Payment and Term Sample Clauses
The Payment and Term clause defines the financial obligations and the duration of the agreement between the parties. It typically outlines when and how payments must be made, such as specifying due dates, acceptable payment methods, and any penalties for late payment. Additionally, it sets the start and end dates of the contract, and may address renewal or extension terms. This clause ensures both parties are clear on their monetary responsibilities and the timeframe of their commitments, reducing the risk of disputes over payment schedules or contract duration.
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Payment and Term. Vendor hereby agrees to pay Signature an annual membership fee in the amount of six hundred and ninety-five and no/100 dollars ($695.00) per year (hereinafter referred to as “Membership Fee”). This Agreement shall remain in effect for one (1) year, beginning on the Effective Date. This Agreement shall renew automatically for consecutive one (1) year periods (hereinafter collectively referred to as, the “Term”), unless it is terminated at least thirty (30) calendar days before the expiration of the then-current Term. In the event of a material breach of this Agreement by Vendor (including non-payment of the Membership Fee), Vendor shall have seven (7) calendar days to cure such breach from the date the Vendor receives written notice from Signature of such material breach. If Vendor fails to cure such breach with seven (7) calendar days, Signature may immediately terminate this Agreement. This Agreement may otherwise be terminated by either Party with fourteen (14) calendar days’ written notice (email shall suffice) to the other Party. The Membership Fee is non-refundable for any reason whatsoever.
Payment and Term. Fixed‐Term Subscriptions for Performance Cloud VMware are invoiced and must be paid monthly. Fixed‐Term Subscriptions for Performance Cloud VMware do not automatically renew. At the end of the Initial Subscription Term, unless otherwise agreed between the Parties, the Service will be invoiced as a Monthly Subscription at Sherweb’s standard rate.
Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue for the Multi-Year Term as stated in the Annex unless and until terminated in accordance with Clause 11.
3.2 The Licensee shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA.
3.3 CLA reserves the right to charge interest at the Prescribed Rate on late payment of any amounts due under this Agreement.
Payment and Term. (a) Payment of the Custom Application Support Fee shall be due net 30 days from date of RSA invoice.
(b) The initial term of this CAS Agreement shall begin as set forth in the applicable ordering document. Subject to Section 5(c), Custom Application Support may subsequently be renewed on an annual basis, unless RSA notifies Customer at least 60 days before the expiration of the initial term or any renewal term of its intent not to renew Custom Application Support.
(c) Custom Application Support specifically excludes support for any version of the custom software released by RSA which has reached its "end of primary support" (EOPS) date, as determined by RSA. Each custom software deliverable will reach its EOPS date after a period of not less than thirty six (36) months following the date of that deliverable’s "General Availability" (or "GA" release date, as this term is generally understood in the software industry). This time period may be extended by RSA at its sole discretion. For certain custom software deliverables, Customers may enter into an Extended Support agreement for a period of one or two years to obtain Custom Application Support for custom software which has already reached its EOPS date.
(d) If Custom Application Support expires or is terminated, and Customer subsequently seeks to reinstate Custom Application Support, Customer shall pay the cumulative (a) Custom Application Support Fees applicable for the period during which support lapsed; and (b) the then- current reinstatement fee, as quoted by an authorized RSA representative, distributor or reseller.
Payment and Term. 3.1 The Licence shall commence on the Commencement Date and thereafter shall automatically renew for further twelve-monthly periods unless and until determined in accordance with clause 9.
3.2 CLA has elected to have a self-billing arrangement, subject to the prior approval of Her Majesty’s Customs and Excise. All payments pursuant to such self- billing arrangement shall be made by the Licensee quarterly within 30 days after the end of each Quarter in respect of Licensed Copies made in that Quarter.
3.3 In the event that payment is not received by CLA in accordance with clause 3.2, CLA shall give notice to the Licensee by electronic mail to make payment within seven days after receipt of such notice, and, if payment is not then received in full by CLA within the said seven days, CLA may suspend this Agreement with immediate effect.
3.4 CLA reserves the right to charge interest at the Prescribed Rate on late payment of Copyright Fees.
3.5 In the event that the Licensee does not pay the correct Copyright Fee following a change to Copyright Fees duly notified to it by CLA, it shall, in addition to paying any shortfall and interest thereon at the Prescribed Rate, also pay a sum in respect of CLA’s reasonable administrative expenses.
Payment and Term. (a) Payment of the Custom Application Support Fee shall be due net thirty (30) days from date of RSA invoice.
(b) The initial term of this Exhibit shall begin upon execution of the Agreement. Subject to Section 5(c), Custom Application Support may subsequently be renewed on an annual basis, unless RSA notifies Customer at least sixty (60) days before the expiration of the initial term or any renewal term of its intent not to renew Custom Application Support.
(c) Custom Application Support specifically excludes support for any version of the custom software released by RSA which has reached its "end of primary support" (EOPS) date, as determined by RSA. Each custom software deliverable will reach its EOPS date after a period of not less than twenty-four (24) months following the date of that deliverable’s "General Availability" (or "GA" release date, as this term is generally understood in the software industry). This time period may be extended by RSA at its sole discretion. For certain custom software deliverables, Customers may enter into an Extended Support agreement for a period of one or two years to obtain Custom Application Support for custom software which has already reached its EOPS date.
(d) If Custom Application Support expires or is terminated, and Customer subsequently seeks to reinstate Custom Application Support, Customer shall pay the cumulative (a) Custom Application Support Fees applicable for the period during which support lapsed; and (b) the then-current reinstatement fee, as quoted by an authorized RSA representative, distributor or reseller. SUPPLEMENTAL TERMS AND CONDITIONS APPLICABLE TO RSA TRAINING SERVICES
(a) All materials provided by RSA University for training services are the property of RSA. Customer shall not duplicate such materials and may use the materials solely in conjunction with the training provided by RSA hereunder. Use of RSA On-Demand Training (e.g. RSA On-Demand Learning, On-Demand Labs and On-Demand Classroom training) is limited to a single user. RSA reserves all rights not expressly granted to Customer in the applicable governing agreement.
(b) An order for training services is valid for a period of twelve (12) months from the date of purchase (the “Term”) and may not be combined with other discounts, offers or promotions.
(c) Customer will be invoiced for RSA training at the time of order submission, and expected to pay in accordance with Section 6 (Payment Terms) of the Agreement.
(d) Training courses are ...
Payment and Term. In consideration of the rights granted herein to Lilly by Aurora and services provided to Lilly by Aurora relating to the Collaborative Screening Program, Lilly agrees to pay Aurora as set forth in Section 3.0 and as follows in Section 6.0. All royalties required to be paid by Lilly in this Agreement shall be paid ***; thereafter, Lilly shall be entitled to continue to sell such Covered Product in such country without further compensation to Aurora hereunder. If Lilly is required by the United States government or other authorities to withhold any tax on the amounts payable to Aurora under this agreement, Lilly shall be allowed to do so, and shall in such case remit royalty payments to Aurora net of such withheld amount, provided that Lilly furnishes Aurora with proof of payment of such withholdings as soon as practicable after such withholding in order that Aurora may use the withholding tax paid as a tax credit. *** CONFIDENTIAL TREATMENT REQUESTED
Payment and Term. 3.1 The Licence and the supply of the Content shall commence on the Commencement Date and continue from year to year unless and until terminated in accordance with Clause 11.
3.2 NES shall pay the Fee together with any VAT payable within 30 days of receipt of an invoice from CLA.
Payment and Term. Term of Sponsorship shall be from __________ through unless otherwise noted in this Agreement. • Sponsor payment shall be made in full not later the scheduled commencement of the Term.
Payment and Term a) The initial term of this Licence shall be one year from the Effective Date (“Initial Term”). Provided that the Licensee has paid the then current annual subscription fee (each a “Renewal Fee”), in full, either prior to the expiry of the Initial Term or prior to the relevant anniversary thereof the Licence shall automatically be renewed for additional periods of one calendar year (each a “Renewal Term”). Notwithstanding the aforesaid, where payment of the applicable Renewal Fee has not been received in full prior to the expiry of the Initial Term or prior to the relevant anniversary thereof, the Initial Term or Renewal Term, as applicable, may be extended by The Company of Biologists for a discretionary grace period, subject to Licensee giving reasonable justification for the delay to The Company of Biologists. The Licence may be renewed for the next Renewal Term if payment of the Renewal Fee is received by The Company of Biologists prior to the expiry of the discretionary grace period.
b) Payment of the Renewal Fee in accordance with clause 6(a) will indicate the Licensee’s ongoing acceptance of the terms and conditions of this Licence (including the Copyright Policy) for the period of the applicable Renewal Term. SAMPLE
c) The Company of Biologists may, from time to time, amend the Renewal Fee payable in respect of a subsequent Renewal Term by giving the Licensee notice of the applicable Renewal Fee for the subsequent Renewal Term, either prior to the expiration of the Initial Term or the preceding Renewal Term, as applicable.
d) The Company of Biologists may modify the terms of this Licence by providing Licensee notice of such modification at least sixty (60) days’ prior to the end of the Initial Term or any Renewal Term (as applicable). Such modifications shall take effect at the start of the subsequent Renewal Term (if any). Modifications to this Licence shall also be posted on The Company of Biologists’ web site found at ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇.
e) The Licensee shall notify The Company of Biologists (by sending an email to the email address: ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ ) if, at any time, it wishes to increase the number of Licensed Sites. The Company of Biologists shall review such request and confirm the required increase to the amount of the Initial Fee or Renewal Fee, as applicable. The Company of Biologists shall only grant access to such additional Licensed Site after:
(i) such increase to the Initial Fee or Renewal Fee (if any) has been paid by L...