Common use of Ramp Period Clause in Contracts

Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of six (6) months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the TVC. Customer, at its sole discretion, may extend the Agreement for two (2) additional one (1) year terms (each an “Extended Term”).

Appears in 2 contracts

Samples: enterprise.verizon.com, enterprise.verizon.com

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Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of six (6) months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the TVCAVC. CustomerTerm Volume Commitment: Commencing on the expiration of the Ramp Period, at its sole discretion, may extend the Agreement for two (2) additional one (1) year terms (each an “Extended Term”)Customer agrees to a TVC of $2,400,000.

Appears in 2 contracts

Samples: enterprise.verizon.com, enterprise.verizon.com

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Ramp Period. The Ramp Period shall begin on the Effective Date and continue for a period of six (6) 11 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the TVC. Customer, at its sole discretion, may extend Term Volume Commitment (“TVC”): $2,900,000 in Total Service Charges (“AVC”) during the Agreement for two Initial Term (2the”TVC”) additional one (1) year terms (each an “Extended Term”following the expiration of the Ramp Period).

Appears in 1 contract

Samples: enterprise.verizon.com

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