Outage Credit definition

Outage Credit means the quotient achieved by dividing the Base Rent for the month in which the Interruption of Landlord’s Essential Services occurred by 60.

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Outage Credit means a credit to be paid to a customer for a period of time when services are not rendered for reasons not caused by the customer, force majeure or without prior publication of scheduled maintenance or service;

Outage Credit means a credit specified and issued in accordance with the terms of Appendices B, C, D and E to this Agreement that is applied to reduce amounts otherwise due from Customer to Mammoth for Services provided under this Agreement. “Parties” means, collectively, Mammoth and Customer.

Examples of Outage Credit in a sentence

In the event of an Outage, Customer shall be entitled to a credit ("Outage Credit") upon ▇▇▇▇▇▇▇▇' receipt of Customer's written request for such Outage Credit.
CUSTOMER's sole remedy for a failure by GDS to either provide Services or Products by the Due Date or to provide Services during the contracted term for such Services, will be for the CUSTOMER to request an Outage Credit, as defined in Article 6.
With respect to any Service Outages in excess of the Availability Factors, the Service Outage Credit shall be equal to an amount equal to (a) the Recurring Charge applicable to the affected Service during the calendar quarter in which the Service Outage occurred multiplied by (b) the number of hours or fractions thereof that the Service Outage occurred during the applicable period divided by 2160 hours.
In the event of an Outage, Customer shall be entitled to a credit ("Outage Credit") upon WilTel' receipt of Customer's written request for such Outage Credit.
With respect to a Service Outage, the Service Outage Credit shall be equal to an amount equal to (a) the Recurring Charge applicable to the affected Service during the calendar quarter in which the Service Outage occurred multiplied by (b) the number of hours or fractions thereof that the Service Outage occurred during the applicable period divided by 2160 hours.

More Definitions of Outage Credit

Outage Credit means the quotient achieved by dividing (A) the monthly Base Rent attributable to the portion of the Datacenter Space affected by the Rent Abatement Event for the month in which the Rent Abatement Event occurred by (B) the actual number

Outage Credit means a credit calculated as provided in the Service Level Agreement attached as Exhibit A to be applied against fees owed by Operator to NextG under this Agreement.

Outage Credit means a unit equal to one minute of the Servíce Fees payable for a monthly period, calculated by dividing the Servke Fees payable for such monthly period by the number of the minutes in such monthly period. Customer's entitlement to an Outage Credit:

Outage Credit has the meaning set forth in Section 6.3.1.

Outage Credit means any credit against Monthly Charges otherwise payable for Additional Licensed Fiber resulting from an Outage in accordance with Section 9, below.

Outage Credit means a credit to be paid to a consumer for a period of time when the service is not operating for reasons not caused by the consumer.

Outage Credit shall have the definition set forth in Section 9.1(a).