Outage Credit definition

Outage Credit means the quotient achieved by dividing the Base Rent for the month in which the Interruption of Landlord’s Essential Services occurred by 60.
Outage Credit means a credit to be paid to a customer for a period of time when services are not rendered for reasons not caused by the customer, force majeure or without prior publication of scheduled maintenance or service;
Outage Credit means the quotient achieved by dividing the Base Rent of the affected Suite(s) for the month in which the Interruption of Landlord’s Essential Services occurred by 60.

Examples of Outage Credit in a sentence

  • An Outage Credit, if any, will be applied against the charges payable to Inmarsat under these Terms and Conditions and will be expressly indicated on the final invoice to Customer of the calendar year in which Outage Credit applies, for the period of the Outage, or prorated portion thereof, after written request to Inmarsat.

  • Customer’s sole remedy for a failure by Inmarsat to either provide Services by the Due Date or to provide Services during the contracted term for such Services will be for the Customer to request an Outage Credit, as defined in Article 6.

  • The Outage Credit as set forth in this section shall be the sole and exclusive remedy of a Customer in the event of any interruption.

  • A Customer shall be entitled to an Outage Credit upon the Company’s receipt of the Customer’s written request for such Outage Credit.

  • If Vyvx does not receive Customer’s written request within such thirty (30) calendar day period, Customer shall be deemed to waive its right to the Outage Credit.


More Definitions of Outage Credit

Outage Credit means a credit specified and issued in accordance with the terms of Appendices A, B, C and D to this Agreement that is applied to reduce amounts otherwise due from Customer to Company for Services provided under this Agreement. “Parties” means, collectively, Company and Customer.
Outage Credit means the quotient achieved by dividing (A) the monthly Base Rent attributable to the portion of the Datacenter Space affected by the Rent Abatement Event for the month in which the Rent Abatement Event occurred by (B) the actual number
Outage Credit means a credit calculated as provided in the Service Level Agreement attached hereto as Attachment A to be applied against fees owed by Operator to NextG under this Agreement.
Outage Credit means a credit to be paid to a consumer for a period of time when the service is not operating for reasons not caused by the consumer.
Outage Credit is a described and defined in Section 4.0, Service Level Commitment.
Outage Credit means a credit to be paid to a subscriber for a period of time when the service is not operating for reasons not caused by the subscriber;
Outage Credit means a unit equal to one minute of the Servíce Fees payable for a monthly period, calculated by dividing the Servke Fees payable for such monthly period by the number of the minutes in such monthly period. Customer's entitlement to an Outage Credit: