Token Price definition
Examples of Token Price in a sentence
For each Application Workload used through a Subscription, the Subscription Fee shall be calculated by multiplying the Token Price by the quantity of Tokens specified in the Subscription column of Schedule A for the relevant Application.
For each Application Workload used on a Consumption basis, the Consumption Fee shall be calculated by multiplying together the following: the Token Price, the applicable Token Rate, and the Consumption Time for such Application Workload.
The Subscription Fees, Consumption Fees, Token Price and Token Rate for third party applications that may be available on the Platform are priced independently.
Grass Valley may unilaterally increase either the Platform Access Fee, any Subscription Fee, the Consumption Fees, the Token Price and/or the Token Rates not more than one time per twelve (12) month period upon ninety (90) days prior notice to Managed Service Provider.
By way of a non-limiting example, if Customer were to Order a Subscription for four (4) Application Workloads of a particular Application having a Token quantity of twenty (20) and the Token Price is One Dollar ($1.0), the Subscription Fee for such Subscription would be Eighty Dollars ($80) for the remainder of the calendar month following the Order date.