Recurring Charge definition
Examples of Recurring Charge in a sentence
In the event Client terminates a SOP prior to the end of the then current SOP term, Client will pay Marco an amount equal to the Monthly Recurring Charge, multiplied by the number of months remaining in the SOP Term or SOP Renewal Term (“Termination Fee”) and any professional service, on boarding, off boarding, or other applicable fees.
A Monthly Recurring Charge (MRC) is billed each month in advance and applies to each line presubscribed to the Company’s Business Unlimited Long Distance Service.
With respect to Customer-requested upgrades to its data plan for Access with Wireless UNI, the Monthly Recurring Charge (MRC) will be prorated according to the date the new data plan is available to Customer.
With respect to any Service Outages in excess of the Availability Factors, the Service Outage Credit shall be equal to an amount equal to (a) the Recurring Charge applicable to the affected Service during the calendar quarter in which the Service Outage occurred multiplied by (b) the number of hours or fractions thereof that the Service Outage occurred during the applicable period divided by 2160 hours.
Upon verification by AT&T that the actual service performance for Network Availability was less than the committed level, the Customer will be provided a service credit equal to 10 percent of the Monthly Recurring Charge (MRC) for all affected ports.