Common use of Annual Pre-Payment Clause in Contracts

Annual Pre-Payment. You will be billed in advance for twelve months of subscription fees. This payment covers the minimum commitments for the Subscription Term, beginning upon the end of the Ramp Period. During the Ramp Period, You will be billed in arrears for actual usage at the pro-rated Annual Subscription rates set forth in the Services Order. After the Ramp Period, if actual usage in a month exceeds the Annual Subscription amount set forth in the Services Order (prorated for a one-month period), You will be charged for such excess usage at the Subscription Overage fee listed in the Services Order, which will be billed monthly in arrears. Any prepaid amount is non-refundable.

Annual Pre-Payment. Unless otherwise set out in the Services Order, You will be billed in advance upon signature of the Services Order for twelve months of subscription fees. This payment covers the minimum commitments for the Subscription Term, beginning upon the end of the Ramp Period. During the Ramp Period, You will be billed in arrears for actual usage at the pro-rated Annual Subscription rates set forth in the Services Order. After the Ramp Period, if actual usage in a month exceeds the Annual Subscription amount set forth in the Services Order (prorated for a one-month period), You will be charged for such excess usage On Demand Fees at the Subscription Overage fee listed rate set out in the Services Order, which will be billed monthly in arrears. Any prepaid amount is non-refundable.