Examples of Product Credit in a sentence
Licensee must submit a written request to claim a Product Credit no later than thirty (30) days following the event that gives rise to Licensee’s right to request the Product Credit.
The number of minutes of separate and discrete Colocation Outages will not be accumulated to determine the percentage of Product Credit.
Failure to request a credit within such period shall constitute a waiver of any claim for a Product Credit.
If the Product Availability in any calendar month is less than the Product Availability objective set forth in the table below, Licensee shall be entitled to a Product Credit equal to the percentage of the applicable MRC set forth in the following table: Quality Level Product Availability Objective Measurement Timeframe Product Credit Cumulative Duration of Product Outage(s) % of MRC 1 Product Availability 99.9% One Month 0 to 45 mins.
Subject to this Section 7, in the event of a Product Outage, Licensee may be entitled to a Product Credit as provided in Section 7.3 below.
If the total minutes or hours of Product Outages in any month exceed the number of minutes or hours set forth in the table below, Licensee shall be entitled to a Product Credit equal to the percentage of the Product MRC set forth in the following table: Product Availability Objective Product Credit Cumulative Duration of Product Outage(s) % of MRC 99.99% 0 to 4 mins.
Subject to this Section 8, in the event of a Product Outage to any Product, Licensee may be entitled to a Product Credit in accordance with the applicable Service Level Objective set forth in Section 8.2 below.
Licensee must submit a written request to claim a Product Credit no later than thirty (30) days following the event which gives rise to Licensee’s right to request the Product Credit.
Subject to this Section 5, in the event of a Product Outage to any Product, Licensee may be entitled to a Product Credit in accordance with the applicable Product Availability Level Objective set forth in Section 5.2 below.
If the total minutes of Product Outage in any month exceeds the number of minutes or hours set forth in the table below, Licensee shall be entitled to a Product Credit equal to the percentage of the applicable MRC set forth in the following table: Quality Level Product Availability Objective Measurement Timeframe Product Credit Cumulative Duration of Product Outage(s) % of MRC On-Net - Level A Access 1 Product Availability 99.9% One Month 0 to 43.2 mins.