Examples of Initial Order Form in a sentence
Subject to payment by Customer of the Fees detailed in the Order Form (Initial Order Form), Ventiv will provide Customer with the services listed below in (a) through (f) (collectively “Services”).
Ventiv will provide the training services to Customer described in the SOW or Initial Order Form, if any (“Training Services”).
You acknowledge and agree that the Software licensed by You will require You to update the Software with a valid License Key before or upon the date of expiry of the then current Initial Order Form Term or Renewal Term for Your continued use of the Software for the applicable Renewal Term.
Unless We have given You written notice of a change to Our pricing at least 60 days before the end of the applicable Initial Order Form Term or relevant Renewal Term, as applicable, the pricing during any automatic Renewal Term will be the same as that of the immediately preceding Initial Order Form Term or relevant Renewal Term, as applicable.
Except as otherwise specified in an Order Form, each individual Order Form will renew automatically for additional periods of 12 months (“Renewal Term(s)”), at the end of its respective Initial Order Form Term or relevant Renewal Term, unless either party gives the other notice of non-renewal at least 30 days prior to the end of the Initial Order Form Term or relevant Renewal Term, as applicable.
You will need to initially obtain such License Key from Us by the Start Date of the Initial Order Form Term and then, depending on the version of the Software licensed, for each Renewal Term thereafter, request a new License Key from Us prior to the start of each Renewal Term and at least 3 business days prior to the date of Your planned deployment of the Software update for Your App.
This Agreement shall commence on the Effective Date of the Initial Order Form and continue in effect for five (5) years, with an option to renew for an additional five (5) year term to be exercised upon the parties’ mutual written consent, unless otherwise terminated in accordance with the terms herein (the “Term”).
The Order Form attached hereto is the “Initial Order Form.” From time to time, the Parties may decide in their discretion to add additional Services, subject to the Parties’ execution of one or more Order Forms which shall be substantially in the form of the Initial Order Form.
You will need to ensure that You update the Software with a valid License Key before or upon the date of expiry of the Initial Order Form Term and, depending on the version of the Software licensed, for each Renewal Term thereafter.
If the Agreement is terminated by Us in accordance with Section 4.6, You will promptly pay any unpaid amounts including those covering the remainder of all Initial Order Form Terms and/or the then current Renewal Terms, as applicable.