Daily Volume Limit definition

Daily Volume Limit means the number of gigabytes of data per day as specified in the Order Form that customer may process using the Software under these Terms.

Examples of Daily Volume Limit in a sentence

  • Notwithstanding the foregoing sentence, Customer acknowledges and agrees that exceeding the Daily Volume Limit constitutes a material breach of these General Terms.

  • If the Customer exceeds the Daily Volume Limit 5 times or more during any month, Customer, at Graylog’s request, shall negotiate in good faith with Graylog on appropriate amendments to the pricing and other relevant terms of these General Terms that are consistent with Customer’s actual use of the Software.

Related to Daily Volume Limit

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).