Eligible Credit Period definition

Eligible Credit Period means a single calendar month and refers to the monthly billing cycle in which the most recent Unavailable event for a claim under Section 2.4(a) – (d) occurred.
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Eligible Credit Period is a single month, and refers to the monthly billing cycle in which the most recent Region Unavailable event included in the PPB’s claim for Service Credits occurred.
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Eligible Credit Period is a single month, and refers to the monthly billing cycle in which the most recent Region Unavailable event included in the SLA claim occurred. A “Service Credit” is a dollar credit, calculated as set forth below, that we may credit back to an eligible Amazon EC2 account. Service Commitments and Service Credits If the Annual Uptime Percentage for a customer drops below 99.95% for the Service Year, that customer is eligible to receive a Service Credit equal to 10% of their xxxx (excluding one-time payments made for Reserved Instances) for the Eligible Credit Period. To file a claim, a customer does not have to have wait 365 days from the day they started using the service or 365 days from their last successful claim. A customer can file a claim any time their Annual Uptime Percentage over the trailing 365 days drops below 99.95%. We will apply any Service Credits only against future Amazon EC2 payments otherwise due from you; provided that, we may issue the Service Credit to the credit card that you used to pay for Amazon EC2 for the billing cycle in which the error occurred. Service Credits shall not entitle you to any refund or other payment from AWS. A Service Credit will be applicable and issued only if the credit amount for the applicable monthly billing cycle is greater than one dollar ($1 USD). Service Credits may not be transferred or applied to any other account. Unless otherwise provided in the AWS Agreement, your sole and exclusive remedy for any unavailability or non-performance of Amazon EC2 or other failure by us to provide Amazon EC2 is the receipt of a Service Credit (if eligible) in accordance with the terms of this SLA or termination of your use of Amazon EC2.
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Examples of Eligible Credit Period in a sentence

  • If the Annual Uptime Percentage drops below 99.95% for the Service Year, the County is eligible to receive a Service Credit equal to 10% of their invoice for Amazon EC2 (excluding one-time payments made for Reserved Instances) for the Eligible Credit Period.

  • Eligible Credit period (Monthly/Yearly Billing)-The Eligible Credit Period is a single month, and refers to the monthly billing cycle in which the most recent Region Unavailable event is included in the SLA claim.

  • If the Annual Uptime Percentage for Customer drops below 99.9% for the Service Year, Customer is eligible to receive a Service Credit equal to 10% of the total Monthly Recurring Charges (MRC) of Customer’s Colocation contract for the Eligible Credit Period.

  • In the event the Subscription does not meet the SLA in any Eligible Credit Period, Customer will be eligible to receive a Subscription Credit equal to 10% of the fees for such Eligible Credit Period as described below.

  • If the Annual Uptime Percentage drops below 99.95% for the Service Year, the Customer is eligible to receive a Service Credit equal to 10% of their Hosting Fees only owed for the Eligible Credit Period.

  • In the event CloudHesive does not meet the uptime SLA outlined for any Service Month, Customer will be eligible to receive a Service Credit equal to 10% of the prorated monthly service fees for such Eligible Credit Period as described below.

  • Eligible Credit Period is a single month, and refers to the monthly billing cycle in which the most recent Unavailable event included in the SLA claim occurred.

  • Availability of RO for a given Eligible Credit Period will be calculated according to the following formula (referred to herein as “Availability”): Where: total quarterly minutes = TQM; Total quarterly minutes unavailable = TQMU; and Availability = ((TQM – TQMU) x 100)/TQM.

  • Service Commitments and Service Credits If the Annual Uptime Percentage for a customer drops below 99.95% for the Service Year, that customer is eligible to receive a Service Credit equal to 10% of their bill for the Eligible Credit Period.

  • If PRophet fails to maintain Availability, Customer will be entitled to receive a credit (the “Service Credit”) of five percent (5%) of the total amount owed by Customer for the Eligible Credit Period.


More Definitions of Eligible Credit Period

Eligible Credit Period is a single subscription quarter and refers one calendar month prior to the start of the quarterly subscription cycle in which the most recent Unavailable event included in the SLA claim occurred. For example, if your subscription period runs from January to March, you will be invoiced for the upcoming quarter on or around December 1, and again on or around March 1 for the period from
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Eligible Credit Period is a single month, and refers to the monthly billing cycle in which the most recent Unavailable event included in the SLA claim occurred. A “Service Credit” is a dollar credit, calculated as set forth below, that we may credit back to an eligible Exigo account. Service Commitments and Service Credits If the Monthly Uptime Percentage for a customer drops below 99.9% for the Service Month, that customer is eligible to receive a Service Credit for 500% of the downtime. 500% credit means that for every hour of downtime you will receive 5 hours of credit. We will apply any Service Credits only against future Exigo subscription charges otherwise due from you. Service Credits shall not entitle you to any refund or other payment from Exigo. Unless otherwise provided in the MSA, your sole and exclusive remedy for any unavailability or non-performance of Exigo or other failure by us to provide Exigo is the receipt of a Service Credit (if eligible) in accordance with the terms of this SLA. To be eligible for a Service Credit You must be current on Your Monthly Subscription and invoices for Custom Work.
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Related to Eligible Credit Period

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Credit Period has the meaning given to it in Section 42(f)(1) of the Code.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(c). [Signature page follows.]

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Service credit month means a full service credit month or an

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.