Minimum Volume Requirement definition

Minimum Volume Requirement. The Customer’s Company service usage must equal or exceed $5,000,000 during each annual period of the Term (MVR). The Customer’s Company service usage during each month of the Extension Term must equal or exceed one-twelfth (1/12) of the MVR (Extension Term MVR). For ECR/ICR Customer shall pay an annual volume commitment of no less than $9,600 per year.

Minimum Volume Requirement. The Customer's Company service usage must equal or exceed $300,000 during each annual period of the term of service (MVR).

Minimum Volume Requirement. : means the following:

Examples of Minimum Volume Requirement in a sentence

• If the Minimum Volume Requirement applicable to any Contract Year is not met for any reason, CenterPoint Energy may immediately invoice Customer for an amount equal to the difference between the Minimum Volume Requirement and the volume of natural gas actually received from the Customer facility during said Contract Year multiplied by the applicable tariffed rate.

• Minimum Volume Requirement: Following the Ramp Period, the Customer's Company service usage must equal or exceed $72,000.00 during each annual period of the Term (MVR).

• If you fail to purchase your Minimum Volume Requirement, we may, at our option, terminate this Agreement and cease delivery of propane to you, adjust the daily price of the propane we deliver to you, charge you a Low Usage Fee, and/or increase your Tank Rent to reflect your low usage.

• Minimum Volume Requirement: Customer agrees to pay Company no less than $120,000 in Total Service Charges.

• Minimum Volume Requirement: The Customer’s Company service usage must equal or exceed $300,000 during each annual period of the Term (MVR).

More Definitions of Minimum Volume Requirement

Minimum Volume Requirement. The Customer's use of the Company’s service must equal or exceed $360,000 during each annual period of the term of service (MVR). Commencing on the 1st Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $600,000 in Total Service Charges, or a pro rata portion thereof for any partial Contract Year.

Minimum Volume Requirement. The Customer's Company service usage must equal or exceed $72,000 during the 12-month Term (“AVC”) and 1/12th of the AVC during each month of the month-to-month Extension Term. Rates and Charges: Data Services: Access: In lieu of all other rates or discounts, the Customer will pay fixed monthly recurring IOC charges ranging from $175.00 to $634.60 for point to point DS1 Metro Private Line Service between 5 NPA/NXX pairs mutually agreed upon by Customer and the Company. Ethernet Access: In lieu of any other rates and discounts, Customer will pay fixed monthly recurring per-circuit charge of $3,674.00 for 350 Mbps Ethernet Access at 1 Customer location. Metro Private Line Ethernet Service:

Minimum Volume Requirement. The Customer's Company service usage must equal or exceed $72,000 during the 12-month Term (“AVC”) and 1/12th of the AVC during each month of the month-to-month Extension Term. Rates and Charges (Options 1 and 2): Data: Ethernet Access: The Customer will be charged the fixed monthly recurring per-circuit charge of $3,674.00 for 350 Mbps Ethernet Access at a specific Customer location. Metro Private Line Ethernet Service:

Minimum Volume Requirement. The Customer’s Company Service usage must equal or exceed 3,750,000 during the Term (MVR). Following the completion of Month 24 of the Term, if Customer exceeds the MVR, the Customer may elect to (a) terminate the agreement and automatically begin the Ramp Down Period without incurring termination liability as described in Section 6.2 by providing the Company with 60 days prior written notice, and such termination will be effective 30 days after receipt by Company; or (b) continue the agreement subject to the terms and conditions, provided in this option, as well as agreeing to pay the Company a MVR equal to 40 percent of the Total Service charges paid to the Company during the 12 months prior to the Customer’s election during each year remaining in the Term. Rates and Charges: In order to be eligible to receive service under this option, the Customer may subscribe to Feature Option 1, Feature Option 2 and 3 only for On-Net Service.

Minimum Volume Requirement. The Customer's Company service usage must equal or exceed $100,000 during each annual period of the Term (MVR). The Customer’s Audioconferencing service and Videoconferencing usage must equal or exceed $400,000 during each annual period of the Term (Conferencing Subminimum”).

Minimum Volume Requirement. The Customer's Company service usage must equal or exceed $36,000 during each Contract Year (“AVC”).

Minimum Volume Requirement. The Customer's Verizon service usage must equal or exceed $36,000 during each Contract Year (“AVC”).