Common use of Additional Storage Capacity Clause in Contracts

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.

Appears in 1 contract

Sources: Cloud Services Agreement

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-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.

Appears in 1 contract

Sources: Cloud Services Agreement