Product Credit definition

Product Credit means a credit that Licensee is eligible to receive if Crown Castle fails to meet the parameters set forth in Section 5.2 below.
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Product Credit means a credit that Licensee may be eligible to receive pursuant to Section 7 below.
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Product Credit means a credit that Licensee may be eligible to receive in the event of a Product Outage or Product Performance Failure.
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Examples of Product Credit in a sentence

  • Licensee must submit a written request to claim a Product Credit no later than thirty (30) days following the event that gives rise to Licensee’s right to request the Product Credit.

  • The number of minutes of separate and discrete Colocation Outages will not be accumulated to determine the percentage of Product Credit.

  • Failure to request a credit within such period shall constitute a waiver of any claim for a Product Credit.

  • If the Product Availability in any calendar month is less than the Product Availability objective set forth in the table below, Licensee shall be entitled to a Product Credit equal to the percentage of the applicable MRC set forth in the following table: Quality Level Product Availability Objective Measurement Timeframe Product Credit Cumulative Duration of Product Outage(s) % of MRC 1 Product Availability 99.9% One Month 0 to 45 mins.

  • Subject to this Section 7, in the event of a Product Outage, Licensee may be entitled to a Product Credit as provided in Section 7.3 below.

  • If the total minutes or hours of Product Outages in any month exceed the number of minutes or hours set forth in the table below, Licensee shall be entitled to a Product Credit equal to the percentage of the Product MRC set forth in the following table: Product Availability Objective Product Credit Cumulative Duration of Product Outage(s) % of MRC 99.99% 0 to 4 mins.

  • Subject to this Section 8, in the event of a Product Outage to any Product, Licensee may be entitled to a Product Credit in accordance with the applicable Service Level Objective set forth in Section 8.2 below.

  • Licensee must submit a written request to claim a Product Credit no later than thirty (30) days following the event which gives rise to Licensee’s right to request the Product Credit.

  • Subject to this Section 5, in the event of a Product Outage to any Product, Licensee may be entitled to a Product Credit in accordance with the applicable Product Availability Level Objective set forth in Section 5.2 below.

  • If the total minutes of Product Outage in any month exceeds the number of minutes or hours set forth in the table below, Licensee shall be entitled to a Product Credit equal to the percentage of the applicable MRC set forth in the following table: Quality Level Product Availability Objective Measurement Timeframe Product Credit Cumulative Duration of Product Outage(s) % of MRC On-Net - Level A Access 1 Product Availability 99.9% One Month 0 to 43.2 mins.


More Definitions of Product Credit

Product Credit means a credit that Licensee is eligible to receive if Company fails to meet the parameters set forth in Section 5.2 below,
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Product Credit means a credit that Licensee is eligible to receive if Planet fails to meet the parameters set forth in Section 5.2 below.
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Product Credit. Licensee shall provide to MLBP two (2) cases of cereal. Insurance: $5 million product liability insurance. Licensee must provide a current proof of Certificate of Insurance upon execution of this signed agreement.
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Product Credit means an aggregate $1,000,000.00 credit from the Purchaser in favor of one or more Affiliates of J&P Operations in respect of certain products that will be provided by the Purchasers to such Affiliates pursuant to the Supply Agreement.
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Product Credit. Licensee shall provide MLBP with 150 free copies of each Publication, for use by MLBP at its sole discretion.
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Related to Product Credit

  • Commercial Product means any such product as defined in FAR 2.101.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.