Quarterly Charges definition
Examples of Quarterly Charges in a sentence
Quarterly Charges Means Charges due and owing in any quarter during the Term, including, to the extent applicable, payments for Services.
In the event that any change(s) in Laws results in an increase of ten percent (10%) or more in the estimated average Quarterly Charges, then OCA may, within one hundred eighty (180) days of such aggregate increase being attained and upon at least ninety (90) days prior notice to Contractor, terminate this Agreement in its entirety or the impacted Services as of the termination date specified in the notice.
In the event that any change(s) in Laws results in an increase of ten percent (10%) or more in the estimated average Quarterly Charges, then AOC may, within one hundred eighty (180) days of such aggregate increase being attained and upon at least ninety (90) days prior notice to Contractor, terminate this Agreement in its entirety or the impacted Services as of the termination date specified in the notice.
Costs described in the proviso to the preceding sentence that are incurred by Seller shall be included in (i) the first Monthly Estimated Charge invoice, if incurred prior to the date of such invoice, or (ii) the Actual Quarterly Charges invoice relating to the Reference Quarter in which such costs are incurred.
Levy of penalties is without prejudice to other rights and remedies available under this agreement: Committed SLA>=99.95 % -NIL- >=99.45% but <99.95% 7.5% of Quarterly Charges >=98.95% but <99.45% 15 % of Quarterly Charges >=98.45% but <98.95% 20% of Quarterly Charges >=97.95% but <98.45% 25 % of Quarterly Charges <97.95 % 30 %of Quarterly charges and LIC also reserves the right to terminate the contract.
For greater certainty, it is agreed by the parties that Microcell is forever released of its obligation to pay the Minimum Quarterly Charges set forth in Section 7.2, including the Minimum Quarterly Charges of November 15, 2001 and February 15, 2002.
The total estimated Quarterly Charge for a given period is equal to the sum of the estimated Quarterly Charges for each Insurance Charge Allocation.
Billing Interval : Quarterly Charges for Connection Services : As made or amended under clause 10.2(a)(ii of the Standard Conditions.
Billing Interval : Quarterly Charges for Connection Services : As made or amended under Charges for Disconnection Services : As made or amended under Charges for Extra Meter Reading Services : As made or amended under Charges for Meter Testing Services : As made or amended under On-Supply Charge : $[ ] per ML of the Customer’s Allocation.
The Minimum Quarterly Charges are however cumulative during the term of this Agreement; therefore, Microcell shall not be required to pay NSCO, in a specific Term, any charge, fee or other compensation in excess of the Minimum Quarterly Charge until NSCO has rendered to Microcell services in an amount exceeding the total of the Minimum Quarterly Charges paid by Microcell up to that specific Quarterly Term.