Hello,
I would really appreciate if anyone could help me with this term.
My sentence runs as follows:
The Spare Capacity Agreement are entered into on the "process or pay" long-term basis.
These Agreements appear all over my text but they never come to the point about what they actually are. I assume that such agreements are made in order to supply some resources on a regular basis, which the client should either use or pay for failure to use, but I am not sure.
Any help will be appreciated.
Alexey
I would really appreciate if anyone could help me with this term.
My sentence runs as follows:
The Spare Capacity Agreement are entered into on the "process or pay" long-term basis.
These Agreements appear all over my text but they never come to the point about what they actually are. I assume that such agreements are made in order to supply some resources on a regular basis, which the client should either use or pay for failure to use, but I am not sure.
Any help will be appreciated.
Alexey