Average Contract Value definition
Average Contract Value means the higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.
Average Contract Value means the higher of (exclusive of goods and services tax) the (i) average of the total amount payable by the
Average Contract Value means the higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the
Examples of Average Contract Value in a sentence
The premium for each calendar month will be at least equivalent to the Monthly Average Contract Value times the minimum premium rate as shown in paragraphs D and E below.
The premium for each calendar month will be no more than the monthly Average Contract Value times the maximum premium rate as shown in paragraphs D and E below.
The Monthly Average Contract Value is the average of the contract values at the end of the current calendar month and the end of the prior calendar month.
If the Average Contract Value for a given Contract Year is at least $250,000 and less than $1,000,000, the Company will currently credit [0.05%] based on the Contract Value as of the end of the Contract Year.