Common use of Pro-rata refund Clause in Contracts

Pro-rata refund. (a) Subject to clause 11.1, if this Agreement is terminated by Parashift under clause 14.1, Parashift will provide the School with a pro-rata refund of the Licence Fee calculated by reference to the period until the next anniversary of the Commencement Date, except for any amount equal to any subscription fees paid by Parashift for Third Party Materials that are not refundable. (b) If this Agreement is terminated by the School under clause 14.1(a), then: (i) the School must promptly remove the Software from the School's hardware; and (ii) Parashift will provide the School with a full refund of the Licence Fee paid to date (subject to the School demonstrating to Parashift's reasonable satisfaction that it has complied with clause 5.6(b)(i)).