Common use of AVC Commitment Clause in Contracts

AVC Commitment. Commencing on the 6th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $3,200,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Contract Year is defined as a consecutive twelve month period of the Initial Term starting on the 6th Amendment Date.

Appears in 1 contract

Sources: Amendment 6

AVC Commitment. Commencing on the 6th 26th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $3,200,000 700,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Contract Year is defined as a consecutive twelve month period of the Initial Term starting on the 6th 26th Amendment Date.

Appears in 1 contract

Sources: Amendment 28

AVC Commitment. Commencing on the 6th 29th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $3,200,000 2,500,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Annual Volume Commitment: Contributing Charges incurred during each Contract Year is defined as a consecutive twelve month period of during the Initial Term starting on by Customer, Affiliates who purchase Services under the 6th Amendment DateAgreement and by Eligible Participants who purchase Services under the Agreement through signed Participation Agreements to the Agreement must collectively equal or exceed $4,422,000.00 (“Annual Volume Commitment” or “AVC”).

Appears in 1 contract

Sources: Amendment 28