Term Volume Commitment Sample Clauses

Term Volume Commitment. Commencing on the 4th Amendment Effective Date the Customer agrees to pay the Company no less than $2,700,000 in Total Service Charges during the Term, (“TVC”) in lieu of any AVC Commitments. Commencing on the 8th Amendment Effective Date, Customer’s TVC requirement (set forth above) is replaced with an AVC requirement (set forth below):
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Term Volume Commitment. The Customer's Total Service Charges for Access and Private IP service must equal or exceed $20,000 during the Term (TVC). Commencing on the 18th Amendment Effective Date, Customer’s TVC requirement (set forth above) is replaced with an AVC requirement (set forth below): AVC Commitment: Commencing on the 18th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $540,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Contract Year is defined as a consecutive twelve month period of the Initial Term starting on the 18th Amendment Date.
Sample 1Sample 2
Term Volume Commitment. Commencing on the 12th Amendment Effective Date the Customer agrees to pay the Company no less than $2,000,000 in Total Service Charges during the Term, (“TVC”). Commencing on the 16th Amendment Effective Date, Customer’s AVC requirement (set forth above) is replaced with a TVC requirement (set forth below): TVC Commitment: Commencing on the 16th Amendment Effective Date and in lieu of the AVC commitment, Customer agrees to pay Company $3,300,000 in Total Service Charges during the Initial Term (“TVC”). “Contract Year” is redefined as each 12 month period of the Initial Term commencing on the 16th Amendment Effective Date.
Sample 1
Term Volume Commitment. Commencing on the 12th Amendment Effective Date the Customer agrees to pay the Company no less than $2,000,000 in Total Service Charges during the Term, (“TVC”). Commencing on the 16th Amendment Effective Date, Customer’s TVC requirement (set forth above) is replaced with a TVC requirement (set forth below): TVC Commitment: Commencing on the 16th Amendment Effective Date and in lieu of the AVC commitment, Customer agrees to pay Company $3,300,000 in Total Service Charges during the Initial Term (“TVC”). “Contract Year” is redefined as each 12 month period of the Initial Term commencing on the 16th Amendment Effective Date. Commencing on the 19th Amendment Effective Date, Customer’s TVC requirement (set forth above) is replaced with a TVC requirement (set forth below): TVC Commitment: Commencing on the 19th Amendment Effective Date and in lieu of the AVC commitment, Customer agrees to pay Company $3,900,000 in Total Service Charges during the Initial Term (“TVC”). “Contract Year” is redefined as each 12 month period of the Initial Term commencing on the 19th Amendment Effective Date. TVC Commitment: Commencing on the 22nd Amendment Effective Date and in lieu of the AVC commitment, Customer agrees to pay Company $4,000,000 in Total Service Charges during the Initial Term (“TVC”). “Contract Year” is redefined as each 12 month period of the Initial Term commencing on the 19th Amendment Effective Date.
Sample 1
Term Volume Commitment. Customer agrees to pay Company no less than $3,300,000.00 in Total Service Charges during the Initial Term (the “TVC”). During each twelve-month period of the Renewal Term, if any, Customer agrees to pay Company no less than $1,100,000 in Total Service Charges ("Renewal Term AVC"). Commencing on the 3rd Amendment Effective Date, Customer’s TVC requirement (set forth above) is replaced with an AVC requirement (set forth below): AVC Commitment: Commencing on the 3rd Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $0 in Total Service Charges (“AVC”) during each Contract Year of the Term
Sample 1
Term Volume Commitment. Commencing on the 13th Amendment Effective Date and in lieu of the AVC commitment, Customer agrees to pay Company $4,000,000 in Total Service Charges during the Initial Term (“TVC”) Commencing on the 20th Amendment Effective Date the new TVC is $5,000,000 in Total Service Charges during the Initial Term (“TVC”).
Sample 1

Related to Term Volume Commitment

  • Time Commitment The Advisor shall, and shall cause its Affiliates and their respective employees, officers and agents to, devote to the Company such time as shall be reasonably necessary to conduct the business and affairs of the Company in an appropriate manner consistent with the terms of this Agreement. The Company acknowledges that the Advisor and its Affiliates and their respective employees, officers and agents may also engage in activities unrelated to the Company and may provide services to Persons other than the Company or any of its Affiliates.

  • Part-Time Commitment The Hospital shall not refuse to accept an offer from an employee to make a written commitment to be available for work on a regular predetermined basis solely for the purpose of utilizing casual employees so as to restrict the numbers of regular part-time employees.

  • Maximum Commitment The maximum aggregate amount payable by NYSERDA to the Contractor shall be the amount appearing at Item 5 of page one of this Agreement. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Service Level Commitment IBM provides the following service level commitment (“SLA”) for the Cloud Service, after IBM makes the Cloud Service available to you.

  • EXTENSION OF USE COMMITMENT The Contractor agrees to honor all orders from State Agencies, political subdivisions and others authorized by law (see Section 25 Extension of Use) which are in compliance with the pricing, terms, and conditions set forth in the Contract. Any unilateral limitations/restrictions imposed by the Contractor on eligible Authorized Users will be grounds for cancellation of the Contract.

  • Service Commitment Newly hired nurses and currently employed nurses who voluntarily choose to relocate and receive a relocation allowance may be required to serve for a minimum of two years at their base before they will be considered for transfer to another base. This commitment will not apply when the employer and nurse mutually agree to waive it and when relocation occurs as a result of layoff/rehire.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Line Outage Costs Notwithstanding anything in the NYISO OATT to the contrary, the Connecting Transmission Owner may propose to recover line outage costs associated with the installation of Connecting Transmission Owner’s Attachment Facilities or System Upgrade Facilities or System Deliverability Upgrades on a case-by-case basis.

  • STAFF COMMITMENT 23. If this Settlement Agreement is accepted by the Hearing Panel, Staff will not initiate any proceeding under the By-laws of the MFDA against the Respondent in respect of the facts set out in Part IV and the contraventions described in Part V of this Settlement Agreement, subject to the provisions of Part IX below. Nothing in this Settlement Agreement precludes Staff from investigating or initiating proceedings in respect of any facts and contraventions that are not set out in Parts IV and V of this Settlement Agreement or in respect of conduct that occurred outside the specified date ranges of the facts and contraventions set out in Parts IV and V, whether known or unknown at the time of settlement. Furthermore, nothing in this Settlement Agreement shall relieve the Respondent from fulfilling any continuing regulatory obligations.

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