Monetary Commitment definition

Monetary Commitment means the total monetary amount a customer commits to pay during the term of the subscription for its use of eligible Microsoft Azure Services.
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Monetary Commitment means the total monetary amount a Customer commits to pay over the term of the subscription for its use of eligible Microsoft Azure Services.
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Examples of Monetary Commitment in a sentence

  • To qualify for a rebate on the Surface Go, Surface Pro, Surface Laptop, Surface Book, and Surface Hub products set forth in the table in Section 2 below, Customer must make an Azure Monetary Commitment and/or Azure Consumed Revenue (including support of Windows Virtual Desktop) of $50,000 USD with Microsoft.

  • The term of Monetary Commitment is set in accordance with the terms and conditions of Section 2, below.

  • Customers may reduce their Enrollment’s Monetary Commitment for any future anniversary of the Government Contract Term by notifying their reseller, who must process the reduction with Microsoft prior to the anniversary date.

  • Monetary Commitment: Monetary Commitments are allocated proportionally through each Enrollment’s term.

  • Alternatively, The State may choose to pay its entire Monetary Commitment for each Enterprise upon placing the initial order for its Enrollment.

  • The State may increase its Monetary Commitment for an Enterprise at any time by placing additional orders.

  • The current annual Monetary Commitment minimum for Azure-only SCEs is 1 Monetary commitment unit per month (e.g. within the United States this would equal US$100 per month) The current annual Monetary Commitment minimum for Azure- only SCEs is 10 Monetary commitment units per month (e.g. within the United States this would equal US$1000 per month).

  • For Enterprises whose Enrollments have a Monetary Commitment, the first Allocated Annual Commitment for the Enrollment will be invoiced immediately, and future Allocated Annual Commitments will be invoiced on the anniversary of the Government Contract effective date.

  • Customer may contact Microsoft or Customer’s reseller about increasing its Monetary Commitment or reducing its Allocated Annual Commitment for any future Enrollment anniversary.

  • This portion of the Monetary Commitment annually allocated to the Authorized User is referred to by Microsoft as the Allocated Annual Commitment.

Related to Monetary Commitment

  • Undrawn Commitment means, with respect to any Revolving Lender at any time, an amount (which may not be less than zero) equal to (i) such Lender’s Revolving Commitment at such time minus (ii) the aggregate outstanding principal amount of Revolving Loans held by such Revolving Lender at such time.

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $1,000,000,000.

  • U.S. Commitment means, with respect to each U.S. Lender, the commitment, if any, of such U.S. Lender to make U.S. Revolving Loans and to acquire participations in U.S. Letters of Credit, U.S. Overadvances and U.S. Swingline Loans hereunder, expressed as an amount representing the maximum possible aggregate amount of such U.S. Lender’s U.S. Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such U.S. Lender pursuant to Section 9.04. The initial amount of each U.S. Lender’s U.S. Commitment is set forth on the Revolving Commitment Schedule, or in the Assignment and Assumption pursuant to which such U.S. Lender shall have assumed its U.S. Commitment, as applicable. The U.S. Commitment is a sub-facility of the Revolving Commitment and is not in addition to the Revolving Commitment.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.