Minimum Commitment definition

Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

Minimum Commitment has the meaning set forth in Section 4.1.

Minimum Commitment has the meaning specified therefor in Section 2.3(a) of this Agreement.

Examples of Minimum Commitment in a sentence

• It is understood and agreed between the Parties that any payments made during the Term that exceeded the Minimum Commitment or Monthly Subscription Charge shall not apply to, or in any way be credited against, any other, past or present payments of Minimum Commitment or Monthly Subscription Charge or the overall shortfall amount during the Term.

• Usual price will apply after the Minimum Commitment Period unless otherwise specified in the Application.

• Without prejudice to section 2.2(e), in the event You have agreed to a Minimum Commitment and You do not meet it in any given month, quarter or year (as applicable) You shall pay the shortfall equal to the difference between the Minimum Commitment less any actual usage made by You during that particular period.

• Citizens is entitled to increase or decrease the number of Authorized Users on an as-requested basis; provided, however, that Citizens agrees to maintain the Minimum Commitment unless the Parties otherwise agree to adjust the Minimum Commitment through an amendment to Exhibit A.

• Terms of Tier IV VIP—Shippers who enter into a Tier IV VIP agreement for the Minimum Commitment for volumes in excess of 1,200,000,000 pounds annually with a minimum term of one (1) year will pay the VIP rate set forth in Table 5.

More Definitions of Minimum Commitment

Minimum Commitment means $10,000,000.

Minimum Commitment shall have the meaning ascribed to such term in Section 13.1(b) hereof.

Minimum Commitment means sixty percent (60%) of the Initial Commitment.

Minimum Commitment means the minimum monthly usage commitment stated on ATTACHMENT A. The calculation to determine whether Customer has met the MINIMUM COMMITMENT shall be based on Customer's invoiced NET USAGE.

Minimum Commitment means One Hundred Twenty Million Dollars ($120,000,000), which is the minimum amount of On-Net Telecommunications Services in United States dollars to be purchased by WinStar pursuant to the terms hereof prior to the expiration of the fifth anniversary of the Effective Date. Such amount is included in the Contract Price.

Minimum Commitment means $5,000,000.

Minimum Commitment means the minimum monthly usage commitment stated on Attachment A. The calculation to determine whether Customer has met the Minimum Commitment shall be based on Customer's invoiced Net Usage.