Monthly Commitment definition

Monthly Commitment has the meaning set forth in Section 3.6.
Monthly Commitment means the number of monthly Transactions committed in the applicable Order Document.
Monthly Commitment means the minimum amount of usage the Partner commits to paying for each month as specified in an Order regardless of the actual usage.

Examples of Monthly Commitment in a sentence

  • Your Reseller may also seek from You immediate payment for fees for the Monthly Commitment of the remainder of the Subscription Term pursuant to the End User Agreement.


More Definitions of Monthly Commitment

Monthly Commitment means the Fees for a Subscription (excluding Fees for Professional Services and Platinum Support or other services set forth in an Order Form) divided by the number of months during the applicable Subscription Term.
Monthly Commitment. The following Monthly Commitment(s) shall apply to the identified Channel(s) and functionality beginning on the Service Start Date subject to the Additional Terms below: LiveOps Channels and functionality Monthly Commitment Fee Per Unit[1] Unit LiveOps Voice (w/ Saleforce CTI) Per Concurrent/Named User; Per Month LiveOps Chat & Email Per Concurrent/Named User; Per Month LiveOps Social (Facebook, Twitter) Per Concurrent/Named User; Per Month Multichannel Bundle Per Concurrent/Named User; Per Month Technical Services (See the Service Description attached as Schedule #1 for additional details): STANDARD IMPLEMENTATION SERVICES FEE [1] UNIT LiveOps Voice Implementation Per-Instance; One-Time LiveOps Chat & Email Implementation Per-Instance; One-Time LiveOps Social (Facebook/Twitter) Implementation Per-Instance; One-Time ADDITIONAL IMPLEMENTATION SERVICES FEE UNIT [Add as ordered by Customer] A LA CARTE TECHNICAL SERVICES FEE UNIT Technical Services Per Hour Speech Recognition IVR Per Minute Voice Talent Per Hour; One Hour Minimum Recording Studio Per Hour; One Hour Minimum PLATFORM FAILOVER SURCHARGE SERVICES FEE UNIT Platform Inbound Time Per Minute Platform Outbound Time Per Minute ADDITIONAL TERMS:
Monthly Commitment has the meaning set forth in Section 3.6. “Person” means any individual, partnership, limited partnership, joint venture, corporation, limited liability company, limited liability partnership, trust, unincorporated organization or Governmental Authority or any department or agency thereof. “Pre-Service Increase Request” has the meaning set forth in Section 3.9. “Prepaid Transportation Credits” has the meaning set forth in Section 3.6. 3 “Product” means the commodities commonly associated as specialty petroleum products, specifically condensate, natural gasoline, and diluent. Product may also include liquefied petroleum gas commodities such as butane. Product, as designed in this Agreement, does not refer to finished gasoline and diesel products. “Project Capacity” means the aggregate of each system’s total capacity that is made available for Product movements by means of the Project, by either expanding existing pipelines or building new pipelines. “Proportionate Share” means, at any given time, the percentage equal to Shipper’s volume commitment divided by the total volume commitments at such time. “Quarter” means the three (3) calendar month periods, or portion thereof, commencing January 1, April 1, July 1 and October 1 of each year during Term hereof. “Quarterly Volume Commitment” means Shipper’s commitment to ship, or otherwise pay for, each Contract Year of the fifteen (15) year term of this Agreement, at posted Pipeline Tariff Rates as set forth in Exhibit B, which equals a total annual Product volume as determined from Exhibit C. With respect to the required quarterly volume, the volume of Product is equal to: (a) volume per day multiplied by; (b) the number of Days in such Quarter. The Quarterly Volume Commitment will be reduced proportionately for any partial Quarter during the Term. “Representatives” has the meaning set forth in Section 7.1. “Requested Expansion Volume Commitment” has the meaning set forth in Section 6.6. “Shipper Deliveries” means the volume of Product that Shipper as the shipper of record delivered through the Pipeline. “Termination Notice” has the meaning set forth in 5.1. “Tariff” means the intrastate and/or interstate tariffs that set forth the rules, regulations and rates for services on the Pipeline, including supplements thereto and reissues thereof, under which Product is transported through the Pipeline. “Tariff Rates” means the rates set forth in the Tariffs for transportation of Product on the Pipeline. “Term” has th...
Monthly Commitment means Customer’s commitment to achieve at least the number of Concurrent Users per month for the specified Channel(s) and features billed on a Concurrent User basis as identified at the beginning of this Order Form. LiveOps Cloud Platform, LLC
Monthly Commitment means the Fees for a Cloud Feature Subscription and Platform Metrics set forth in an Order Form, divided by the number of months during the applicable Subscription Term.
Monthly Commitment means the minimum amount of usage the Customer commits to paying for each month as specified in an Order regardless of the actual usage.

Related to Monthly Commitment

  • Available Commitment means a Lender’s Commitment minus:

  • 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 Commitment means, at any time, the aggregate amount of the Revolving Commitments of all the Revolving Lenders, as may be adjusted from time to time pursuant to the terms hereof. The Aggregate Revolving Commitment as of the Effective Date is Five Hundred Million and 00/100 Dollars ($500,000,000).

  • Revolving Commitment Percentage means, for each Lender, a fraction (expressed as a percentage carried to the ninth decimal place), the numerator of which is such Lender’s Revolving Commitment and the denominator of which is the Aggregate Revolving Commitments. The initial Revolving Commitment Percentages are set forth on Appendix A.

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Multicurrency Commitment means, with respect to each Multicurrency Lender, the commitment of such Multicurrency Lender to make Loans, and to acquire participations in Letters of Credit denominated in Dollars and in Agreed Foreign Currencies hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Multicurrency Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.07 or reduced from time to time pursuant to Section 2.09 or as otherwise provided in this Agreement and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The aggregate amount of each Lender’s Multicurrency Commitment as of the Amendment No. 13 Effective Date is set forth on Schedule 1.01(b) or in the Assignment Assumption pursuant to which such Lender shall have assumed its Commitment, as applicable. The aggregate amount of the Lenders’ Multicurrency Commitments as of the Amendment No. 1 Effective Date is $500,000,000.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Credit Commitment is $250,000,000.