Annual Volume Commitment definition

Annual Volume Commitment or “AVC” means the total Eligible Charges which Customer must pay during each Contract Year of the Volume Commitment Period.
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Annual Volume Commitment. (“AVC”): $4,000,000.00 in Total Service Charges (“AVC”) during each contract year of the Term.
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Annual Volume Commitment. (“AVC”): Customer’s Annual Volume Commitment (“AVC”) is $0.00 in Total Service Charges during each twelve-month period after the Effective Date.
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Examples of Annual Volume Commitment in a sentence

  • Annual Volume Commitment (“AVC”): $0.00 in Total Service Charges (“AVC”) during each contract year of the Term.

  • Annual Volume Commitment (“AVC”): $120,000.00 in Total Service Charges (“AVC”) during each contract year of the Term.

  • Minimum Annual Volume Commitment (“AVC”): $120,000.00 During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) of the AVC.

  • Order at 19, ECF No. 437.) Moreover, Defendants rely on owners’ defaults to achieve the exits, such that the defaults are also necessary to the success of the scheme.An agreement to do an unlawful act by unlawful means has thus been established.An overt act is an act “done in pursuance of the conspiracy.” Francoisv.

  • Annual Volume Commitment (“AVC”): $500,000 in Total Service Charges (“AVC”) during each contract year of the Term.


More Definitions of Annual Volume Commitment

Annual Volume Commitment means the product of the Daily Volume Commitment and the number of days in the applicable Contract Year.
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Annual Volume Commitment means the volume of Crude Petroleum a Committed Shipper has agreed to ship on the System in a particular Contract Year during the Term, as specified in the Committed Shipper’s TSA.
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Annual Volume Commitment or “AVC” means the total Contributing Charges or Eligible Charges, whichever is applicable, which Customer must pay during each Contract Year, for the number of Contract Years of the Volume Commitment Period.
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Annual Volume Commitment means the product of (i) the Volume Commitment and (ii) the number of days in the applicable Contract Year.
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Annual Volume Commitment has the meaning given in Section 3(b)(iii).
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Annual Volume Commitment means the annual Component volume commitments as indicated in the applicable Order Document.
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Annual Volume Commitment. (“AVC”): Customer shall not be required to commit to any overall revenue requirement during the Term. During the second Extended Term, Customer will receive the rates commensurate with the rate tier for $6,500,000.00 to $11,999.999.99 in Annual Service Charges.
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