availability of a Service Element was recorded as 97% for a Service Period.

Related to Maximum Service Credit

  • Service credit year means an accumulation of months of

  • Service Credit means a credit calculated as described in Section 2 and Section 5(a) of this Service Level Agreement.

  • Service credit month means a full service credit month or an

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Prior service credit means credit provided under ORS 238.442 or under ORS 238.225 (2)

  • Service Level Credit is defined in Section 8.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • STIPULATED HOURS OF SERVICE PER DAY means hours of duty per day, normal hours/timings of duty whereof shall be determined by the Company's Engineer for which fixed charge shall be payable.

  • Maximum Facility Output means the maximum (not nominal) net electrical power output in megawatts, specified in the Interconnection Service Agreement, after supply of any parasitic or host facility loads, that a Generation Interconnection Customer’s Customer Facility is expected to produce, provided that the specified Maximum Facility Output shall not exceed the output of the proposed Customer Facility that Transmission Provider utilized in the System Impact Study. Maximum State of Charge:

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Maximum Line means $5,000,000, unless said amount is reduced pursuant to Section 2.6, in which event it means the amount to which said amount is reduced.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Credit hour means 50 minutes of classroom instruction in

  • Maximum Credit means the amount of $25,000,000.

  • Enrollee point-of-service cost-sharing means amounts paid to

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions. Member:

  • Maximum Swingline Amount means $5,000,000.

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • Availability Incentive Payments has the meaning set forth in the CAISO Tariff.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Annual Service Charge as of any date means the maximum amount which is payable in any period for interest on, and original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable in respect of any Disqualified Stock.