Common use of Single/Panel Redundant-Level 1 Power Failure Clause in Contracts

Single/Panel Redundant-Level 1 Power Failure. In the event any Single/Panel Redundant-Level 1 Power Failure occurs on any particular day, then, {A) with respect to each Panel Redundant Circuit (if any) that is the subject of the. Single/Panel Redundant-Level 1 Power Failure, Customer’s pro rata Monthly License Fees for the affected Individual Space for that particular day shall be partially abated by the Daily Circuit Abatement Amount, and (B) with respect to each Single Circuit (if any) that is the subject of the Single/Panel Redundant-Level 1 Power Failure, Customer’s pro rata Monthly License Fees for the affected Individual Space for that particular day shall be partially abated by the Single Circuit Daily Abatement Amount (as defined below). The “Single Circuit Daily Abatement·Amount” is defined as ***.

Appears in 2 contracts

Sources: Master License and Service Agreement (Five9, Inc.), Master License and Service Agreement (Five9, Inc.)