Common use of Recurring Billing Clause in Contracts

Recurring Billing. The Service Fees may include a recurring period charge based on Customer’s use of the Coinbase Services, as specified in the Order Schedule (which may be designated in the Order Schedule as the “Subscription Fee”). Customer acknowledges that if the Coinbase Services have a recurring payment feature then Customer accepts responsibility for all recurring charges prior to cancellation. COINBASE MAY SUBMIT PERIODIC CHARGES (E.G., MONTHLY) WITHOUT FURTHER AUTHORIZATION FROM CUSTOMER, UNTIL CUSTOMER PROVIDES PRIOR NOTICE (RECEIPT OF WHICH IS CONFIRMED BY COINBASE ) THAT CUSTOMER HAS TERMINATED OR REVOKED THIS AUTHORIZATION OR WISHES TO CHANGE CUSTOMER’S PAYMENT METHOD. SUCH NOTICE WILL NOT AFFECT CHARGES SUBMITTED BEFORE COINBASE REASONABLY COULD ACT. CUSTOMER MAY TERMINATE OR REVOKE CUSTOMER’S AUTHORIZATION OR CHANGE CUSTOMER’S PAYMENT METHOD BY GOING TO CUSTOMER’S ACCOUNT SETTINGS.

Appears in 4 contracts

Sources: Master Infrastructure as a Service Agreement (21Shares Sui ETF), Master Infrastructure as a Service Agreement (21Shares Polkadot ETF), Master Infrastructure as a Service Agreement (21Shares Solana ETF)

Recurring Billing. The Service Fees may include a recurring period charge based on Customer’s use of the Coinbase Services, as specified in the Order Schedule (which may be designated in the Order Schedule as the “Subscription Fee”). Customer acknowledges that if the Coinbase Services have a recurring payment feature then Customer accepts responsibility for all recurring charges prior to cancellation. COINBASE MAY SUBMIT PERIODIC CHARGES (E.G., MONTHLY) WITHOUT FURTHER AUTHORIZATION FROM CUSTOMER, UNTIL CUSTOMER PROVIDES PRIOR NOTICE (RECEIPT OF WHICH IS CONFIRMED BY COINBASE COINBASE) THAT CUSTOMER HAS TERMINATED OR REVOKED THIS AUTHORIZATION OR WISHES TO CHANGE CUSTOMER’S PAYMENT METHOD. SUCH NOTICE WILL NOT AFFECT CHARGES SUBMITTED BEFORE COINBASE REASONABLY COULD ACT. CUSTOMER MAY TERMINATE OR REVOKE CUSTOMER’S AUTHORIZATION OR CHANGE CUSTOMER’S PAYMENT METHOD BY GOING TO CUSTOMER’S ACCOUNT SETTINGS.

Appears in 1 contract

Sources: Master Infrastructure as a Service Agreement (Hashdex Nasdaq Crypto Index US ETF)

Recurring Billing. The Service Fees may include a recurring period charge based on Customer’s use of the Coinbase Services, as specified in the Order Schedule (which may be designated in the Order Schedule as the “Subscription Fee”). Customer acknowledges that if the Coinbase Services have a recurring payment feature then Customer accepts responsibility for all recurring charges prior to cancellation. COINBASE MAY SUBMIT PERIODIC CHARGES (E.G., MONTHLY) WITHOUT FURTHER AUTHORIZATION FROM CUSTOMER, UNTIL CUSTOMER PROVIDES PRIOR NOTICE (RECEIPT OF WHICH IS CONFIRMED BY COINBASE ) THAT CUSTOMER HAS TERMINATED OR REVOKED THIS AUTHORIZATION OR WISHES TO CHANGE CUSTOMER’S PAYMENT METHOD. SUCH NOTICE WILL NOT AFFECT CHARGES SUBMITTED BEFORE COINBASE REASONABLY COULD ACT. CUSTOMER MAY TERMINATE OR REVOKE CUSTOMER’S AUTHORIZATION OR CHANGE CUSTOMER’S PAYMENT METHOD BY GOING TO CUSTOMER’S ACCOUNT SETTINGS.. 6.6

Appears in 1 contract

Sources: Master Infrastructure as a Service Agreement (Franklin Solana Trust)