Ramp Period definition
Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).
Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of three (3) months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC.
Ramp Period is the period of time over which (on the basis of the Ramp Rate permitted in paragraph 6.2) such change occurs.
Examples of Ramp Period in a sentence
Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC.
The Initial Subscription Term shall begin upon the end of such Ramp Period.
This payment covers the minimum commitments for the Subscription Term, beginning upon the end of the Ramp Period.
Unless the Services Order provides for a different payment term, such payment shall be due within thirty (30) days of the Effective Date, regardless of whether or not a Ramp Period applies.
After the Ramp Period, the monthly subscription represents a minimum billing amount, which will be billed in advance of each month.
More Definitions of Ramp Period
Ramp Period shall begin on the 4th Amendment Effective Date and continue for a period of 4 months following the 4th Amendment Effective Date. Commencing with the 4th Amendment Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will be subject to the Ramp Period Minimum of $632,000.00 (“Ramp Period Minimum”). If, during the Ramp Period, Customer's Total Service Charges do not meet or exceed the Ramp Period Minimum, then Customer shall pay: (a) all accrued but unpaid charges incurred under this Agreement; and (b) an "Underutilization Charge" in an amount equal to one hundred percent (100%) of the difference between the Ramp Period Minimum and Customer's Total Service Charges during the Ramp Period. Annual Volume Commitment (“AVC”): $2,000,000 in Total Service Charges (“AVC”) during each contract year of the Term. Commencing on the 4th Amendment Effective Date and for the remainder of the Term, Xxxxxxxx’s new AVC will be $1,580,000 in Total Service Charges, following the expiration of the Ramp Period. Customer will pay pro rata portion of the AVC for any partial contract year. Commencing on the 8th Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $1,025,000.00 in Total Service Charges. Commencing on the 13th Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $683,333.33 in Total Service Charges. During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) of the AVC. Commencing on the 14th Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $230,000 in Total Service Charges.
Ramp Period shall begin on the Effective Date and continue for a period of 2 Ramp Period months, following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. The Agreement will be automatically extended (“Extended Term”) on a month-to-month basis upon the expiration of the Initial Term, unless either party has delivered written notice of its intent to terminate the Agreement at least 60 days prior to the end of the Initial Term. Either party may terminate this Agreement during the Extended Term upon sixty (60) days prior written notice. Term shall mean the Initial Term and the Extended Term.
Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of nine (9) months following the Effective Date. Year 1: $240,000, following the expiration of the Ramp Period Year 2: $280,000 Year 3: $360,000 In the event of a partial Contract Year, the AVC shall be prorated over the number of months remaining in such partial Contract Year. During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) of the AVC. Commencing on the 3rd Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $300,000 in Total Service Charges, or a pro rata portion thereof for any partial contract year.
Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of three (3) months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $5,000.00 in Total Service Charges during each Contract Year (the “AVC”). Commencing on the 6th Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $175,000.00 in Total Service Charges, or a pro rata portion thereof for any partial Contract Year. Commencing on the 2nd Amendment Effective Date, the Customer’s minimum AVC will be $175,000 in Total Service Charges, or a pro rata portion thereof for any partial Contract Year. A “Contract Year” means each consecutive twelve-month period of the Term starting on the expiration of the Ramp Period. During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed 1/12th of the AVC.
Ramp Period. The Ramp Period shall begin on the 2nd Amendment Effective Date and continue for a period of 12 months following the 2nd Amendment Effective Date. Commencing with the 2nd Amendment Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will be subject to the AVC of $140,000.00 during the 12 month Ramp Period. Minimum Annual Volume Commitment (“AVC”): $84,000.00 in Total Service Charges (“AVC”) during each contract year of the Term. Commencing on the 1st Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $104,000.00 in Total Service Charges, or a pro rata portion thereof for any partial contract year. Commencing on the 7th Amendment Effective Date and for the remainder of the Term, Xxxxxxxx’s new AVC will be $450,000.00 in Total Service Charges following the expiration of the Ramp Period.
Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of six (6) months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $133,000.00 in Total Service Charges (“AVC”) during each contract year of the Term following the expiration of the Ramp Period. As of the 1st Amendment Effective Date, Customer’s AVC is $150,000 for the current contract year and any subsequent contract year(s).
Ramp Period means that period beginning on the Commercial Launch Date (when Client begins presenting new HSI Subscribers with the Client Branded Portal and e-mail services as a default in the modem installation process) and ending on June 30, 2011 (except as otherwise provided in Section 4.a.(iii), below).