Achievement Credit. If at the end of any Contract Year, Customer’s Total Service Charges (excluding Company internationally billed services) equal one of the Revenue Achievement Targets specified below, Customer shall receive one of the corresponding Achievement Credit Amounts (“Achievement Credit”) as specified below. The Achievement Credit, plus applicable Taxes and Governmental Charges, will be applied against Customer's interstate and international Total Service Charges. Award of Achievement Credit: Customer will receive a credit equal to $2,000,000 (Achievement Target 3) to be applied against Customer’s Total Service Charges incurred for interstate and international services.
Achievement Credit. If at the end of any Contract Year, Customer’s Usage Charges (excluding Company internationally billed services) equal one of the levels specified below, Customer shall receive one of the following corresponding achievement credits (“Achievement Credit”). The Achievement Credit, plus applicable Taxes and Governmental Charges will be applied against Customer’s interstate and international Usage Charges.
Achievement Credit. If at the end of any Contract Year, Customer's Total Service Charges (excluding Company internationally billed services) equal the level specified below, Customer shall receive the corresponding Achievement Credits. The Achievement Credit will be applied against Customer's designated Total Service Charges incurred for Interstate and International services. Installation Waiver: Company will waive the one-time installation charges for the Services identified below, and related local loop access service, Provided by Company under the Agreement. Customer will receive this waiver benefit on any eligible service provided under the Agreement during the Term of service agreement of which it is a part. Usage charges, monthly recurring charges, expedite charges, change charges, surcharges, any charges imposed by third parties (including access, egress, jack, or wiring charges), taxes or tax-like surcharges, or Governmental Charges will not be waived. Company will waive Customer’s monthly recurring Access Coordination and Central Office Connection charges during the term. Payment Arrangements: Customer will pay all Company charges (except disputed amounts) within 30 days of receipt of invoice. Amounts not paid or disputed on or before 45 days from receipt of invoice date or such other due date set forth as provided above shall be considered past due, and subject to a late payment charge equal to the lesser of: (a) 1.5% per month, or (b) the amount indicated in a Service Attachment, or (c) the maximum amount allowed by applicable law, as applied against the past due amounts. Qualifying Conditions: Customer represents that it satisfies the following conditions as of the Effective Date: Customer is a business unit of an existing Company Customer that has a contract with a term greater than 88 months and usage charges greater than $5 Million Dollars per year. Customer is an existing Company customer; Initial Term: 36 months following the expiration of the Ramp Period.
Examples of Achievement Credit in a sentence
The Achievement Credit will be applied against Customer's designated Total Service Charges incurred for Interstate and International services and any other services mutually agreeable by the Company and Customer.
The Achievement Credit will be applied against Customer's designated Total Service Charges incurred for Interstate and International services and any other services mutually agreeable by Company and Customer.
The Achievement Credit will be applied against Customer's designated Total Service Charges incurred for Interstate and International services.
The Achievement Credit, plus applicable Taxes and Governmental Charges, will be applied against Customer's interstate and international Total Service Charges.
If Customer’s Total Service Charges in the month the credit is applied are less than the Global Achievement Credit, the excess amount of the Global Achievement Credit will then be applied to Customer’s Total Service Charges in the following month.
More Definitions of Achievement Credit
Achievement Credit. If at the end of any Contract Year, Customer’s Total Service Charges (excluding Company internationally billed services) equal the level specified below, Customer shall receive the following corresponding achievement credit (“Achievement Credit”). The Achievement Credit, plus applicable Taxes and Governmental Charges, will be applied against Customer's interstate and international Total Service Charges. Payment Arrangements: Customer will pay all Company charges (except disputed amounts) within 30 days of invoice date. Promotion: The Customer is eligible for the following promotions as set forth in the Guide: General Installation Waiver Promotion – v6.0 Global Agreement Period: 12 months and thereafter on a month-to-month basis, unless and until terminated in accordance with the Termination and Suspension clause found in the Agreement. Annual Volume Commitment (“AVC”): $0.00
Achievement Credit. If at the end of any Contract Year, Customer’s Contributing Charges (excluding Company internationally billed services) equal one of the levels specified below, Customer shall receive one of the following corresponding achievement credits (“Achievement Credit”). Credit will be applied against Customer’s Contributing Charges incurred for interstate and international services. Contract Year - Contributing Charges Achievement Credit (% of Contract Year Contributing Charges) $12,000,000.00 - $14,499,999.99 1% $14,500,000.00 - $16,499,999.99 2% $16,500,000.00 - $18,499,999.99 3% $18,500,000.00 + 4% Waivers: Installation Waiver: Company will waive the one-time installation charges associated with the implementation of U.S. Services within the 48 contiguous States of the U.S. provided under this Agreement; except for the following services (unless otherwise mutually agreed in a Service Order or Service Attachment): (i) eDSL, (ii) VPN, (iii) Internet Dedicated OC3, OC12, OC48, Gig-E, (iv) PTT / third party services (including International Access and Company International), (v) Data Center, (vi) Paging, (vii) Managed Services, (viii) CPE, (ix) Contact Center Services (ICR-I), (x) Enhanced Call Routing, (xi) Local Disaster Recovery, (xi) Audio, Video, and Net Conferencing, (xiii) Voice over IP Services, (xiv) Security Services, (xv) Non-Listing/Non-Published Service, (xvi) Telecommunications Service Priority, and (xvii) Services provided by Company incumbent local exchange carriers (“ILECs”) or by Cellco Partnership and its affiliates d/b/a Company Wireless. Usage charges, monthly recurring charges, expedite charges, change charges, surcharges, charges for an unlisted or non-published number, any charges imposed by third parties (including access, egress, jack, or wiring charges), taxes or tax-like surcharges, or other Governmental Charges will not be waived. General: Customer shall pay Company invoices within 30 days of the invoice date for non-US billed Services; and for U.S. billed Services, 30 days from receipt of the invoice. Amounts not paid on or before said 30 days period will be past due, and interest shall accrue on any overdue invoice from the due date until payment (whether before or after judgment) at a rate to be determined by Company which may not exceed the greater of (a) 1.5% per month (for U.S. invoiced charges) or 2% above the Royal Bank of Scotland’s base lending rate (for rest of world invoiced charges), as adjusted from time to time, or (b) th...
Achievement Credit. If at the end of the Ramp Period or any Contract Year, Customer’s Total Service Charges for Conferencing Services only during such Ramp Period or Contract Year (excluding charges for Conferencing Services billed by non-US Company entities) equal or exceed the level specified below, Customer will receive the corresponding achievement credit. The Achievement Credit will be applied against Customer’s Total Service Charges incurred for interstate and international services. Customer will receive a credit equal to $3,190, applied against Customer's designated Service Charges incurred for Interstate and International Services. Customer will receive a credit equal to $4,530.80 which will be applied against Customer’s interstate and international Total Service Charges.
Achievement Credit. If, at the end of any Contract Year, Customer has installed additional International Private IP or Domestic IP locations over and above those installed in previous Contract Years, Customer shall receive an Achievement Credit equal to $3,250 for each such location added up to a maximum of 20 locations in the aggregate.
Achievement Credit. If at the end of any Contract Year, Customer’s Total Service Charges (excluding Company internationally billed services) equal one of the levels specified below, Customer shall receive one of the following corresponding achievement credits (“Achievement Credit”).and will be applied against Customer's interstate and international Total Service Charges. Achievement Credit: In the event that the customer elects to extend the agreement, the Customer will receive an additional achievement credit of $162,000.00 provided usage during the extension year exceeds $1,800,000.00 Award of Achievement Credit: Customer will receive an achievement credit equal to $162,000 to be applied against Customer’s Total Service Charges incurred for interstate and international services.
Achievement Credit. If at any point of time between February 1, 2016 and January 31, 2017, Customer’s Total Service Charges equals or exceeds $34,500,000, Customer shall receive an additional $750,000 as an Achievement Credit. Achievement Credit: If at any point of time between February 1, 2017 and January 31 2018, Customer’s Total Service Charges equals or exceeds $34,500,000, Customer shall receive an additional $750,000 as an Achievement Credit. The Achievement Credit, plus applicable Taxes and Governmental Charges, will be applied against Customer's interstate and international Total Service Charges. If the Achievement Credit is earned prior to the end of each applicable period, upon Customer’s request, Company will draft an amendment to issue the Achievement Credit early versus issuing it at the end of the Applicable Period. Expedite Charges Credit: Customer will receive a credit equal to $28,100 to be applied to 8 Xxxx Xxxxx IDs mutually agreed upon by Customer and Company. Expedite Charges Credit: Customer will receive a credit equal to $17,000 to be applied to 3 Xxxx Xxxxx IDs mutually agreed upon by Customer and Company. Expedite Charges Credit: Customer will receive a credit equal to $900 to be applied to 1 Xxxx Xxxxx ID mutually agreed upon by Customer and Company. Waivers:
Achievement Credit. If at the end of any Contract Year during the Initial Term, Total Service Charges (including Company internationally billed services) equals one of the levels specified below, Customer shall receive one of the following corresponding achievement credits (“Achievement Credit”). Payment Arrangements: Customer will pay all Company charges (except disputed amounts) within 30 days of invoice date. Promotions: The Customer is eligible for the following promotions as set forth in the Guide: LD Voice – InterLATA PIC Fee Credit Promotion Regional Checkbook – Monthly Option – 3 Plus Years LD Voice – IntraLATA PIC Fee Credit Promotion Flat Rate T1 Access Promotion (New/Renewing Customers) On the Network V Cross Connect Promotion Contract Renewal Promotion LD Voice – Inbound Stimulus Promotion General Installation Promotion – v4.0 Qualifying Condition: Customer must have used at least 70,000 minutes in Conferencing usage with all vendors combined in the calendar month preceding the 16th Amendment Effective Date. Customer may not have used more than $2,500 in Audio and Net Conferencing services with Company in the calendar month immediately preceding the 16th Amendment Effective Date.