Transactional Usage Sample Clauses

Transactional Usage. The pricing in this Appendix 1 is predicated on Xxxxxx’x representations of Xxxxxx’x and Xxxxxx’x Customers’ transactional usage. In the event that Xxxxxx’x actual continuous volume and/or recurring frequency is lower than what Xxxxxx has represented below by more than thirty percent (30%), then Invoice Cloud reserves the right to increase the fees listed in this Appendix 1. In such a situation, Invoice Cloud will notify Xxxxxx immediately and negotiate such fee increases with Xxxxxx in good faith, in line with actual Xxxxxx and Xxxxxx’x Customers transactional usage. Should Invoice Cloud and Xxxxxx fail to agree upon revised fees, Invoice Cloud reserves the right to terminate the DPPM Services upon one hundred and eighty (180) days’ notice to Xxxxxx. Xxxxxx Volume Assumptions Customers Contacted or Billed Monthly -60,000 utility customer accounts -14,000 paperless billing -7,000 prepaid (pay-as-you-go); -39,000 traditional billing (receive monthly paper bill in the mail) -8,000 business license renewals annually Number of Batches Monthly -Data submitted weekly for utility bills (20 cycles) -Data submitted annually for business license renewals
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Related to Transactional Usage

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • General The Trustee shall keep proper books of record and account of all the transactions of each Trust under this Indenture at its corporate trust office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be open to inspection by any Unit holder of such Trust at all reasonable times during the usual business hours. The Trustee shall make such annual or other reports as may from time to time be required under any applicable state or federal statute or rule or regulations thereunder.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

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