Common use of Multi-year Subscription Clause in Contracts

Multi-year Subscription. The Customer can purchase a multi-year subscription to Software, in which case the Software will last for the agreed time of the multi-year subscription. In the case of contracting a multi-year subscription, the Software is paid immediately upon the start of the subscription period, and such subscription is not subject to price changes. When the term of the multi-year subscription expires, the Software is automatically renewed, unless the renewal of the subscription is cancelled in advance or otherwise agreed upon.

Appears in 2 contracts

Sources: End User License Agreement, End User License Agreement