Minimum Spend Commitment definition

Minimum Spend Commitment or “MSC” has the meaning set forth in Section 9.1(a).
View Source
Minimum Spend Commitment means the Annual Minimum Spend Commitment and the Total Minimum Spend Commitment as applicable.
View Source
Minimum Spend Commitment means the minimum amount of fixed monthly charges that must be incurred by a Customer Device as determined by the type of Rate Plan to which a Customer Device is subscribed, as more particularly described in subsection 2 of Section D,
View Source

Examples of Minimum Spend Commitment in a sentence

  • For clarity, the following provisions of this Agreement will not survive the termination or expiration of this Agreement for the purposes of any SOW that remains in effect after such termination or expiration: Section 10.5 (Performance Review), Article 7 (Continuous Improvement), Sections 8.6 (Price Review), 8.7 (Third Party Benchmarking) and 8.8 (Service Level Reviews), and Article 9 (Minimum Spend Commitment).

  • During the Agreement Term and any Device Term, the Customer may change the Rate Plan applicable to a Customer Device as long as the fixed monthly charge of the new Rate Plan is equal to or greater than the applicable Minimum Spend Commitment.

  • The Customer may change the Rate Plan applicable to a Customer Device to a Rate Plan with a fixed monthly charge lower than the applicable Minimum Spend Commitment, as long as the Customer pays TELUS: (i) the outstanding Device Balance at the time of the change and (ii) the charge payable by the Customer for return of any Airtime Credit as described in Section D, as if such Customer Device has been deactivated before the end of the associated Device Term at the time of the change.

  • The Minimum Spend Commitment is determined based on the type of Rate Plan to which a Customer Device is subscribed at the time of the requested Rate Plan change.

  • Where the findings of such review show the Customer has not met the obligation of the Mobile Minimum Spend Commitment, Maintel shall invoice the Customer for the difference (“Termination Fee”) within thirty (30) calendar days of expiry/termination of the Mobile Services provided under this Agreement.

Related to Minimum Spend Commitment

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Initial Commitment means, for any Initial Lender, the obligation of such Initial Lender to make an Initial Loan hereunder, up to the principal amount shown on Schedule 1.01(a). The aggregate amount of the Initial Lenders’ Initial Commitments as of the Closing Date is $150,000,000.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.