Minimum Revenue Commitment definition

Minimum Revenue Commitment has the meaning set forth in Section 2.2(a).

Minimum Revenue Commitment means the minimum amount the Customer is required to pay BT, as set out in any applicable Order.

Minimum Revenue Commitment means the minimum amount of revenue that you agree to achieve from the Minimum Period Start Date, as set out in Paragraph 8.11.

Examples of Minimum Revenue Commitment in a sentence

• The principal objective of HEP Operating is for HFRM to meet or exceed its obligations with respect to the Minimum Revenue Commitment.

• The Deficiency Notice shall (i) specify in reasonable detail the nature of any deficiency and (ii) specify the approximate dollar amount that HEP Operating believes would have been paid by HFRM to HEP Operating if HFRM had complied with its Minimum Revenue Commitment obligations pursuant to this Agreement (the “Deficiency Payment”).

• Notwithstanding the previous sentence, any deficiency owed by HFRM due to its failure to satisfy any Minimum Revenue Commitment, if any, set forth on Exhibit C, as to any Applicable Asset for a Contract Quarter shall be offset by any revenue owed to HEP Operating in excess of any Minimum Revenue Commitment for such Contract Quarter set forth on Exhibit C from any other Applicable Asset at the same location.

• This Section 2.2(d) shall not apply in the event HEP Operating gives notice of a Force Majeure event in accordance with the terms of the Omnibus Agreement, in which case the Minimum Revenue Commitment shall be suspended to the extent contemplated in Article IX of the Omnibus Agreement.

• Unless objected to by HEP Operating within 60 days of receipt by HEP Operating of such proposal, such new Minimum Revenue Commitment under this Agreement shall become effective as of the date proposed by HFRM.

More Definitions of Minimum Revenue Commitment

Minimum Revenue Commitment means the monthly amount that Customer commits to be charged by Rogers, regardless of the number of Lines activated for the IoT Connectivity Services.

Minimum Revenue Commitment means the minimum number of Users (as set out in your Order) that will usethe Voice Calling with Microsoft Teams Service within a calendar month.

Minimum Revenue Commitment means the monthly amount that you commit to be charged by Rogers, regardless of the number of XXXx activated for the Services.

Minimum Revenue Commitment shall have the meaning given in Schedule G.

Minimum Revenue Commitment means a revenue commitment set forth in an Attachment that CUSTOMER agrees to satisfy during a specified Commitment Period. If the Commitment Period is twelve months, the Minimum Revenue Commitment may be referred to as a Minimum Annual Revenue Commitment, or MARC.

Minimum Revenue Commitment means the level of spend (excluding VAT) the Reseller commits to achieve for the Service by the end of the Minimum Period of Service. Minimum Revenue Commitment is set out in the Order.

Minimum Revenue Commitment or “MRC” is defined in Section 3.6(a). 116. [ * ] 117. [ * ] 118. [ * ] 119. [ * ]