Common use of Software Fees Clause in Contracts

Software Fees. (a) Where any Software is supplied, the Software Fees will be specified in the Quote. The Software Fees may be determined based on the number of End Users, the functionality and customisation of the Software, the level of administrative privileges and support that the Customer requests Rapid Electronics to provide, and the period to which the fees relate (each a Billing Period), as well as any other relevant matters set out in the Quote. If no Software Fees are specified in the Quote for the relevant Software and the Quote does not provide that the Software Fees are included in the Fees for the other Products to be supplied, then the Customer will be charged Software Fees at Rapid Electronics’ current rates as reasonably determined by Rapid Electronics. (b) Generally, the Software Fees are automatically charged on recurring basis each Billing Period (which will generally be one month) and will be payable from the time that the Customer is given access to the Software until this Agreement is terminated in accordance with its terms. Rapid Electronics will invoice the Customer for the Software Fees at any time after the end of each Billing Period.