Common use of Reduction of Fee Clause in Contracts

Reduction of Fee. If the annual uptime of Hosted Services in a full calendar year is less than 99.5% but greater than 98.0%, Client will receive credit of 10% of what has been paid for Hosting Services in that calendar year. If the annual uptime of Hosted Services in a full calendar year is less than 98%, Client will receive credit of 20% of what has been paid for Hosting Services in that calendar year.