Common use of USAGE GROWTH Clause in Contracts

USAGE GROWTH. 64.1. The Customer must not add more than 100 additional monitoring elements in any given quarter without notifying Comtact of their intention to do so at least 10 Business Days in advance so that Comtact can verify that there will not be any impact on the Customer’s environment by additional monitoring. 64.2. It is the Customer’s responsibility to notify Comtact that they have added additional monitored elements beyond their contractual allocation within ten days of doing so. For the avoidance of doubt “additional monitoring elements” refers to additions that have taken place in circumstances where the Customer has not deleted existing monitoring elements to balance their existing allocation. Post notification Comtact will amend the Customer’s element usage and issue a supplemental pro-rata invoice at the contractually agreed rate for the relevant element type. All further scheduled billing will then be based on the new element allocation 64.3. In the event of the Customer failing to timely notify Comtact of an increase in monitored elements then Comtact reserves the right to charge the Customer for the additions at a rate equivalent to twice the Customer’s contracted rate for the entire service term as a one-off payment.

Appears in 2 contracts

Samples: Terms and Conditions for the Supply of Products and/or Services, Terms and Conditions for the Supply of Products and/or Services

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USAGE GROWTH. 64.163.1. The Customer must not add more than 100 additional monitoring elements in any given quarter without notifying Comtact of their intention to do so at least 10 Business Days in advance so that Comtact can verify that there will not be any impact on the Customer’s environment by additional monitoring. 64.263.2. It is the Customer’s responsibility to notify Comtact that they have added additional monitored elements beyond their contractual allocation within ten days of doing so. For the avoidance of doubt “additional monitoring elements” refers to additions that have taken place in circumstances where the Customer has not deleted existing monitoring elements to balance their existing allocation. Post notification Comtact will amend the Customer’s element usage and issue a supplemental pro-rata invoice at the contractually agreed rate for the relevant element type. All further scheduled billing will then be based on the new element allocation 64.363.3. In the event of the Customer failing to timely notify Comtact of an increase in monitored elements then Comtact reserves the right to charge the Customer for the additions at a rate equivalent to twice the Customer’s contracted rate for the entire service term as a one-off payment.

Appears in 2 contracts

Samples: Terms and Conditions for the Supply of Products and/or Services, Terms and Conditions for the Supply of Products and/or Services

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USAGE GROWTH. 64.163.1. The Customer must not add more than 100 additional monitoring elements in any given quarter without notifying Comtact of their intention to do so at least 10 Business Days in advance so that Comtact can verify that there will not be any impact on the Customer’s environment by additional monitoring. 64.263.2. It is the Customer’s responsibility to notify Comtact that they have added additional monitored elements beyond their contractual allocation within ten days of doing so. For the avoidance of doubt “additional monitoring elements” refers to additions that have taken place in circumstances where the Customer has not deleted existing monitoring elements to balance their existing allocation. Post notification Comtact will amend the Customer’s element usage and issue a supplemental pro-rata invoice at the contractually agreed rate for the relevant element type. All further scheduled billing will then be based on the new element allocation 64.363.3. In the event of the Customer failing to timely notify Comtact of an increase in monitored elements then Comtact reserves the right to charge the Customer for the additions at a rate equivalent to twice the Customer’s contracted rate for the entire service term as a one-one off payment.

Appears in 1 contract

Samples: Terms and Conditions for the Supply of Products and/or Services

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