Service Availability Credits definition

Service Availability Credits has the meaning set forth in Section 2.6(a).
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Service Availability Credits are the percentage of the monthly Committed Charges, or in the case of an annual Committed Charge, the percentage of one-twelfth (1/12) of the annual Committed Charge, for use of the Display5 Cloud Platform payable by Client to Display5 under the terms of the Agreement. These Services Availability Credits shall not exceed two (2) months of Committed Charges per annum.
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Service Availability Credits has the meaning contained in Exhibit B.
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Examples of Service Availability Credits in a sentence

  • Without limiting the University's right to receive Service Availability Credits, the University may terminate the Agreement for cause in accordance with terms of the Agreement.

Related to Service Availability Credits

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Availability Block means $15,000,000.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.