Annual Term Clause Samples

Annual Term. The term of the Agreement run from the date in which the application is approved and the last day of the current school year for the Recipient’s student. Agreement must be renewed or cancelled at the conclusion of each school year. Recipient may keep, use, and enjoy the instrument for additional school years as long as annual administration fees are paid, the Agreement renewed, and all other terms & conditions are met.

Annual Term. This Agreement shall commence on the date signed by the parties below and shall continue for a period of one year, automatically renewed for consecutive periods of one year each unless terminated by either party in accordance with this Agreement.

Annual Term i. In the event you select to purchase the Services annually, this Agreement, as amended from time to time, shall be effective from the date you first agree to this Agreement and shall be valid for twelve (12) consecutive months thereafter. At 11:59:59 PM Eastern Standard Time on the final day of the 12th month, this Agreement shall automatically renew for an additional 12 month term and shall automatically renew every 12 months thereafter until termination by You or VM in accordance with Section 13(c) herein. ii. For example, should you select to pay annually for Your Account and the Services, and Your account is activated on the 5th of June, the Term shall automatically renew at 11:59:59 PM, Eastern Standard Time on the 4th of June the following year and shall continue to renew in this manner until termination pursuant to this Agreement.

Annual Term. Service is offered on an annual basis that begins on the date that you activate your Service (begin to record data with your Accsense equipment) and ends on the day before the same date for the following year. If you terminate service on one or more Devices for any reason prior to the end of the one year term, you will not be entitled to any refunds. If you do not use the Service for periods of time during the Annual Service period, you will not be entitled to any refund or pro-ration.

Annual Term coverage begins on the Effective Date and continues for eleven (11) months thereafter. In the event You elect to renew Your annual Term, coverage will include twelve (12) months. NOTICE: Your annual Agreement fee is subject to change. In the event of change, You will receive written notice at Your current address in Our file (email or physical address as necessary) at least sixty (60) days prior to implementation. You then have the option to either: (a) pay the new annual fee amount when due and have coverage continue; or (b) cancel Your coverage by notifying us as outlined in the “XIV. CANCELLATION…” provision of this Agreement.

Annual Term. A. Annual Pre-Payment. You will be billed in advance for twelve months of subscription fees. Unless the Services Order provides for a different payment term, such payment shall be due within thirty (30) days of the Effective Date, regardless of whether or not a Ramp Period applies. 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 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 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. All invoices are due within thirty (30) days of the date of such invoice, unless otherwise provided in the Services Order. Any prepaid amount is non-refundable.

Annual Term. 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 Order, prorated for the monthly unit rates. After the Ramp Period, if actual usage in a month exceeds the Annual Subscription amount set forth in the Order (prorated for a one-month period), You will be charged for such excess usage at the Subscription rates set forth in the Order, pro-rated for the monthly unit rates. Overages, if any, will be billed monthly in arrears. Any prepaid amount is non- refundable.

Annual Term