LONG TERM CONTRACT DISCOUNT PRICING SCHEME Sample Clauses

LONG TERM CONTRACT DISCOUNT PRICING SCHEME. 3.1 Subject to Clause 3.2, the following discount pricing scheme shall apply to the Monthly Recurring NC Charges for L2 VPN Service, L3 VPN Service and E-LAN Service (the “Discount Pricing Scheme”): Service Minimum Term Discount L2 VPN Connection, EPL- Gigabit Connection & L2 VPN Service Port 24 months’ contract term for each Connection or Service Port 5% discount off the Monthly Recurring NC Charge which is applicable to a Connection/Service Port on 12 months’ contract term as set out in the NC ICO. L3 VPN Connection & L3 VPN Service Port E-LAN Connection & E-LAN Service Port For the avoidance of doubt, the said 5% discount shall apply for the entire 24 months’ contract term. L2 VPN Connection, EPL- Gigabit Connection & L2 VPN Service Port 36 months’ contract term for each Connection or Service Port 10% discount off the Monthly Recurring NC Charge which is applicable for a Connection/Service Port on 12 months’ contract term as set out in the NC ICO. L3 VPN Connection, & L3 VPN Service Port E-LAN Connection & E-LAN Service Port For the avoidance of doubt, the said 10% discount shall apply for the entire 36 months’ contract term.
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LONG TERM CONTRACT DISCOUNT PRICING SCHEME. 3.1 Subject to Clause 3.2, the following discount pricing scheme shall apply to the Monthly Recurring NC Charges for L2 VPN Service, L3 VPN Service and E-LAN Service (the “Discount Pricing Scheme”): Service Minimum Term Discount L2 VPN Connection, EPL- Gigabit Connection & L2 VPN Service Port 24 months’ contract term for each Connection or Service Port 5% discount off the Monthly Recurring NC Charge which is applicable to aConnection/Service Port on 12 months’ contract term as set out in the NC ICO. L3 VPN Connection & L3 VPN Service Port E-LAN Connection & E-LAN Service Port L2 VPN Connection, EPL- Gigabit Connection & L2 VPN Service Port 36 months’ contract term for each Connection or Service Port 10% discount off the Monthly Recurring NC Charge which is applicable to a Connection/Service Port on 12 months’ contract term as set out in the NC ICO. L3 VPN Connection, & L3 VPN Service Port E-LAN Connection & E-LAN Service Port Terms & Conditions:

Related to LONG TERM CONTRACT DISCOUNT PRICING SCHEME

  • Requesting Price Increase/Required Documentation Contractor must submit a written notification at least thirty (30) calendar days prior to the requested effective date of the change, setting the amount of the increase, along with an itemized list of any increased prices, showing the Contractor’s current price, revised price, the actual dollar difference and the percentage of the price increase by line item. Price change requests must include H-GAC Forms D Offered Item Pricing and E Options Pricing, or the documentation used to submit pricing in the original Response and be supported with substantive documentation (e.g. manufacturer's price increase notices, copies of invoices from suppliers, etc.) clearly showing that Contractor's actual costs have increased per the applicable line item bid. The Producer Price Index (PPI) may be used as partial justification, subject to approval by H-GAC, but no price increase based solely on an increase in the PPI will be allowed. This documentation should be submitted in Excel format to facilitate analysis and updating of the website. The letter and documentation must be sent to the Bids and Specifications manager, Xxxxxxx Xxxxxx, at Xxxxxxx.Xxxxxx@x-xxx.xxx Review/Approval of Requests If H-GAC approves the price increase, Contractor will be notified in writing; no price increase will be effective until Contractor receives this notice. If H-GAC does not approve Contractor’s price increase, Contractor may terminate its performance upon sixty (60) days advance written notice to H-GAC, however Contractor must fulfill any outstanding Purchase Orders. Termination of performance is Contractor’s only remedy if H-GAC does not approve the price increase. H-GAC reserves the right to accept or reject any price change request.

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