Monthly Recurring Charge (MRC) definition
Examples of Monthly Recurring Charge (MRC) in a sentence
With respect to Customer-requested upgrades to its data plan for Access with Wireless UNI, the Monthly Recurring Charge (MRC) will be prorated according to the date the new data plan is available to Customer.
Except in the event of termination by Customer at the end of the initial or a renewal Term or by Customer due to the breach by Centre of this Agreement pursuant to Section 4.2 of the MSA and 3.4 below, Customer shall pay Centre, as liquidated damages for lost profits and not as a penalty, an early termination fee equal to 2 Months of Monthly Recurring Charge (MRC) if Customer terminates this SLA before the end of the SSA Term.
Monthly Recurring Charge (MRC) Regular fees repeatedly billed each month by Successful Respondents for Services performed.
The Service Credit is issued against the Monthly Recurring Charge (MRC) paid by Customer for services per failed device, and any credit awarded in any calendar month shall not, under any circumstances, exceed Customer’s Monthly Recurring Charge (MRC).
For each Precise Burstable Port ordered, the customer is billed a Monthly Recurring Charge (MRC) calculated by multiplying the 95th percentile of peak usage in a given month by the applicable MRC per Mbps.
The Monthly Recurring Charge ("MRC") for the Service shall be as described in the Ramp-Up and Pricing Schedule attached hereto as Exhibit D.
If Voice Service is unavailable, Customer will be entitled to a service credit for a percentage of the Monthly Recurring Charge (MRC) for the affected Voice Service based on the unavailability (outage length) of the affected Voice Service as set forth in Section 1.6 of the SLA.
Any duplicate Product Identifiers shall provide the exact same service, feature, and functionality at the same cost with the same limitations, to include Monthly Recurring Charge (MRC), Non- Recurring Charge (NRC), and Change Charges.
The Service Uptime Service Credit for this Service is a flat 5% discount off the relevant circuit Monthly Recurring Charge (MRC) for the affected month.
For the purposes of calculating the amount of Service Credit, the Monthly Recurring Charge (MRC) is deemed to cover 30 calendar days or 720 hours.