MINIMUM MONTHLY COMMITMENT Sample Clauses

The Minimum Monthly Commitment clause establishes the lowest amount a customer is required to pay each month under a contract, regardless of actual usage or consumption. Typically, this means that even if the customer uses less of the service or product than anticipated, they are still obligated to pay at least the agreed minimum amount. This clause ensures predictable revenue for the provider and protects them from significant fluctuations in customer usage, thereby allocating financial risk and supporting business planning.
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MINIMUM MONTHLY COMMITMENT. Commencing as of the Commitment Commencing Date set forth below and continuing through the Commitment Ending Date below, Customer agrees to maintain each month: (i) the aggregate base rate charges for OC-3c and OC-12c Services (after the application of discounts); and/or (ii) the aggregate base rate charges for Domestic Private Line Service, excluding OC-3c and OC-12c Services (after the application of discounts); and/or (iii) the aggregate base rate charges for Domestic Frame Relay Services (after the application of discounts); and/or (iv) the aggregate base rate charges for International Frame Relay Services (after the application of discounts); and/or (v) the aggregate base rate charges for Domestic ATM Services (after the application of discounts); and/or (vi) the aggregate base rate charges for International Private Line Service (after the application of discounts) (collectively, the "Aggregate Base Rate Charges") as follows: Minimum Monthly Commitment: $1,000,000.00
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MINIMUM MONTHLY COMMITMENT. Commencing as of the Commitment Commencing Date set forth below and continuing through the Commitment Ending Date below, Customer agrees to maintain (i) aggregate monthly Qualifying Charges for Private Line Service (before the application of discounts) and/or (ii) the aggregate base rate charge for Frame Relay Services (before the application of discounts) (COLLECTIVELY THE "AGGREGATE BASE RATE CHARGE") as follows: MINIMUM MONTHLY COMMITMENT: $55,000.00 Based on the Customer's monthly Qualifying Charges before the application of discounts)
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MINIMUM MONTHLY COMMITMENT. A. Minimum Monthly Commitment ("MMC") is the amount of Services that Customer commits to purchase during each month of the Term. Customer's MMC is stated in Attachment A. B. MMC SHORTFALL LIABILITY. If Customer fails to meet its MMC, unless caused by Sprint's material failure to perform under this Agreement, Customer will pay Sprint, in Proprietary Information HIGHLY RESTRICTED addition to other applicable charges, the difference between the MMC and Customer's actual MMC Contributory Service Usage Charges for each month in which Customer does not achieve the MMC.
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MINIMUM MONTHLY COMMITMENT. Commencing as of the Commitment Commencement Date set forth below and continuing through the Commitment Ending Date below, NETWORKTWO agrees to maintain each month base rate charges for domestic ATM Services (before the application of discounts) (collectively the "Base Rate Charges") equal to at least the Minimum Monthly Commitment set forth below: Minimum Monthly Commitment: $ 0 for each month in calendar year 1998 $200,000 for each month in calendar year 1999 $300,000 for each month in calendar years 2000 and 2001 (Based on NETWORKTWO's actual monthly Base Rate Charges for Service before the application of discount and/or factored credits as set forth in Paragraph 7 below.) NETWORKTWO will be excused from further Minimum Monthly Commitments when its aggregate payments to SPLITROCK under this Agreement is equal to or exceeds $11 million.
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MINIMUM MONTHLY COMMITMENT. Commencing as of the Commitment Commencing -------------------------- Date set forth below and continuing through the Commitment Ending Date below, Customer agrees to maintain each month: (i) the aggregate base rate charges for Domestic Private Line Service(before the application of discounts) and/or (ii) the aggregate base rate charges for Domestic Frame Relay Services (before the application of discounts) and/or (iii) the aggregate base rate charges for Domestic ATM Services (before the application of discounts) (collectively the "Aggregate Base Rate Charges") as follows: MINIMUM MONTHLY COMMITMENT: $230,000.00 (Based on Customer's actual monthly Aggregate Base Rate Charges before the application of discounts.)
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Related to MINIMUM MONTHLY COMMITMENT

  • Minimum Commitment If for a certain Service a minimum commitment has been determined in the Agreement, the Customer guarantees to respect the minimum commitment described in the Agreement during the entire period of the Agreement. If the Customer does not respect this minimum commitment, the Customer shall pay the compensation mentioned in the Agreement. If no compensation has been mentioned in the Agreement, the Customer has to pay the applicable Charges for the respective Service, or the average of the applicable Charges if different Charges are applied for the respective Service, per missing number of its minimum commitment. Services that are timely cancelled by the Customer or Services for which the Customer has paid a cancellation fee , do not, even not partly, release the Customer from its obligation to respect the minimum commitment . Services cancelled as due to Force Majeure and Services cancelled by Lineas for other reasons than Force Majeure, will be considered as a Services ordered and paid for by the Customer. Services cancelled by the Customer or by Lineas because of holidays do not, even not partly, release the Customer from its obligation to respect its minimum commitment.

  • Time Commitment The Advisor shall, and shall cause its Affiliates and their respective employees, officers and agents to, devote to the Company such time as shall be reasonably necessary to conduct the business and affairs of the Company in an appropriate manner consistent with the terms of this Agreement. The Company acknowledges that the Advisor and its Affiliates and their respective employees, officers and agents may also engage in activities unrelated to the Company and may provide services to Persons other than the Company or any of its Affiliates.

  • Maximum Commitment The maximum aggregate amount payable by NYSERDA to the Contractor shall be the amount appearing at Item 5 of page one of this Agreement. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work.

  • Revolving Committed Amount If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower shall immediately prepay the Revolving Loans and Swingline Loans and (after all Revolving Loans and Swingline Loans have been repaid) Cash Collateralize the LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vii) below).

  • Part-Time Commitment The Hospital shall not refuse to accept an offer from an employee to make a written commitment to be available for work on a regular predetermined basis solely for the purpose of utilizing casual employees so as to restrict the numbers of regular part-time employees.