Common use of Classifications, Practices and Regulations Clause in Contracts

Classifications, Practices and Regulations. AVC Underutilization and Termination with Liability If Customer’s Total Service Charges do not reach the AVC in any Contract Year during the Term, Customer shall pay an “Underutilization Charge” equal to 75% of the unmet AVC. If: (a) Customer terminates this Agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this Agreement for Cause pursuant to the Section entitled “Termination; Disconnection Notice,” then Customer will pay, within thirty (30) days after such termination an amount equal to 75% of the unsatisfied AVC remaining during the year of termination, and for each subsequent Contract Year remaining in the Term. Customer will receive a credit of $110,000.00 to be applied against a Customer an account mutually agreed upon by the Customer and the Company.

Classifications, Practices and Regulations. AVC Underutilization and Termination with Liability If Customer’s Total Service Charges do not reach the AVC in any Contract Year during the Term, ; Customer shall pay an “Underutilization Charge” equal to 75% of the unmet AVC. If: (a) Customer terminates this Agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this Agreement for Cause pursuant to the Section entitled “Termination; Disconnection Notice,” then Customer will pay, within thirty (30) days after such termination an amount equal to 75% of the unsatisfied AVC remaining during the year of termination, and for each subsequent Contract Year remaining in the Term. Customer will receive a credit of $110,000.00 to be applied against a Customer an account mutually agreed upon by the Customer and the Company.