Common use of Rebate Calculation Clause in Contracts

Rebate Calculation. Service Provider's Blended Rate shall be equal to the ------------------ weighted average of the Standard Rate for Satellite Minutes during the applicable period. The "applicable period" shall mean the period between the billing cycle immediately following Service Provider's Satellite Minutes exceeding the prior price breakpoint and the billing cycle immediately following Service Provider's Satellite Minutes exceeding the current price breakpoint. Service Provider shall, within thirty (30) days of a written request therefor, reimburse INA for the full amount of any rebate credited hereunder which should not have been credited to Service Provider as the result of any re-calculation, for any reason, of the total amount of Service Provider's Satellite Minutes. INA shall apply a rebate or reimbursement of a rebate to Service Provider's invoice for the billing cycle following of the close of the billing cycle in which the commitment is exceeded or the recalculation is made.

Appears in 1 contract

Sources: Service Provider Agreement (U S Digital Communications Inc)

Rebate Calculation. Service Provider's Blended Rate shall be equal to ------------------ the ------------------ weighted average of the Standard Rate for Satellite Minutes during the applicable period. The "applicable period" shall mean the period between the billing cycle immediately following Service Provider's Satellite Minutes exceeding the prior price breakpoint and the billing cycle immediately following Service Provider's Satellite Minutes exceeding the current price breakpoint. Service Provider shall, within thirty (30) days of a written request therefor, reimburse INA for the full amount of any rebate credited hereunder which should not have been credited to Service Provider as the result of any re-calculation, for any reason, of the total amount of Service Provider's Satellite Minutes. : INA shall apply a rebate or reimbursement of a rebate to Service Provider's invoice for the billing cycle following of the close of the billing cycle in which the commitment is exceeded or the recalculation is made.

Appears in 1 contract

Sources: Iridium Service Provider Agreement (U S Digital Communications Inc)