CAAS Clause Samples
The CAAS (Contract as a Service) clause defines the terms under which contractual services are provided on a subscription or on-demand basis, rather than as a one-time agreement. Typically, this clause outlines the scope of services, payment schedules, renewal terms, and the responsibilities of both parties throughout the service period. For example, it may specify how updates, support, or modifications are handled during the contract's lifecycle. The core function of this clause is to establish a flexible, ongoing contractual relationship that adapts to changing needs, ensuring both parties understand their obligations and the mechanisms for service delivery and payment.
CAAS. 2.1. In consideration of and conditional upon the payment of the full payment of the CaaS Fee to Us (on the terms set out in the relevant Statement of Work) We grant You a non-exclusive, revocable, non-transferable right, without the right to grant sub-licences, to use the CaaS. Such right shall commence on the provision of the CaaS and shall continue for the Licence Term.
2.2. We will supply the CaaS in accordance with the CaaS Content Maintenance Statement.
CAAS. Agria undertakes that it will promptly following execution of this agreement subscribe and pay for RMB 12,500,000 of shares in the Chinese Academy of Agricultural Sciences (“CAAS”), in accordance with and pursuant to the terms of the subscription agreement dated 9 September 2009 between Agria and CAAS. pgg ▇▇▇▇▇▇▇▇▇ subscription agreement