Common use of Peak Volume Clause in Contracts

Peak Volume. In the event Customer sends to Broadridge an Image volume exceeding Peak Volume, then the Turnaround Time Commitment shall increase by an additional 50% of the Turnaround Time for that Document Type for every 50% of Peak Volume above Peak Volume or portion thereof beginning with the Corp causing the volume to be in excess of the Peak Volume. The Turnaround Time for all subsequent Corps in excess of the Peak Volume shall also be increased by 50% for every 50% of Peak Volume above Peak Volume until the cumulative total of Image volume in production decreases below the Peak Volume.

Appears in 2 contracts

Sources: Agency Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund), Agency Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund)