Examples of Service Level Failure in a sentence
Service Level Credits are not compounding and shall be limited to a maximum of twelve percent (12%) of the pro-rated portion of the Annual Subscription Fees paid by Organization for the Services applicable to the calendar month in which the Service Level Failure occurred (and in no event shall the total Service Level Credits due to Organization in any twelve (12) month period exceed 12% of the Annual Subscription Fees).
In the event of a Service Level Failure, Xxxxxx shall issue a credit to Organization in the amounts set out in the table below (a "Service Level Credit(s)"), provided however, that Xxxxxx has no obligation to issue any Service Level Credit unless Organization: (i) reports the Service Level Failure to Xxxxxx immediately on becoming aware of it; and (ii) requests such Service Level Credit in writing within forty five (45) days of the Service Level Failure.
This Part A sets forth Xxxxxx’ obligation and liability and Organization’s sole remedy for any Service Level Failure.