Common use of MINIMUM MONTHLY COMMITMENT Clause in Contracts

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.

Appears in 1 contract

Sources: Data and Private Line Agreement (Valor Telecommunications Services Lp)

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 LIABILITYShortfall 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.

Appears in 1 contract

Sources: Data and Private Line Agreement (Netwolves Corp)