Common use of Target Spend – Actual Spend Clause in Contracts

Target Spend – Actual Spend. If a term per Connection is specified, in the Commercial Terms the Recovery Charge shall be calculated as: Access Fee or Recurring Charge (as applicable) x number of months left in Minimum Term. Except for the above circumstances, where a Service or a Service Element is terminated prior to the Service Commencement Date, during the Minimum Term or during the Renewal Term, the Recovery Charge shall be as set out in the Commercial Terms.

Appears in 2 contracts

Samples: General Terms Agreement, General Terms Agreement

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Target Spend – Actual Spend. If a term per Connection is specified, in the Commercial Terms the Recovery Charge shall be calculated as: Access Fee or Recurring Charge (as applicable) x number of months left in Minimum TermTerm + any outstanding One-Off- Charges. Except for the above circumstances, where a Service or a Service Element is terminated prior to the Service Commencement Date, during the Minimum Term or during the Renewal Term, the Recovery Charge shall be as set out in the Commercial Terms.

Appears in 2 contracts

Samples: General Terms Agreement, General Terms Agreement

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Target Spend – Actual Spend. If a term per Connection is specified, in the Commercial Terms the Recovery Charge shall be calculated as: Access Fee or Recurring Charge (as applicable) x number of months left in Minimum TermTerm + any outstanding One-Off Charges. Except for the above circumstances, where a Service or a Service Element is terminated prior to the Service Commencement Date, during the Minimum Term or during the Renewal Term, the Recovery Charge shall be as set out in the Commercial Terms.

Appears in 1 contract

Samples: Service Agreement

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