Contract Commitment Payment Interval

Contract Commitment Payment Interval represents the frequency by which a contract commitment is invoiced. For payment models involving deferred financial obligations, the Payment Interval denotes the ongoing billing cycle. For models paid upfront, the Payment Interval denotes the single settlement event.

Note: Do not confuse the Contract Commitment Payment Interval with the Contract Commitment Fulfillment Interval. For example, a spend-based commitment discount may have an Hourly Fulfillment Interval (usage reset) but a Monthly Payment Interval (billing cycle).

ContractCommitmentPaymentInterval MUST adhere to the following requirements:

• ContractCommitmentPaymentInterval MUST be of type String.
• ContractCommitmentPaymentInterval MUST NOT be null.
• ContractCommitmentPaymentInterval MUST be one of the allowed values.
• ContractCommitmentPaymentInterval MUST be "One-Time" when ContractCommitmentPaymentModel is "All Upfront".
• ContractCommitmentPaymentInterval SHOULD represent a time granularity equal to or lesser than the time granularity represented by ContractCommitmentDurationType.