Minimum Spend definition
Examples of Minimum Spend in a sentence
Hotel is relying upon Organization’s use of the Group Room Night Commitment and the Minimum Spend.
Such automatic contract renewal will be on the same terms and, unless otherwise agreed in writing, the same Minimum Spend will apply.
When Equipment is purchased and the purchase price is less than the ARO published list price as published from time to time, title will only pass on completion of the minimum term and payment of Minimum Spend at clause 2.4 (as applicable) as specified in the relevant Product Agreement.
In the event that the Minimum Spend is not on the Service Agreement then the Minimum Spend applicable will be the sum of any fixed Service Charges plus the average value of your call usage for the last three months of full billing.
Where you have committed to a Minimum Spend in relation to the Services, if you have failed to meet the Minimum Spend in any relevant twelve (12) month period then you shall pay to us, within thirty (30) days of the end of that period, the shortfall between the Minimum Spend for that period and the accrued Service Charges relating to the Services for that period.