MRC-Eligible Charges definition
Examples of MRC-Eligible Charges in a sentence
If You fail to satisfy Your MRC, You will be billed a shortfall charge in an amount equal to the difference between Your MRC and actual MRC-Eligible Charges incurred.
If You fail to satisfy Your MRC, You will be billed a shortfall charge in an amount equal to the difference between Your MRC and actual MRC-Eligible Charges incurred.
Eligible Costs means the actual costs reasonably incurred by the Recipient:
Usage Charges means the Charges for the Service or applicable part of the Service that are calculated by multiplying the volume of units that the Customer used or incurred in a period (e.g. number of users using the Service, or the number of minutes the Service was used for) with the relevant fee that is specified in the Online Order.
Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.
Ineligible Costs means the costs described under Part E.2 of Schedule “E” of this Agreement.
Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter's balance and/or nomination requirements.