Maximum Service Credit definition

Maximum Service Credit. The aggregate maximum number of Service Credits to be issued by Xxxxxxxx to Licensee for all Downtime that occurs in a single calendar month shall not exceed fifteen days of Service added to the end of Licensee's term for the Service (or the value of 15 days of service in the form of a monetary credit to a monthly-billing Licensee's account). Service Credits may not be exchanged for, or converted to, monetary amounts.
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Maximum Service Credit. The aggregate maximum number of Service Credits to be issued by ProFinda to Customer for any and all Downtime Periods that occur in a single calendar month shall not exceed five (5) days of Service added to the end of Customer's term for the Service. Service Credits may not be exchanged for, or converted to, monetary amounts.
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Maximum Service Credit. The aggregate maximum number of Service Credits to be issued by Xxxxxxxx to Licensee for all Downtime that occurs in a single calendar month shall not exceed 20%. Service Credits may not be provided in the form of a refund.
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Examples of Maximum Service Credit in a sentence

  • Maximum Service Credit Monthly Maximum - Service Credits issued in any month under this SLA will not exceed Eligible Customer’s total monthly recurring charge for the affected circuit.

  • These have developed through centuries and therefore change is likely to be slow.

  • Bidder will notify NIC within thirty days from the time NIC becomes eligible to receive a Service Credit.3. Maximum Service Credit for a Month: The maximum number of Service Credits to be issued by Collaborative Workspace OEM for all Downtime that occurs in a single calendar month shall be sixteen days of Service (or the value of 16 days of service in the form of amonetary credit to NIC’s account) adjusted at the end of the Year.

  • Availability An example Service Credit calculation for the Availability of a Service is as follows: Service Coefficient (m) Service Level Target % (a) Service Failure Threshold % (b) Minimum Service Credit % (c) Maximum Service Credit % (d) Services 5.0 99.5% 95.00% 2.5% 25% Table 2 Example Service Credit Calculation for Availability The Availability of a Service Element was recorded as 97% for a Service Period.

  • The Trust also shall be entitled to a Service Credit equal to 5% of the one twentieth (1/20th) of the Maximum Service Credit for each documented incident of the Recipient’s failure to provide customer service in accordance with the service and performance levels required by this Agreement or fails to provide complete and timely reporting as required by the Agreement.

  • Maximum Service Credit The aggregate maximum number of Service Credits to be issued by Atmail to a Customer for all Downtime that occurs in a single calendar month shall not exceed fifteen (15) days of Service added to the end of the Customer’s term for the Service (or the value of 15 days of service in the form of a monetary credit to a monthly billing on the Customer’s account).

  • Failure to comply with this requirement will forfeit Customer's right to receive a Service Credit.o 5.5 Maximum Service Credit.

  • Maximum Service Credit in a given month is an amount equal to 100% of the Monthly Recurring Fee for that month.

  • Maximum Service Credit: What the impact will be for employees who continue to work after age 65 and have reached the maximum service credit of 35 years.

  • Maximum Service Credit allowable in a given month is limited to the total Subscription Fee owed for that month.


More Definitions of Maximum Service Credit

Maximum Service Credit means the maximum number of Service Credits to be issued by the Company to you for any and all Unavailability that occurs in a single calendar month.
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Related to Maximum Service Credit

  • Service Credit means the periods of time for which the required contributions have been made to

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Service Level Credit is defined in Section 8.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Credit hour means 50 minutes of classroom instruction in

  • Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • Availability Incentive Payments has the meaning set forth in the CAISO Tariff.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Annual Service Charge for any period means the aggregate interest expense for such period in respect of, and the amortization during such period of any original issue discount of, Indebtedness of the Issuer and its Subsidiaries.