Additional Storage Capacity Clause Samples
The 'Additional Storage Capacity' clause defines the terms under which a party may request or obtain extra storage space beyond what was originally agreed upon in a contract. Typically, this clause outlines the process for requesting additional capacity, any associated costs, and the timeframe for making such requests. For example, a tenant in a warehouse lease might use this clause to secure more storage area as their inventory grows. Its core practical function is to provide flexibility for changing storage needs while ensuring both parties understand the procedures and costs involved, thereby preventing disputes over space allocation.
Additional Storage Capacity. 4.1 Subject to clause 4.2 and clause 4.3, you may, from time to time during any Subscription Term, purchase Additional Storage Capacity in excess of the Storage Capacity set out in the Order Form.
4.2 Where such Additional Storage Capacity is:
4.2.1 a result of a storage requirement you have identified, you shall notify us in writing setting out your requirements; or
4.2.2 a result of reaching or exceeding the 90% threshold as set out in clause 2.3.2, we shall agree with you the amount of Additional Storage Capacity you will be required to purchase based on your requirements and usage patterns. We shall then provide you with a price for the Additional Storage Capacity, which once accepted by you will be followed by our invoice. We can also provide you with our current monthly storage rates if you wish to pay for the Additional Storage Capacity on a month by month basis, subject to our agreement.
4.3 You shall, within 30 days of the date of our invoice, pay to us the relevant fees for such Additional Storage Capacity as set out in the Order Form and, if such Additional Storage Capacity is purchased by you part way through the Initial Subscription Term or any Renewal Period (as applicable), such fees shall be pro-rated for the remainder of the Initial Subscription Term or then current Renewal Period (as applicable) or we shall submit our invoices on a monthly basis as described in clause 4.2.2.
Additional Storage Capacity. At such time after the date of this Agreement as any of the storage wel▇▇ ▇▇ any portion thereof identified in Exhibit B-2 are developed and placed into commercial operation by Seller, such Storage Well(s) will be included in this Agreement and the fees established in Sections 3.1 and 3.2 shall be adjusted as negotiated by the Parties for the increased volume of storage capacity purchased, and Schedule 3.1 and Exhibits A and B hereto shall be revised accordingly to include any new storage wel▇▇ ▇▇d to include such additional storage capacity as Allotted Storage Capacity and Additional Storage Capacity hereunder. All -4- 5 changes required pursuant to this Section 3.6 shall be reduced to writing, signed by the Parties and attached as one or more amendments to this Agreement.
Additional Storage Capacity. Enterprise Customer may elect to add additional storage capacity for all Authorized Users of the Box Solution in Standard blocks specified by the Agreement. For each block of storage capacity added, Enterprise Customer will pay the Additional Fee at pricing and terms to be mutually agreed upon by the parties, prorated to the annual anniversary date of the Agreement.[Internal Note: same comment.] (c) Additional Fees; Other Upgrades. Each upgrade order provided for herein will be subject to acceptance by Licensor and Enterprise Customer[Internal Note: it doesn’t state what the upgrade process is that we will be invoiced for. We should agree to whatever we are going to be invoiced for.]. Licensor will invoice Enterprise Customer for all Additional Fees as provided for herein. Other upgrade packages may be purchased from time to time at pricing and terms to be mutually agreed upon by Licensor and Enterprise Customer.[Internal Note: Do you want to price out any other packages now and lock those prices in?] (d) Revisions to Licensed Products. From time to time Licensor will provide free of charge a revision to its Licensed Product with additional functionality that does not adversely impact the manner in which Enterprise Customer accesses and uses the Licensed Product.
Additional Storage Capacity. Included in the specified pricing plans, the Company is provided at no additional cost 250 MB of storage capacity per Enrollee. If the total storage space used by Enrollees exceeds an average of 250 MB per Enrollee per month, the Company will pay to MMR a monthly additional storage fee calculated monthly at a rate of [***] per additional gigabyte (GB) (rounded up to the nearest GB). For example, if there are 2,200 Enrollees, the total available storage at no additional cost is 550 GB. If a total of 600 GB were used in a particular month, the Company would pay to MMR an additional [***] (50 GB * [***] per GB) for that month. Welcome Kits. MMR and the Company will coordinate to create co-branded Welcome Kits to provide to discharged patients. These kits will consist of co-branded authorization stickers, emergency stickers and wallet cards based on designs mutually-agreed by the Parties. The Company will be charged for Welcome Kits for discharged patients at cost. Marketing Materials. MMR will provide to the Company marketing materials to market the Services to Participants. At the Company's request and at MMR's cost, MMR will co-brand such materials. The Company at its own cost will provide to each current and future Participant via mail or e-mail a copy of the MMR-provided marketing materials along with a cover letter from the Company introducing the Services.
Additional Storage Capacity. Included in the specified pricing plans, the Company is provided at no additional cost 250 MB of storage capacity per Enrollee. If the total storage space used by Enrollees exceeds an average of 250 MB per Enrollee per month, the Company will pay to MMR a monthly additional storage fee calculated monthly at a rate of [***] per additional gigabyte (GB) (rounded up to the nearest GB). For example, if there are 2,200 Enrollees, the total available storage at no additional cost is 550 GB. If a total of 600 GB were used in a particular month, the Company would pay to MMR an additional [***] (50 GB * [***] per GB) for that month.
Additional Storage Capacity. Enterprise Customer may elect to add additional storage capacity for all Authorized Users of the Box Solution in Standard blocks specified by the Agreement. For each block of storage capacity added, Enterprise Customer will pay the Additional Fee at pricing and terms to be mutually agreed upon by the parties, prorated to the annual anniversary date of the Agreement.