MLSA Term Sample Clauses
The 'MLSA Term' clause defines the duration for which the Master License and Services Agreement (MLSA) remains in effect between the parties. Typically, this clause specifies the start date and the conditions under which the agreement continues, such as automatic renewals or fixed end dates, and may outline procedures for extension or termination. By clearly establishing the agreement's timeframe, this clause ensures both parties understand their ongoing obligations and provides a framework for managing the relationship over time.
MLSA Term. The term of this MLSA shall commence on the Effective Date and shall continue until no Order Forms or SOWs remain in effect, unless earlier terminated as set forth below (the “MLSA Term”). Either Party may terminate this MLSA if the other Party commits a material breach of this MLSA and, if capable of remedy, does not cure such breach within 30 days after receipt of written notice. Upon termination, Customer shall promptly pay to Snow all outstanding Fees that accrued through the effective date of termination. Termination of this MLSA shall simultaneously terminate any Order Forms and SOWs then in effect. If this MLSA is terminated by Snow for Customer’s material breach, all rights and licenses granted to Customer are terminated and revoked (even if it is identified as “perpetual”).
MLSA Term. The term of this MLSA shall commence on the Effective Date and shall continue until no Order Forms or SOWs remain in force and effect, unless earlier terminated in accordance with Section 12.c (Termination for Breach) (the “MLSA Term”).