Common use of Software Maintenance Renewal Clause in Contracts

Software Maintenance Renewal. In no event shall any subsequent annual Maintenance Fee invoiced by Supplier for payment by CPR for Maintenance and Support Services exceed the annualized fee paid in the prior year, plus an increase based on the most recently available percentage change in an appropriate Consumer Price Index-All Urban Consumers (1982-1984 = 100) for the prior 12 month period or 3% whichever is less.

Appears in 12 contracts

Sources: Master Information Technology Services and Materials Agreement, Master Information Technology Services and Materials Agreement, Master Information Technology Services and Materials Agreement