Minimum Monthly Commitment definition

Minimum Monthly Commitment means a fixed amount agreed to by the Parties that is based upon the expected number of transactions to occur each month during the Term times the Average Bill Amount, as set forth in Schedule A).
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Minimum Monthly Commitment has the meaning given to it in the relevant Service Order Form.
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Minimum Monthly Commitment means Customer’s commitment to purchase the monthly minimum quantity of Services and to pay the Monthly Recurring Fees each Billing Period, as set forth in the Order Form.
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Examples of Minimum Monthly Commitment in a sentence

  • Customer must maintain a Minimum Monthly Commitment Level (“MMCL”) of Service.

  • An illustrative example of the quarter-to-date calculation of the Minimum Monthly Commitment and applicable Throughput Charges for such quarter is attached hereto as Exhibit C.

  • For each Month within a Calendar Quarter, the Throughput Charge applied to volumes tendered for such Month shall be based on a quarter-to-date calculation of the Minimum Monthly Commitment (as defined below), and the revenue billed for such Month shall be adjusted to reflect such quarter-to-date calculation.

  • Customer must select a Minimum Monthly Commitment Level (“MMCL”) of Local Usage minutes for RAS Private Dial service.

  • ABT will commit resources up to 1/12 of such 2500 hours (i.e. 208 hours) (the "Minimum Monthly Commitment") each month upon ABT/UK's request in its sole discretion.

  • In the event that Customer fails to satisfy the Minimum Monthly Commitment in a given month, Customer shall be billed in the amount of the Minimum Monthly Commitment rather than for its actual usage of the Services.

  • If ABT/UK does not request a resource commitment in a given month, or requests less than the Minimum Monthly Commitment in a given month, ABT/UK may carry forward each month's Minimum Monthly Commitment into the next 2 months.

  • DS-1 RATE AND DISCOUNT SCHEDULE (based on [*] Total Minimum Monthly Commitment) V & H MILES DS-1 RATE (VGE) ----------- --------------- [*] [*] [*] [*] [*] [*] There is a minimum amount of [*] required per each DS-3 DS-1 DISCOUNT ------------- [*] No further discounts.

  • Minimum Monthly Commitment ("MMC") is the amount of Services that Customer commits to purchase during each month of the Term.

  • Should the Customer not enter into an agreement with the Xxxxxx Bay Company to provide long Distance services to its credit card holders, then the Minimum Monthly Commitment will be reduced to *.


More Definitions of Minimum Monthly Commitment

Minimum Monthly Commitment means the minimum number of Units set out in the Order for which the Customer will be charged the Minimum Monthly Charge;
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Minimum Monthly Commitment has the meaning given to it in the relevant Service Order Form. Genesystel Business Standard Services Agreement 13 of 14 \I F 1 W 0 R K S
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Related to Minimum Monthly Commitment

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Available Commitment means a Lender’s Commitment minus:

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • 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.

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Real-Time Commitment means NYISO’s multi-period security constrained unit commitment and dispatch model, as defined in the NYISO Tariffs.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is $300,000,000.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).