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).

Minimum Monthly Commitment has the meaning given to it in the relevant Service Order Form.

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.

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.

• 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.

• 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.

• 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.

• 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.

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

• For each Month within a Calendar Quarter, the Transportation Rates applied to volumes tendered for such Month shall be based on a quarter-to-date calculation of the Minimum Monthly Commitment, and the revenue billed for such Month shall be adjusted to reflect such quarter-to-date calculation.

• If for any month Customer’s aggregate monthly fees and expenses actually paid or payable by Customer for the Products and Services for which Customer has subscribed for such term (based on all actual licensing and usage of such Products and Services on a monthly basis) does not exceed the Minimum Monthly Commitment, then Customer shall pay the Minimum Monthly Commitment in lieu of the charges that would otherwise be due with respect to such Products and Services.

More Definitions of Minimum Monthly Commitment

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

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;