Common use of Specified Power Draw Clause in Contracts

Specified Power Draw. 3.13.1 Whinstone will provide the Customer with at least [***] kW [***] MW of power available for the Services by the RFU Date. As a minimum commitment, regardless of power consumption, the Customer shall pay for Hosting Fees for greater than or equal to [***] of the Specified Power Draw at the rate specified in Clause 3.11.1. 3.13.2 Xxxxxxxx and Xxxxxxxxx agree, to the best of their ability, to be fair in negotiations and working to a mutually beneficial decision in the result of unforeseen circumstances. For Purpose of Example and Reference, a cost of power calculation has been provided below based on $[***]mWh ($[***]/kWh), the “Hosting Fee rate” [***] 3.13.3 If Whinstone determines that the over-usage of power cannot be reasonably permitted, Whinstone reserves the right to require the Customer to remove or deactivate sufficient Customer Equipment to prevent such over-usage within 24 hours of notification, which will describe in detail the reasons for the removal or deactivation. Whinstone shall consult with the Customer in good faith before determining to remove or deactivate.

Appears in 1 contract

Samples: Hosting Service Agreement (Rhodium Enterprises, Inc.)

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Specified Power Draw. 3.13.1 Whinstone will provide the Customer with at least [***] kW [***] MW of power available for the Services by the RFU DateSeptember 30, 2020. As a minimum commitment, regardless of power consumption, the Customer shall pay for Hosting Fees for greater than or equal to [***] of the Specified Power Draw at the rate specified in Clause 3.11.1. 3.13.2 Xxxxxxxx and Xxxxxxxxx Whinstone agree, to the best of their ability, to be fair in negotiations and working to a mutually beneficial decision in the result of unforeseen circumstances. For Purpose of Example and Reference, a cost of power calculation has been provided below based on $[***]mWh /mWh ($[***]/kWh), the “Hosting Fee rate.” [***] 3.13.3 If Whinstone determines that the over-usage of power cannot be reasonably permitted, Whinstone reserves the right to require the Customer to remove or deactivate sufficient Customer Equipment to prevent such over-usage within 24 hours of notification, which will describe in detail the reasons for the removal or deactivation. Whinstone shall consult with the Customer in good faith before determining to remove or deactivate.

Appears in 1 contract

Samples: Hosting Service Agreement (SilverSun Technologies, Inc.)

Specified Power Draw. 3.13.1 Whinstone will provide the Customer with at least [***] kW [***] MW of power available for the Services by the RFU Date. As a minimum commitment, regardless of power consumption, the Customer shall pay for Hosting Fees for greater than or equal to [***] of the Specified Power Draw at the rate specified in Clause 3.11.1. 3.13.2 Xxxxxxxx and Xxxxxxxxx Whinstone agree, to the best of their ability, to be fair in negotiations and working to a mutually beneficial decision in the result of unforeseen circumstances. For Purpose of Example and Reference, a cost of power calculation has been provided below based on $[***]mWh ($[***]/kWh), the “Hosting Fee rate” [***] 3.13.3 If Whinstone determines that the over-usage of power cannot be reasonably permitted, Whinstone reserves the right to require the Customer to remove or deactivate sufficient Customer Equipment to prevent such over-usage within 24 hours of notification, which will describe in detail the reasons for the removal or deactivation. Whinstone shall consult with the Customer in good faith before determining to remove or deactivate.

Appears in 1 contract

Samples: Hosting Service Agreement (SilverSun Technologies, Inc.)

Specified Power Draw. 3.13.1 Whinstone will provide the Customer with at least [***] kW [***] MW of power available for the Services by the RFU DateSeptember 30, 2020. As a minimum commitment, regardless of power consumption, the Customer shall pay for Hosting Fees for greater than or equal to [***] of the Specified Power Draw at the rate specified in Clause 3.11.1. 3.13.2 Xxxxxxxx and Xxxxxxxxx agree, to the best of their ability, to be fair in negotiations and working to a mutually beneficial decision in the result of unforeseen circumstances. For Purpose of Example and Reference, a cost of power calculation has been provided below based on $[***]mWh /mWh ($[***]/kWh), the “Hosting Fee rate.” [***] 3.13.3 If Whinstone determines that the over-usage of power cannot be reasonably permitted, Whinstone reserves the right to require the Customer to remove or deactivate sufficient Customer Equipment to prevent such over-usage within 24 hours of notification, which will describe in detail the reasons for the removal or deactivation. Whinstone shall consult with the Customer in good faith before determining to remove or deactivate.

Appears in 1 contract

Samples: New Hosting Service Agreement (Rhodium Enterprises, Inc.)

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Specified Power Draw. 3.13.1 Whinstone will provide the Customer with at least [***] kW [***] MW of power available for the Services by the RFU DateSeptember 30, 2020. As a minimum commitment, regardless of power consumption, the Customer shall pay for Hosting Fees for greater than or equal to [***] of the Specified Power Draw at the rate specified in Clause 3.11.1. 3.13.2 Xxxxxxxx Customer and Xxxxxxxxx Whinstone agree, to the best of their ability, to be fair in negotiations and working to a mutually beneficial decision in the result of unforeseen circumstances. For Purpose of Example and Reference, a cost of power calculation has been provided below based on $[***]mWh /mWh ($[***]/kWh), the “Hosting Fee rate.” [***] 3.13.3 If Whinstone determines that the over-usage of power cannot be reasonably permitted, Whinstone reserves the right to require the Customer to remove or deactivate sufficient Customer Equipment to prevent such over-usage within 24 hours of notification, which will describe in detail the reasons for the removal or deactivation. Whinstone shall consult with the Customer in good faith before determining to remove or deactivate.

Appears in 1 contract

Samples: New Hosting Service Agreement (Rhodium Enterprises, Inc.)

Specified Power Draw. 3.13.1 Whinstone will provide the Customer with at least [***] kW [***] MW of power available for the Services by the RFU Date. As a minimum commitment, regardless of power consumption, the Customer shall pay for Hosting Fees for greater than or equal to [***] of the Specified Power Draw at the rate specified in Clause 3.11.1. 3.13.2 Xxxxxxxx Customer and Xxxxxxxxx Whinstone agree, to the best of their ability, to be fair in negotiations and working to a mutually beneficial decision in the result of unforeseen circumstances. For Purpose of Example and Reference, a cost of power calculation has been provided below based on $[***]mWh ($[***]/kWh), the “Hosting Fee rate” [***] 3.13.3 If Whinstone determines that the over-usage of power cannot be reasonably permitted, Whinstone reserves the right to require the Customer to remove or deactivate sufficient Customer Equipment to prevent such over-usage within 24 hours of notification, which will describe in detail the reasons for the removal or deactivation. Whinstone shall consult with the Customer in good faith before determining to remove or deactivate.

Appears in 1 contract

Samples: Hosting Service Agreement (Rhodium Enterprises, Inc.)

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