Minimum Port Usage Surcharge Clause Samples
The Minimum Port Usage Surcharge clause establishes a mandatory fee that must be paid if a specified minimum level of port usage is not met within a given period. Typically, this applies to shipping or logistics contracts where a party commits to using a port for a certain volume of cargo or number of vessel calls; if the actual usage falls short, the surcharge compensates the port operator for lost revenue. This clause ensures the port operator receives a guaranteed minimum income, thereby allocating the risk of underutilization to the contracting party and encouraging consistent use of port facilities.
Minimum Port Usage Surcharge. Any month Customer fails to equal or exceed the Minimum Port Usage per Active Resale Direct Port (calculated as Customer's actual Net Usage for Resale Direct Service divided by Customer's total number of Active Resale Direct Ports at each Product Hierarchy Level) as stated on Attachment A, Customer shall pay Sprint a surcharge on its Resale Direct Service usage equal to the difference between (a) Customer's actual Net Usage for Resale Direct Service and (b) the Minimum Port Usage multiplied by the total number of Active Resale Direct Ports.
Minimum Port Usage Surcharge. Any month Customer fails to equal or exceed the MINIMUM PORT USAGE per ACTIVE DEDICATED OUTBOUND PORT (calculated as Customer's actual NET USAGE for Dedicated Outbound SERVICE SPRINT PROPRIETARY INFORMATION
Minimum Port Usage Surcharge. Any month Customer fails to equal or exceed the Minimum Port Usage per Active Dedicated Outbound Port (calculated as Customer's actual Net Usage for Dedicated Outbound Service divided by Customer's total number of Active Dedicated Outbound Ports at each Product Hierarchy Level) as stated on Attachment A, Customer shall pay Sprint a surcharge on its Dedicated Outbound Service usage equal to the difference between (a) Customer's actual Net Usage for Dedicated Outbound Service and (b) the Minimum Port Usage multiplied by the total number of Active Dedicated Outbound Ports.
Minimum Port Usage Surcharge. Any month Customer fails to equal or exceed the MINIMUM PORT USAGE per ACTIVE DEDICATED PORT as stated on EXHIBIT 3, Customer shall pay BSLD a surcharge on its Dedicated Service usage equal to the difference between (a) [*] (b) the MINIMUM PORT USAGE multiplied by the total number of ACTIVE DEDICATED PORTS. This surcharge shall be calculated in each PRODUCT HIERARCHY LEVE▇.
Minimum Port Usage Surcharge. Any month Customer fails to equal or exceed the MINIMUM PORT USAGE per ACTIVE DEDICATED OUTBOUND PORT (calculated as Customer's actual NET USAGE for Dedicated Outbound SERVICE divided by Customer's total number of ACTIVE DEDICATED OUTBOUND PORTs at each PRODUCT HIERARCHY LEVEL) as stated on ATTACHMENT A, Customer shall pay Sprint a surcharge on its Dedicated Outbound SERVICE usage equal to the difference between (a) Customer's actual NET USAGE for Dedicated Outbound SERVICE and (b) the MINIMUM PORT USAGE multiplied by the total number of ACTIVE DEDICATED OUTBOUND PORTS.
Minimum Port Usage Surcharge. Any month Customer fails to equal or exceed the MINIMUM PORT USAGE per ACTIVE RESALE DIRECT PORT (calculated as Customer's actual NET USAGE for Resale Direct SERVICE divided by Customer's total number of ACTIVE RESALE DIRECT PORTS at each PRODUCT HIERARCHY LEVEL) as stated on ATTACHMENT A, Customer shall pay Sprint a surcharge on its Resale Direct SERVICE usage equal to the difference between (a) Customer's actual NET USAGE for Resale Direct SERVICE and (b) the MINIMUM PORT USAGE multiplied by the total number of ACTIVE RESALE DIRECT PORTS.