Common use of Classifications, Practices and Regulations Clause in Contracts

Classifications, Practices and Regulations. Underutilization Charges: If, in any Contract Year, Customer's Contributing Charges are less than the AVC, then Customer will pay: (1) all accrued but unpaid charges incurred by Customer; and (2) an underutilization equal to fifty percent (50%) of the difference between Customer’s Contributing Charges during such Contract Year and the AVC. Transitional Support Period: There will be no Underutilization Charge applicable during the Transitional Support Period.

Appears in 1 contract

Sources: Amendment 28

Classifications, Practices and Regulations. Underutilization Charges: If, in any Contract Year, Customer's Contributing Charges are less than the AVC, then Customer will shall pay: (1) all accrued but unpaid charges incurred by Customer; and (2) an underutilization Underutilization Charge equal to fifty percent (50%) 75% of the difference between Customer’s 's Contributing Charges during such Contract Year and the AVC. Transitional Support Period: There will be no Underutilization Charge applicable during the Transitional Support Period.

Appears in 1 contract

Sources: Amendment 4