Availability Credit definition

Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.
Availability Credit means the compensation IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit against a future invoice for the Cloud Service if acquired directly from IBM. If the Cloud Service is acquired from an IBM Business Partner, then IBM will make a rebate directly available to Client.
Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service. “Claim” – means a claim submitted by your Authorized Contact to IBM pursuant to this SLA that a Service Level has not been met during a Contracted Month.

Examples of Availability Credit in a sentence

  • Company will calculate the Service Availability Credit based on the fees for the Service and the percentage of overall individual SHARE user accounts adversely affected.

  • Service Availability Credit requests must include Your account name or account number and the dates and specific times for which You are requesting Service Availability Credits.

  • The total Service Availability Credit due to You for any Account may not exceed fifty percent ( 50%) of the monthly fees charged to that Account during the month for which the Service Availability Credit is to be issued (unless the amount to be credited is less than one dollar ($1.00), in which case the credit amount will be one dollar ( $1.00)).

  • Only one (1) Service Availability Credit is available in any given calendar month.

  • To request a Service Availability Credit, (i) Your Account must be in good standing with Company, (ii) You must open a technical support ticket in the administrative control panel reporting an apparent Service interruption within seventy-two ( 72) hours of the event, and (iii) You must send an email or written Service Availability Credit request to Company’s billing department in the month immediately following the month for which You are requesting a Service Availability Credit.


More Definitions of Availability Credit

Availability Credit means the compensation IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit against a future invoice for the Cloud Service.
Availability Credit has the meaning set forth on Exhibit D.
Availability Credit means the compensation IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit against a future invoice for the Cloud Service if acquired directly from IBM. If the Cloud Service is acquired from an IBM Business Partner, then IBM will make a rebate directly available to you.
Availability Credit means the remedy INNOQUANT will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.
Availability Credit means an agreed to amount of Client's MRC for services purchased, with the exception of professional services, application services and support services. "Authorized Program Analysis Report Process (APAR)" shall be defined as the process by which a Client will request modifications to the Service and DI shall communicate the effort required to implement such requested modifications.
Availability Credit means an amount equal to five percent (5%) of monthly recurring charges for Managed Hosting Services. Such credits are available when the services provided for the affected devices are less than the Monthly Availability Percentage.
Availability Credit means an amount equal to 10% of Authority’s Monthly