Achievement Credits definition

Achievement Credits. If during any contract year, Customer's annual Total Service Charges equal one of the levels 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 and any other services mutually agreeable by the Company and Customer. Annual Total Service Charges Achievement Credit $0 - $2,499,999 $0 $2,500,000 - $2,999,999 $50,000 Award of Achievement Credit(s): As of the 15th Amendment Effective Date, Customer will receive an Achievement Credit equal to $100,000 to be applied to 2 Account Numbers mutually agreeable to Customer and Company.
Achievement Credits. If during any annual period of the Term, the Customer’s semi-annual volume of Company service usage equals or exceeds one of the following amounts the Customer will receive one corresponding credit applied against the Customer’s Company service usage charges. (Credits). Semi-Annual Charges Credit $2,500,000-$3,999,999.99 5% $4,000,000-$5,749,999.99 7% $5,750,000 or more 9% If, during the first annual period of the Additional Term, the Customer procures services from the Company that were provided by another provider, then in the fifth month of the second annual period of the Additional Term, the Customer shall receive a credit equal to 20% of the service charges the Customer incurred using the new service.
Achievement Credits. If at the end of any contract year, Customer's annual Total Service Charges (excluding Company internationally billed services) equal one of the levels 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 and any other services mutually agreeable by the Company and Customer. Contract Year Service Charges Achievement Credit $300,000.00 - $599,999,99 $25,000.00 $600,000.00 - $599,999,99 $100,000.00 $900,000.00 - $599,999,99 $150,000.00 $1,200,000.00 & - Greater $180,000.00 Promotion: The Customer is eligible for the following promotion as set forth in the Guide: General Installation Waiver Promotion – v5.0 Initial Term: 36 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates the Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate the Agreement upon at least sixty (60) days prior written notice. Extended Period: Either party may terminate the Extended Period upon 60 days prior written notice. The terms of this Agreement will continue to apply during any service-specific commitments that extend beyond the Global Agreement Period. Annual Volume Commitment (“AVC”): $6,500,000 in Contributing Charges (“AVC”) during each contract year of the Term.

Examples of Achievement Credits in a sentence

  • If during any Contract Year, Customer's annual Total Service Charges equal one of the levels below, Customer shall receive the corresponding Achievement Credits.

  • If during any contract year, Customer's annual Total Service Charges equal one of the levels below, Customer shall receive the corresponding Achievement Credits.

  • If at the end of any contract year, Customer's annual Total Service Charges (excluding Company internationally billed services) equal one of the levels below, Customer shall receive the corresponding Achievement Credits.

  • Achievement Credits: If during any contract year, Customer's annual Total Service Charges equal one of the levels below, Customer shall receive the corresponding Achievement Credits.

  • If at the end of the first 4 months of the Initial Term, Customer’s Total Contributing Charges equal to or greater than the levels below, Customer shall receive the corresponding Revenue Achievement Credits.


More Definitions of Achievement Credits

Achievement Credits. If during any contract year, Customer's annual Total Service Charges equal one of the levels 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 and any other services mutually agreeable by the Company and Customer. Total Minutes of US Domestic and International Audio Conferencing Achievement Credit 800,000 $3,500 Interstate Service Credit: The Customer will receive a monthly recurring credit against domestic, interstate charges equal to 35% multiplied by Customer’s Intrastate Outbound and Inbound Voice Service Total Service Charges, based on call type, for all states except Georgia, South Carolina and Utah during that current monthly billing period of the term of service.
Achievement Credits. If during the first nine months following the 12th Amendment Effective Date, Customer's Audio and Net Conferencing Service spend averages to one of the following levels specified below, Customer shall receive one of the following Achievement Credits: The Achievement Credit will be applied against Customer's Audio and Net Conferencing Services. Installation Waiver: Company will waive the one-time installation charges and/or startup fees associated with the implementation of Services within the 48 contiguous United States of the U.S.-provided Services under this Agreement; except for the following services: (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) Enhanced Call Routing, (x) Local Disaster Recovery, (xi) Video, and Net Conferencing, (xii) Voice over IP Services, (xiii) Security Services, (xiv) Non-Listing/Non-Published Service and (xv) Telecommunications Service Priority. Company will waive Customer’s Port and PVC installation charges for Domestic and International Frame Relay Service. .
Achievement Credits. If during any Contract Year, Customer's annual Total Service Charges equal one of the levels 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 and any other services mutually agreeable by the Company and Customer. Fund Deposit: Customer will receive a credit of $250,000.00, to be applied to Customer’s Fund account. One-Time Credits: Customer will receive a credit equal to $50,000 applied against Customer's Total Service Charges incurred for Interstate and International Voice Service. Customer will receive two credits equal to $100,000 applied against Customer's Total Service Charges incurred for Interstate and International Voice Service. Migration Credit: Customer will receive a credit equal to $50,000 applied against Customer's Total Service Charges incurred for Interstate and International Voice Service.
Achievement Credits. If at the end of any Contract Year following the 22nd Amendment Effective Date, Customer’s Total Service Charges (excluding Company internationally billed services) equal one of the levels 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. Recurring Credits:
Achievement Credits. If at the end of any contract year, Customer's annual Total Service Charges (excluding Company internationally billed services) equal one of the levels 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 and any other services mutually agreeable by the Company and Customer. Contract Year - Total Service Charges Achievement Credit $465,000.00 - $564,999.99 $14,000.00 $565,000.00+ $28,000.00 Award of Achievement Credits: Customer will receive an Achievement Credit equal to $14,000, plus applicable taxes and surcharges and 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. Promotions: The Customer is eligible for the following promotions as set forth in the Guide: General Installation Waiver Promotion – V4.0 Initial Term: 24 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates the Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate the Agreement upon at least sixty (60) days prior written notice. Annual Volume Commitment (“AVC”): $500,000.00 in Total Service Charges (“AVC”) during each contract year of the Term.
Achievement Credits. If during any contract year, Customer's annual Total Service Charges equal one of the levels 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 and any other services mutually agreeable by the Company and Customer. Month 12: Annual Total Service Charges Achievement Credit $1,200,000.00 - $1,800,000.00 $25,000.00 $1,800,001.00+ $30,000.00 Month 24: Annual Total Service Charges Achievement Credit $3,200,000.00 - $3,600,000.00 $25,000.00 $3,600,001.00+ $30,000.00 Year 1 of Renewal Term: Month 12 Achievement Tiers Annual Total Service Charges Achievement Credit $2,250,000.00 - $2,499,999.99 $25,000.00 $2,500,000.00 - $2,749,999.99 $30,000.00 $2,750,000 and above $50,000.000 Year 2 of Renewal Term: Month 24 Achievement Tiers Annual Total Service Charges Achievement Credit $4,000,000.00 - $4,299,999.99 $25,000.00 $4,500,000.00 - $2,499,999.99 $30,000.00 $4,500,000 and above $50,000.000 Award of Achievement Credit: As of the 10th Amendment Effective Date, Customer will receive an Achievement Credit equal to $30,000 o 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. Local Service – CLEC Credit Based on Local Usage: Customer will receive a credit equal to 30% multiplied times Customer’s Tariffed usage charges and MRCs for Local Service and Local and Long Distance Service Bundles under this Service Attachment excluding EUCL charges, Operator Service Charges and Directory Assistance. The resulting dollar amount of the credit will be applied to Customer's Total Service Charges (plus equipment charges), excluding charges for intrastate telecommunications service. This credit will be reflected on Customer’s invoice, adjustment memo or other billing document within two billing cycles after the billing cycle on which it is based. Notwithstanding the foregoing, in no event may the amount of such credit exceed Customer's Total Service Charges (plus equipment charges) – excluding charges for intrastate telecommunications service – for the monthly billing period in which that credit is to be applied.
Achievement Credits. If during any contract year, Customer's Contributing Charges equal one of the levels below, Customer shall receive the corresponding Achievement Credits. The Achievement Credit will be applied against Customer's Interstate and International Services Total Service Charges. Total Service Chares per Month Achievement Credit (% of Total Service Charges for that Month) $80,000 8% $100,000 10% $125,000 12% Award of Achievement Credit: Customer will receive an Achievement Credit equal to $44,797.41, plus applicable Taxes and Governmental Charges, to be applied against Customer’s Interstate and International Services Total Service Charges.