AVC Commitment. Commencing on the 29th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $2,500,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Annual Volume Commitment: Contributing Charges incurred during each Contract Year during the Initial Term by Customer, Affiliates who purchase Services under the Agreement and by Eligible Participants who purchase Services under the Agreement through signed Participation Agreements to the Agreement must collectively equal or exceed $4,422,000.00 (“Annual Volume Commitment” or “AVC”).
AVC Commitment. Commencing on the 10th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $2,600,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Contract Year is defined as a consecutive twelve month period of the Initial Term starting on the 10th Amendment Date. Commencing on the 12th Amendment Effective Date and for the remainder of the Term, Xxxxxxxx’s new AVC will be as follows in Total Service Charges, or a pro rata portion thereof for any partial contract year: First Contract Year $2,600,000.00 Second Contract Year $2,600,000.00 Third Contract Year $2,600,000.00 Fourth Contract Year $2,600,000.00 Fifth Contract Year $2,600,000.00 Commencing on the 17th Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $1,000,000 in Total Service Charges.
AVC Commitment. Commencing on the 8th Amendment Effective Date and in lieu of the TVC commitment, Customer agrees to pay Company $1,000,000 in Total Service Charges (“AVC”) during each Contract Year of the Term. Contract Year is defined as a consecutive twelve month period of the Initial Term starting on the 8th Amendment Date.
