Minimum Annual Volume Commitment Sample Clauses

Minimum Annual Volume Commitment. The Customer agrees to pay the Company no less than $1,200,000 in Total Service Charges in each twelve-month period during the Initial Term.
Sample 1
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Minimum Annual Volume Commitment. Customer agrees to pay Verizon no less than [**] Dollars ($[**]) (the “AVC”) in Total Service Charges (defined below) during each twelve-month period after the Effective Date (“Contract Year”). “Total Service Charges” means all charges, after application of all discounts and credits, for the Services, excluding Taxes, Governmental Charges, equipment, Verizon ILEC, Verizon Wireless, Document Delivery Fax, non-recurring charges, goods and services acquired by Verizon as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access provided by Verizon (Type 1), and other charges expressly excluded by this Agreement.
Sample 1
Minimum Annual Volume Commitment. During the Term of this Agreement, Customer agrees to purchase from Corden the Minimum Annual Volume Commitment as defined in the Product Addendum per each such calendar year. In the event that Customer fails to place Purchase Orders to satisfy the Product quantities relating to the Minimum Annual Volume Commitment in each calendar year, Customer shall compensate Corden with the Product Price for the Product corresponding the to the missing quantities from the Minimum Annual Volume Commitment.
Sample 1
Minimum Annual Volume Commitment. 1. For the year 2001, CUSTOMER will buy (and will cause its Affiliates to buy) all domestic voice telecommunications services used to provide long distance mobility service exclusively from AT&T, except that CUSTOMER and its Affiliates may complete Committed OCC Purchases. Committed OCC Purchases are purchases of domestic voice services used to provide long distance mobility service from carriers other than AT&T to the extent such purchases are reasonably necessary to enable CUSTOMER to meet binding revenue or volume commitments to such carriers that were in existence as of October 31, 2000. For each year of the Term, the Minimum Annual Volume Commitment for domestic transport services (MAVC) will be equal to the number of minutes of such use for the year 2001, determined as of December 31, 2001, subject to adjustment each year as described in Section 3.A.2 and in Section 6.B (Benchmarking). 2. If the total minutes of domestic AT&T Former Affiliate Wholesale Service used by CUSTOMER in any year of the Term is less than the MAVC applicable for that year, CUSTOMER will be considered in Shortfall and the difference between the applicable MAVC and the total minutes of domestic AT&T Former Affiliate Wholesale Service used by CUSTOMER in that year will be referred to as the "Shortfall Amount". If CUSTOMER is in Shortfall, the Shortfall Amount will be added to the MAVC for the following year of the Term. If CUSTOMER is in Shortfall for the fifth year of the Term (or for any additional year of the term after the fifth year), CUSTOMER will pay a Shortfall Charge equal to the Shortfall Amount for such year of the Term times $0.01. In the event of a Change of Control of CUSTOMER, the MAVC will be changed to 90% of the total minutes of domestic AT&T Former Affiliate Wholesale Service used by CUSTOMER in the twelve full billing months immediately preceding the Change of Control and CUSTOMER's right to rollover the Shortfall Amount from one year to the next will terminate (except the MAVC will not be so changed and such rollover right shall not terminate if AT&T elects to terminate the entire Agreement as a result of such Change of Control). In the event such rollover right is terminated, if CUSTOMER is in Shortfall at the end of any year of the Term, CUSTOMER will pay a Shortfall Charge equal to the Shortfall Amount for such year of the Term times $0.01. 3. If CUSTOMER elects to terminate this Agreement as a result of a Change of Control of AT&T, there will be no Short...
Sample 1

Related to Minimum Annual Volume Commitment

  • Minimum Annual Royalty Beginning in the calendar year after the first occurrence of SALEs, and in each succeeding calendar year thereafter, LICENSEE will pay to REGENTS a minimum annual royalty of [Written amount] U.S. Dollars ($ Number) for the life of this AGREEMENT. This minimum annual royalty will be paid to REGENTS by February 28 of each year and will be credited against the earned royalty due and owing for the calendar year in which the minimum payment is made.

  • Minimum Commitment If for a certain Service a minimum commitment has been determined in the Agreement, the Customer guarantees to respect the minimum commitment described in the Agreement during the entire period of the Agreement. If the Customer does not respect this minimum commitment, the Customer shall pay the compensation mentioned in the Agreement. If no compensation has been mentioned in the Agreement, the Customer has to pay the applicable Charges for the respective Service, or the average of the applicable Charges if different Charges are applied for the respective Service, per missing number of its minimum commitment. Services that are timely cancelled by the Customer or Services for which the Customer has paid a cancellation fee , do not, even not partly, release the Customer from its obligation to respect the minimum commitment . Services cancelled as due to Force Majeure and Services cancelled by Lineas for other reasons than Force Majeure, will be considered as a Services ordered and paid for by the Customer. Services cancelled by the Customer or by Lineas because of holidays do not, even not partly, release the Customer from its obligation to respect its minimum commitment.

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

  • Time Commitment The Advisor shall, and shall cause its Affiliates and their respective employees, officers and agents to, devote to the Company such time as shall be reasonably necessary to conduct the business and affairs of the Company in an appropriate manner consistent with the terms of this Agreement. The Company acknowledges that the Advisor and its Affiliates and their respective employees, officers and agents may also engage in activities unrelated to the Company and may provide services to Persons other than the Company or any of its Affiliates.

  • MINIMUM ORDER QUANTITY The State makes no commitment to purchase any minimum or maximum quantity, or dollar volume of products from the selected suppliers. Utilization of this agreement will be on an as needed basis by State Agencies and/or Cooperative Participants, Cities, Counties, Schools K-12, Colleges and Universities. The State will award to multiple suppliers; however, the State reserves the right to purchase like and similar products from other suppliers as necessary to meet operational requirements.

  • Minimum Annual Rent Tenant agrees to pay to Landlord the Minimum Annual Rent in equal monthly installments in the amount set forth in Section 1(d) (as increased at the beginning of each lease year as set forth in Section 1(d)), in advance, on the first day of each calendar month during the Term, without notice, demand or setoff, at Landlord's address designated at the beginning of this lease unless Landlord designates otherwise; provided that rent for the first full month shall be paid at the signing of this lease. If the Commencement Date falls on a day other than the first day of a calendar month, the rent shall be apportioned pro rata on a per diem basis for the period from the Commencement Date until the first day of the following calendar month and shall be paid on or before the Commencement Date. As used in this lease, the term "LEASE YEAR" means the period from the Commencement Date through the succeeding 12 full calendar months (including for the first lease year any partial month from the Commencement Date until the first day of the first full calendar month) and each successive 12 month period thereafter during the Term.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Minimum Monthly Rent (Section 1.5): Tenant shall pay to Landlord Minimum Monthly Rent for the Premises during the Extended Term in accordance with the schedule and in the amount set forth below: 01/01/13-07/31/13 $ 1,776.25 per month $ 8,645.00 per month $ 10,421.25 per month 08/01/13-07/31/14 $ 1,827.00 per month $ 8,892.00 per month $ 10,719.00 per month 08/01/14-07/31/15 $ 1,877.75 per month $ 9,139.00 per month $ 11,016.75 per month

  • Minimum Age (a) Members must be at least 14 years of age. (b) If you are under the age of 18 years, prior to being accepted as a Member, you must: Membership Agreement); and

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