Common use of Co-term Clause in Contracts

Co-term. From the Effective Date for a period of two (2) years, the Parties agree that the Subscription period of any Subsequent Subscription will not expire earlier or later than the Subscriptions comprising the Minimum Purchase. The Subscription period for the Later Subsequent Subscription will expire twelve (12) months from the date a Purchase Order is issued in relation to such Subsequent Subscriptions. For the avoidance of doubt, the Customer cannot apply any Discount to the renewal of a Later Subsequent Subscription.