Determining the Customer’s 15% Universal Credits Commit Credit Limit
The basis for the 15% limit is the customer’s active Universal Credits commit credit amount, and not their available credit balance. If the amount of the private offer exceeds the available commit credit amount, the private offer amount is first drawn from the remaining Universal Credits credit balance. After the credit balance is exhausted, the remaining amount for the private offer is billed as an overage invoice along with any other OCI services the customer is using.
In the following examples, the OCI customer has a US$3 million Universal Credits contract for a three-year term annual commitment. In each year, the customer has $1 million in active Universal Credits commit credits.
- Example 1: The customer has not spent any credits on OCI Marketplace third-party usage in the current year. The customer’s private offer limit is $150,000 (15%) in the current year.
- Example 2: The customer has been using OCI Marketplace third-party paid listings (metered usage), resulting in $10,000 in usage, which is paid for with a deduction from the customer’s commit credits so far in this annual commit year. In this case, the customer can purchase a private offer of up to $140,000 in the current year.
- Example 3: In the current year, the customer has purchased a $50,000 private offer and has $10,000 in usage for third-party paid listings (metered usage), both through the OCI Marketplace. Both have been paid for with a deduction from the customer’s UCM commit credits in this annual commit year. In this case, the customer can purchase a private offer for up to $90,000 in the current year.Note
With paid listing usage, the amount used changes over time. The amount used for third parties should be projected to the date that the private offer will be extended to the customer.