Minimum Term Contract definition

Minimum Term Contract means a contract between a Network Provider and End User that specifies a period of time which is fixed at the date of Connection and within which the End User has an obligation to pay a monthly service charge to the Network Provider and which provides (amongst other things) that the End User may be liable to a cancellation charge if the contract is terminated within that specified period of time;
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Examples of Minimum Term Contract in a sentence

  • If you are on a Minimum Term Contract the fixed minimum term specified in your Application commences on the provision of the Mobile Services or when the SIM is activated.

  • As nominated in your Application, you may acquire as a Package more than one Minimum Term Contract by which you will enter into one or more separate contracts with us.

  • Note: If a Soberlink device was purchased under a Minimum Term Contract, the party who is responsible for paying the monthly fee will be responsible for any early termination fees.

  • If you are on a Minimum Term Contract the term specified in your Application commences on the date that you sign your Application.

  • The reference in this Part C to a Minimum Term Contract relates to one SIM only and (where applicable) one handset and/or other Mobile Equipment.

  • Your Minimum Term Contract or plan will be calculated by us based on your Minimum Monthly Spend commitment.

  • The reference to a Minimum Term Contract in this SFOA relates to one SIM only and (where applicable) one item of Mobile Equipment.

Related to Minimum Term Contract

  • Long-term contract means a contract with a duration period exceeding one year;

  • State Term Contract means a term contract that is competitively procured by the department pursuant to section 287.057, F.S. and that is used by agencies and eligible users pursuant to section 287.056, F.S.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Term Contract means the legally enforceable term contract, as defined in section 287.012, F.S., between the Department and Contractor to which these Enterprise Standard Terms and Conditions apply, including all Attachments thereto. The Term Contract is either a State Term Contract or an Enterprise Alternate Contract Source.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).