Examples of Minimum Commitment in a sentence
After commencing payment of the pro rata Minimum Commitment the Customer undertakes to maintain payments until the Minimum Commitment for the ICON Teams Connector Initial Term of XX months has been reached.
The Minimum Commitment for ICON Teams Connector The Charges set out in this Schedule 1 are payable in accordance with this Schedule throughout the ICON Teams Connector Initial Term.
For the avoidance of doubt, the Minimum Commitment is the Service Charge associated with the quantity of active SIP channels on the Order form, irrespective of any change to the quantity thereafter.
One of the following options shall be selected within the Order Form: Annually in advance for the Minimum Commitment Charge with any additional Service Charges above the Minimum Commitment to be charged monthly in arrears; or All of the Service Charges to be invoiced monthly in arrears.
In the event the Customer has not commenced payment of the Minimum Commitment by either the commencement of the Initial Term or the Billing Date, the Parties hereby agree that Maintel may commence billing.