MAINTENANCE FEES/CAP Clause Samples

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MAINTENANCE FEES/CAP. (A) The fee for the initial year of Preventive Maintenance and Remedial Maintenance Services shall be as agreed to by the Parties and set forth in the applicable Transaction Agreement. Subsequent maintenance fees for each of the next three (3) years shall be the lesser of the then-current maintenance fee schedule or seven percent (7%) of the then-current applicable license fee to Customer discounted by the percent discount Customer received at the inception of the Software License. (B) Supplier agrees not to increase the annual maintenance renewal fee for any Licensed Software in any renewal period by more than seven percent (7%) over the immediately preceding year's maintenance renewal fee.