Common use of Reinstatement of Maintenance Clause in Contracts

Reinstatement of Maintenance. If You allow Maintenance to expire, You may, at a later date, renew Maintenance by paying the following: (a) if You have installed the current release of the Software but have failed to pay the applicable renewal fee on or before the ninetieth (90th) day following expiration of the Maintenance period, annual Maintenance fees at Parasoft's then-current rates, plus Parasoft's then-current reinstatement fee; or (b) if You have not installed the current release of the Software or have failed to pay the applicable renewal fee by the ninetieth (90th) day following expiration of the Maintenance period, annual Maintenance fees at Parasoft's then-current rates, plus Parasoft's then-current license update fee for the current release of the Software.

Reinstatement of Maintenance. If You allow Maintenance to expire, You may, at a later date, renew Maintenance by paying the following: (a) if You have installed the current release of the Software but have failed to pay the applicable renewal fee on or before the ninetieth (90th) day following expiration of the Maintenance period, annual Maintenance fees at Parasoft's ’s then-current rates, plus Parasoft's ’s then-current reinstatement fee; or (b) if You have not installed the current release of the Software or have failed to pay the applicable renewal fee by the ninetieth (90th) day following expiration of the Maintenance period, annual Maintenance fees at Parasoft's ’s then-current rates, plus Parasoft's ’s then-current license update fee for the current release of the Software.