Examples of Minimum Commitment in a sentence
Termination of this Agreement shall not release Customer from its obligation to pay all outstanding amounts including, but not limited to, any Minimum Commitment.
Any use of a Subscription in excess of the quantities purchased during any monthly period during the Subscription Term will result in additional charges at the rates set forth in the Order for the duration of the Subscription Term, thereby increasing the Minimum Commitment.
Customer may terminate a Subscription for any reason upon not less than sixty (60) days’ prior written notice provided that Customer promptly pays any remaining Minimum Commitment, including any balance past due and amounts that will become due from the date of termination through the end of the full Subscription Term as if it was not terminated.
Notwithstanding the foregoing, if this SOW is terminated by Customer prior to the expiration of the Initial Term, Customer agrees to pay Iron Mountain in full for all fees which would have otherwise become due for the remainder of the Initial Term as part of the Minimum Commitment set forth herein, unless such termination is due to an uncured material breach of the applicable terms and conditions by Iron Mountain.
Minimum Commitment and Closing Date To participate in this Offering, each investor must purchase securities in a minimum dollar amount equal to 100 .