Monthly Availability Percentage definition
Examples of Monthly Availability Percentage in a sentence
In the event of a Failure by Julota to meet the Monthly Availability Percentage set forth above in any calendar month during the Term, Julota shall issue Customer a service credit (“Service Credit”) as follows: 1 Between 97% and 99.8% 2% of the monthly subscription fees paid in the month preceding the Failure.
The Monthly Availability Percentage excludes (1) periods of scheduled maintenance; (2) issues caused by factors outside of Rev’s reasonable control; (3) issues resulting from Customer’s actions or inactions, or the actions or inactions of a third party; or (4) issues that result from Customer’s equipment or third party equipment.
Monthly Availability Percentage Service Credit Percentage Less than 99.5% but equal to or greater than 99.0% 10.0% Less than 99.0% 30.0% Docebo will apply Service Credits only against future payments due from the Company, unless no such future payments are expected to become due, in the then current Term of the applicable Order, in which case, Service Credits shall be applied to a refund, which shall be issued by Docebo reasonably promptly.
Rev will use commercially reasonable efforts to minimize downtime of the Platform and to ensure a Monthly Availability Percentage of 98.0%, except as set forth below.
Monthly Availability Percentage of calendar days in any given month by the product of 24 times 60) in the applicable calendar month, minus the total Outage time for that month, then divided by the total number of minutes.