Recurring Fee definition
Examples of Recurring Fee in a sentence
The Wavelength Service Availability Credit shall be equal to 1% of the Monthly Recurring Fee for Wavelength Service for the respective month for every 0.1% (or portion thereof) that the Service Availability falls below the Wavelength Service Availability Target.
The Network Availability Credit shall be equal to 2% of the Monthly Recurring Fee for IP Connectivity for the respective month for every 1% (or part thereof) that the Network Availability falls below the Network Availability Target.
The Leaseweb Cloud Connect Availability Credit shall be equal to 1% of the Monthly Recurring Fee for Leaseweb Cloud Connect for the respective month for every 1% (or part thereof) that the Leaseweb Cloud Connect Availability falls below the Leaseweb Cloud Connect Availability Target.
The DDoS IP Protection shall be equal to 2% of the Monthly Recurring Fee for DDoS IP Protection for the respective month for every 1% (or part thereof) that the DDoS IP Protection Availability falls below the DDoS IP Protection Target.
We will provide software maintenance for the software we license to you to connect to the Reservation System if your Recurring Fee payments are up to date.