Underutilization Charges definition

Underutilization Charges. If Customer’s Total Service Charges do not reach the TVC during the Initial Term, Customer shall pay (a) all accrued but unpaid charges incurred under this Agreement and (b) an “Underutilization Chargeequal to 50% of the difference between the TVC and Customer's Total Service Charges during the Initial Term.
Underutilization Charges. For Customers with an AVC as set forth in Schedule A, if at the end on any Annual Period (as hereinafter defined), Customer's Usage Charges (as hereinafter defined) during such Annual Period fails to meet or exceed the AVC, Customer shall pay, in addition to all other charges under this Agreement, the difference between the AVC and Customer's Usage Charges during such Annual Period. For purposes of this Agreement, "Annual Period" means the consecutive twelve (12) month period commencing on the Effective Date and each consecutive twelve (12) month period thereafter during the Term or any renewal Term thereof. For purposes of this Agreement, "Usage Charges" means Customer's recurring usage charges for Private Line Services provided under this Agreement, calculated net of discounts. Usage Charges do not include the following: (i) taxes and tax related surcharges; (ii) charges for equipment and collocation; (iii) charges incurred where MCI WorldCom acts as agent for Customer in the acquisition of goods or services; (iv) standard non-recurring charges; and (v) certain other Tariffed charges, including, without limitation, Universal Service Fund charges. PENDING CHARGES COUNT TOWARD AVC IN CERTAIN EVENTS: Notwithstanding the foregoing paragraph, if MCI WorldCom causes a delay in installation of Private Line Service (up to the OC-3 level) of more than sixty (60) days after receipt of a service order, and such delay results in Customer's failure to meet the AVC for that Annual Period, then Customer will receive credit for all such pending orders (beginning with the sixty-first (61st) day and thereafter) for purposes of determining whether Customer has satisfied the AVC for that Annual Period. On a case by case basis, MCI Worldcom may inform Customer at the time of a service order request that the expected installation interval will be longer than sixty (60) days. If, following such notification, Customer agrees to such specified installation interval, then such interval shall be apply for that Service Order only. In such event, if MCI WorldCom causes a delay in installation of Private Line Service (up to the OC-3 level) of more than the specified installation interval, and such delay results in Customer's failure to meet the AVC for that Annual Period, then Customer will receive credit for all such pending orders (beginning with the first day following the specified installation interval and thereafter) for purposes of determining whether Customer has satisfied th...
Underutilization Charges. If Total Services Charges in an AVC measurement in any contract year during the Initial Term, the Customer’s Total Service Charges do not meet or exceed the MVR, the Customer shall pay (a) all accrued but unpaid charges incurred under the Agreement and (b) an “Underutilization Charge” in an amount equal to the difference between the MVR and the Customer’s Total Service Charges during such contract year

Examples of Underutilization Charges in a sentence

  • Underutilization Charges: If at the end of any year of the term of service, a customer fails to satisfy its annual volume commitment, the customer must pay the difference between the customer's actual Qualifying Volume in that year and the annual volume commitment.

  • Any waiver of Underutilization Charges resulting from application of this section will require an amendment.

  • Commencing on the 15th Amendment Effective Date, the Customer’s Underutilization Charges are as follows: If the Customer’s Total Service Charges do not meet the AVC in any given Contract Year, Company will calculate the qualified revenues from the VBS Agreement between Vanco and Company (“the Vanco Agreement”), at such time the Vanco Agreement is fully executed, and then add the Total Service Charges under the Agreement.

  • During the Ramp Down Period, the terms and conditions of the Agreement will apply except that the TVC will not apply; provided, however that any charges paid by Customer during the Exit Phase shall be applied in satisfaction against any Underutilization Charges.

  • Classifications, Practices and Regulations: Underutilization Charges: If, in any Contract Year during the Initial Term, Customer’s Total Service Charges do not meet or exceed the AVC, then Customer shall pay: (a) all accrued but unpaid charges incurred under this Agreement; and (b) an “Underutilization Charge” in an amount equal to 25% of the difference between the AVC and the Customer’s Total Service Charges during that Contact Year.

  • Should Customer fail to meet the Subminimum in any given month, Company reserves the right to charge Customer Underutilization Charges in accordance with below, which Customer agrees to pay.

  • Pursuant to the Business Downturn clause of the Agreement, Company will waive the Underutilization Charges which have accrued but are as of yet unpaid under the Agreement as of the 1St Amendment Effective Date.

  • OC-12 SmartRing Monthly Underutilization Charges: If in any monthly period, Customer’s Total Service Charges for OC-12 SmartRing Service do not meet or exceed the OC-12 SmartRing Minimum MRC, then Customer musts pay: (i) all accrued but unpaid charges incurred under the Service Attachment; and (ii) an “Underutilization Charge” in an amount equal to 100% of the difference between Customer’s Total Service Charges for OC-12 SmartRing Service and the monthly recurring charge during such monthly period.

  • We observe a similar pattern where field days are more likely to induce BPL households to purchase a single package of seeds.

  • Following the establishment by MCI of a revised AVC as set forth herein, the revised AVC shall replace the AVC throughout this Agreement and Customer shall remain liable for charges pursuant to this Agreement, including without limitation, Underutilization Charges and Early Termination Charges, based on the revised AVC.

Related to Underutilization Charges

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.