Monthly Commitment definition

Monthly Commitment has the meaning set forth in Section 3.6.
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Monthly Commitment means the number of monthly Transactions committed in the applicable Order Document.
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Monthly Commitment means the Fees for a Subscription (excluding Fees for Professional Services and Platinum Support or other services set forth in an Order Form) divided by the number of months during the applicable Subscription Term.
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Examples of Monthly Commitment in a sentence

  • Customer must maintain a Minimum Monthly Commitment Level (“MMCL”) of Service.

  • Customer must select a Minimum Monthly Commitment Level (“MMCL”) of Local Usage minutes for RAS Private Dial service.

  • Idea Stage is 0.50% Startup Stage is 0.40% Growth Stage is 0.30% Expert Performance Level Monthly Commitment Services Compensation** Time: Commit 20 hours.

  • Standard Performance Level Monthly Commitment Services Compensation** Time: Commit 5 hours.

  • Idea Stage is 0.25% Startup Stage is 0.20% Growth Stage is 0.15% Strategic Performance Level Monthly Commitment Services Compensation** Time: Commit 10 hours.

  • Minimum Monthly Commitment: A Minimum Monthly Commitment (MMC) will apply for the duration of the Agreement.

  • Customer may terminate this agreement prior to the Term in the following ways: (1) upon payment to Votacall of the Monthly Commitment Level mul- tiplied by the number of months remaining in the Term and/or for each service location as set forth in the Service Addendum(s); (2) If Customer replaces existing Votacall Services with new Votacall Services so long as the new Term and Monthly Commitment Level is equal or greater than the existing Term and Monthly Commitment Level.

  • Customer acknowledges that the Services are offered to Customer in consideration for the Customer's purchase of the Monthly Commitment Level for those Services for the period beginning with the Service Activation Date and continuing for the Term set forth in the VoIP Service Agreement and/or any applicable Service Addendum(s).

  • This Amendment may terminated by Subscriber the Commitment Period on the last day of any calendar month at least days prior written notice to This Amendment may be terminated by prior written notice to the event any increase in the Monthly Commitment, excluding any increases listed in Section notice termination pursuant to the sentence must be given within days of the increase.

  • Subscriber is an existing LN customer this is Subscriber's Preferred Pricing Materials and Monthly Commitment, fees will be prorated for the month in which the change if the change than on the first of the month.


More Definitions of Monthly Commitment

Monthly Commitment means the Fees for a Cloud Feature Subscription and Platform Metrics set forth in an Order Form, divided by the number of months during the applicable Subscription Term.
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Monthly Commitment. The following Monthly Commitment(s) shall apply to the identified Channel(s) and functionality beginning on the Service Start Date subject to the Additional Terms below: LiveOps Channels and functionality Monthly Commitment Fee Per Unit[1] Unit LiveOps Voice (w/ Saleforce CTI) Per Concurrent/Named User; Per Month LiveOps Chat & Email Per Concurrent/Named User; Per Month LiveOps Social (Facebook, Twitter) Per Concurrent/Named User; Per Month Multichannel Bundle Per Concurrent/Named User; Per Month Technical Services (See the Service Description attached as Schedule #1 for additional details): STANDARD IMPLEMENTATION SERVICES FEE [1] UNIT LiveOps Voice Implementation Per-Instance; One-Time LiveOps Chat & Email Implementation Per-Instance; One-Time LiveOps Social (Facebook/Twitter) Implementation Per-Instance; One-Time ADDITIONAL IMPLEMENTATION SERVICES FEE UNIT [Add as ordered by Customer] A LA CARTE TECHNICAL SERVICES FEE UNIT Technical Services Per Hour Speech Recognition IVR Per Minute Voice Talent Per Hour; One Hour Minimum Recording Studio Per Hour; One Hour Minimum PLATFORM FAILOVER SURCHARGE SERVICES FEE UNIT Platform Inbound Time Per Minute Platform Outbound Time Per Minute ADDITIONAL TERMS:
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Monthly Commitment means Customer’s commitment to achieve at least the number of Concurrent Users per month for the specified Channel(s) and features billed on a Concurrent User basis as identified at the beginning of this Order Form. LiveOps Cloud Platform, LLC
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Monthly Commitment has the meaning set forth in Section 3.6. “Person” means any individual, partnership, limited partnership, joint venture, corporation, limited liability company, limited liability partnership, trust, unincorporated organization or Governmental Authority or any department or agency thereof. “Pre-Service Increase Request” has the meaning set forth in Section 3.9. “Prepaid Transportation Credits” has the meaning set forth in Section 3.6. 3 “Product” means the commodities commonly associated as specialty petroleum products, specifically condensate, natural gasoline, and diluent. Product may also include liquefied petroleum gas commodities such as butane. Product, as designed in this Agreement, does not refer to finished gasoline and diesel products. “Project Capacity” means the aggregate of each system’s total capacity that is made available for Product movements by means of the Project, by either expanding existing pipelines or building new pipelines. “Proportionate Share” means, at any given time, the percentage equal to Shipper’s volume commitment divided by the total volume commitments at such time. “Quarter” means the three (3) calendar month periods, or portion thereof, commencing January 1, April 1, July 1 and October 1 of each year during Term hereof. “Quarterly Volume Commitment” means Shipper’s commitment to ship, or otherwise pay for, each Contract Year of the fifteen (15) year term of this Agreement, at posted Pipeline Tariff Rates as set forth in Exhibit B, which equals a total annual Product volume as determined from Exhibit C. With respect to the required quarterly volume, the volume of Product is equal to: (a) volume per day multiplied by; (b) the number of Days in such Quarter. The Quarterly Volume Commitment will be reduced proportionately for any partial Quarter during the Term. “Representatives” has the meaning set forth in Section 7.1. “Requested Expansion Volume Commitment” has the meaning set forth in Section 6.6. “Shipper Deliveries” means the volume of Product that Shipper as the shipper of record delivered through the Pipeline. “Termination Notice” has the meaning set forth in 5.1. “Tariff” means the intrastate and/or interstate tariffs that set forth the rules, regulations and rates for services on the Pipeline, including supplements thereto and reissues thereof, under which Product is transported through the Pipeline. “Tariff Rates” means the rates set forth in the Tariffs for transportation of Product on the Pipeline. “Term” has th...
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Related to Monthly Commitment

  • Available Commitment means a Lender’s Commitment minus:

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $200,000,000.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Multicurrency Commitment means, with respect to each Multicurrency Lender, the commitment of such Multicurrency Lender to make Revolving Loans, and to acquire participations in Letters of Credit denominated in Dollars and in Agreed Foreign Currencies hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Multicurrency Credit Exposure permitted hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The aggregate amount of each Lender’s Multicurrency Commitment as of the Restatement Effective Date is set forth on Schedule I, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Multicurrency Commitment, as applicable. The aggregate amount of the Lenders’ Multicurrency Commitments as of the Restatement Effective Date is $1,700,000,000.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.