Examples of Committed Spend in a sentence
Fees for the Resources used during draw-down of the Pre- Committed Spend shall be as set forth on the applicable Order Form.
If the draw-down for the applicable 12-month period (other than the last) of a multi-year Pre-Paid Subscription does not equal or exceed the Pre-Paid Committed Spend for that 12-month period, the shortfall will be carried-forward, i.e., applied the draw-down, for the first two months of the next 12-month term.
Pre-Paid Committed Spend shall be drawn-down (i.e., spent) over the course of the applicable 12-month period as Resources are used by Customer.
Customer Committed Spend (where applicable) shall be invoiced on the date of termination of the relevant Service(s) and Charges for non-recurring Services shall be invoiced on an ad hoc basis as and when such Services are provided.
Following full draw-down of the Pre-Paid Committed Spend in a 12- month period, Customer will be charged for Fees for use of Resources at the applicable list price, as set forth on the Order Form for Resources used during the remainder of that 12-month period.
All Calls are subject to a xxxxx per minute Tariff, Committed Spend and a connection fee and Calls shall be invoiced to 2 decimal places, unless otherwise stated in the Order or applicable Tariff.
Following full draw-down of the Pre-Paid Committed Spend, Customer will be charged for Fees for use of Resources at the applicable list price, as set forth on the Order Form.
If the draw-down for the applicable 12-month period (other than the last) of a multi-year Pre-Paid Subscription does not equal or exceed the Pre-Paid Committed Spend for that 12-month period, the shortfall will be carried forward, i.e., applied to the draw-down, for the first two months of the next 12-month term.
Grass Valley’s may offer an annual volume commitment mechanism, where the Customer agrees to purchase specific volume of Tokens in exchange of discount (Volume Committed Spend).
Unless otherwise specified in Grass Valley’s proposal (i) the entirety of the purchased Tokens will be available to Customer upon placing an applicable Order, or (ii) Grass Valley will invoice the amount of the Volume Committed Spend in equal instalments over the Term.