Common use of Fixed Term Subscriptions Clause in Contracts

Fixed Term Subscriptions. (a) Products sold under fixed term Subscriptions are sold for a term as specified in the Statement of Work. The Statement of Work shall specify if such Subscriptions are to be billed on a monthly or annual basis. (b) Any subsequent adjustments to annual Subscriptions (e.g. adding users) made mid-billing cycle will be invoiced and paid at the time of placing the order. (c) Any subsequent adjustments to monthly Subscriptions (e.g. adding users) made mid-billing cycle will be calculated and post-billed at the subsequent invoice.

Fixed Term Subscriptions. (a) Products sold under fixed term Subscriptions are sold for a term as specified in the Statement of Work. The Statement of Work shall specify if such Subscriptions are to be billed on a monthly or annual basis. (b) Any subsequent adjustments to annual Subscriptions (e.g. adding users) made mid-mid- billing cycle will be invoiced and paid at the time of placing the order. (c) Any subsequent adjustments to monthly Subscriptions (e.g. adding users) made mid-mid- billing cycle will be calculated and post-billed at the subsequent invoice.

Fixed Term Subscriptions. (a) Products sold under fixed term Subscriptions are sold for a term as specified in the Statement of Work. The Statement of Work shall specify if such Subscriptions are to be billed invoiced on a monthly or annual basis. (b) Any subsequent adjustments to annual Subscriptions (e.g. adding users) made mid-billing cycle will be invoiced and paid at on or around the time of placing the order. (c) Any subsequent adjustments to monthly Subscriptions (e.g. adding users) made mid-billing cycle will be calculated and post-billed invoiced at the subsequent invoice.