Common use of Determination of Consumption Fees Clause in Contracts

Determination of Consumption Fees. Consumption Fees shall be determined based on Application Workloads that, when Used, have the Status of running (e.g., on). For each Application Workload used on a Consumption basis, the Consumption Fee shall be calculated by multiplying together the following: the Token Price, the applicable Token Rate, and the Consumption Time for such Application Workload. By way of a non-limiting example, if the Token Price is One Dollar ($1.0), the Token Rate is two (2) Tokens per hour, and Customer uses (3) hours of Consumption Time of two (2) Application Workloads of an Application, the Consumption Fee would be Twelve Dollars ($12).

Appears in 3 contracts

Samples: Software as a Service Agreement, Software as a Service Agreement, Software as a Service Agreement

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Determination of Consumption Fees. Consumption Fees shall be determined based on Application Workloads that, when Used, have the Status of running (e.g., on). For each Application Workload used on a Consumption basis, the Consumption Fee shall be calculated by multiplying together the following: the Token Price, the applicable Token Rate, and the Consumption Time for such Application Workload. By way of a non-limiting example, if the Token Price is One Dollar ($1.0), the Token Rate is two (2) Tokens per hour, and Customer Managed Service Provider uses (3) hours of Consumption Time of two (2) Application Workloads of an Application, the Consumption Fee would be Twelve Dollars ($12).

Appears in 3 contracts

Samples: Software as a Service Agreement, Software as a Service Agreement, Software as a Service Agreement

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Determination of Consumption Fees. Consumption Fees shall be determined based on Application Workloads that, when Used, have the Status of running (e.g., on). For each Application Workload used on a Consumption basis, the Consumption Fee shall be calculated by multiplying together the following: the Token Price, the applicable Token Rate, and the Consumption Time for such Application Workload. By way of a non-limiting example, if the Token Price is One Dollar ($1.0), the Token Rate is two (2) Tokens per hour, and Customer Advanced Channel Partner uses (3) hours of Consumption Time of two (2) Application Workloads of an Application, the Consumption Fee would be Twelve Dollars ($12).

Appears in 2 contracts

Samples: Software as a Service Agreement, Software as a Service Agreement

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