Contributing Charges definition
Examples of Contributing Charges in a sentence
The Achievement Credit will be applied against Contributing Charges for Interstate (Option 2 and Option 3) Services for up to ten (10) billing account numbers to be designated by Customer.
For purposes of determining the amount of Contributing Charges from Contributing Countries, Company will convert such monthly invoiced charges from the applicable local currency to US dollars using an average monthly foreign currency exchange rate (selected by Company at its discretion) for that month.
During the Extended Period, Customer agrees to pay Company no less than 1/12th of the AVC in Contributing Charges in each monthly period, which is the Extended Period Commitment.
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.
If at the end of any Contract Year, Customer’s Contributing Charges are less than the Annual Minimum, then Customer shall be required to pay Verizon: (i) all incurred but unpaid charges and (ii) an underutilization charge equal to the difference between Customer’s Contributing Charges during such Contract Year and the Annual Minimum.