Value at Risk

Set out in Section J3.3 (User’s Value at Risk).

Section J3.3 sets out that each Party’s “Value at Risk” shall be calculated as the sum of:
(a) the Charges (inclusive of VAT) set out in Invoices addressed to, but not yet paid by, the Party; plus
(b) the Charges (inclusive of VAT) that the Data Communications Company reasonably estimates are likely to be incurred by the Party in the period until the next Invoice for that Party is due to be produced by the Data Communications Company.

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