Common use of Non-Recurring Credits Clause in Contracts

Non-Recurring Credits. The Company will waive the one-time installation and other non-recurring standard charges associated with the implementation of Network Access service under this option. The Customer will receive 3 credits each equal to $15,000 applied against the Customer’s Company service usage in Months 6, 18 and 30 of the Term. Payment Arrangements: The Customer must pay for Company service within 30 days of the date of Company’s invoice. Term: 24 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $20,000 in Total Service Charges