What is floor commitment usage fee in SAP SAP-LEGAL - Global Field Legal?

SAP Term: floor commitment usage fee

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: The minimum annual Net License Fees for the Use of Software in connection with the provision of the Authorized Services.

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• Key Concepts: 
  A floor commitment usage fee is a fee charged by SAP-LEGAL Global Field Legal when a customer uses a floor commitment. A floor commitment is an agreement between a customer and SAP-LEGAL Global Field Legal that sets out the terms and conditions of the customer’s use of SAP software. The fee is based on the customer’s usage of the software and is calculated on a per-transaction basis. 
  
  How to use it: 
  The floor commitment usage fee is charged when a customer uses a floor commitment. The fee is calculated based on the number of transactions that are processed using the software. The fee can be paid in one lump sum or in installments. 
  
  Tips & Tricks: 
  It is important to understand the terms and conditions of the floor commitment before using it. This will help ensure that the customer is aware of any fees that may be charged for using the software. Additionally, it is important to keep track of the number of transactions that are processed using the software in order to accurately calculate the fee. 
  
  Related Information: 
  For more information about floor commitments and usage fees, please refer to SAP’s website or contact SAP-LEGAL Global Field Legal directly.