Volume Commitment. Grass Valley’s may offer an annual volume commitment mechanism, where the Customer agrees to purchase specific volume of Tokens in exchange of discount (Volume Committed Spend). Unless otherwise specified in Grass Valley’s proposal (i) the entirety of the purchased Tokens will be available to Customer upon placing an applicable Order, or (ii) Grass Valley will invoice the amount of the Volume Committed Spend in equal instalments over the Term.
Appears in 3 contracts
Sources: Software as a Service Agreement, Software as a Service Agreement, Software as a Service Agreement