Minimum Technology MRC definition
Minimum Technology MRC means the minimum monthly MRC amount that Customer is required to pay for the Cloud Services excluding NRC and Network Connectivity charges (if applicable), for the duration of the Subscription Term.
Minimum Technology MRC means the minimum monthly amount Customer is required to pay for Services for the duration of the Service Term. The Minimum Technology MRC does not include telephony or other usage charges.
Examples of Minimum Technology MRC in a sentence
The Minimum Technology MRC will commence on the first day of the month of the Service Term and may not be postponed because of a delay in implementation of Services regardless of cause.
In case of Termination for Convenience of any Services, City agrees to pay Termination for Convenience charges including: (i) the Minimum Technology MRC, multiplied by the number of months remaining in the then-current contract term; (ii) any early termination penalties incurred by InContact from its underlying carrier(s), for cancellation of underlying services, related to both MRC and Non- recurring Charges (“NRC”), and; (iii) any Services actually received through the date of the Early Termination.