Subscription Rate Clause Samples
The Subscription Rate clause defines the price or fee that a subscriber must pay to access a service, product, or membership over a specified period. Typically, this clause outlines whether the rate is fixed, variable, or subject to periodic adjustments, and may specify payment intervals such as monthly or annually. By clearly stating the cost and payment terms, the clause ensures both parties understand the financial obligations involved, reducing the risk of disputes over pricing and facilitating predictable revenue for the provider.
Subscription Rate. 2.1. In consideration of the Service to be provided by the MSRB pursuant to this Agreement, Subscriber agrees to pay a fee equal to $2,000 per annum. The MSRB will invoice Subscriber quarterly in arrears. Each quarterly invoice will include a fee statement for the Service, and in addition, sales tax, as applicable. Subscriber agrees to pay each MSRB invoice, in full, within thirty (30) days of the date of the invoice. Invoices will be prorated, as applicable, to the Commencement Date or the date the Service is terminated.
2.2. The MSRB reserves the right to adjust the Subscription Rate upon thirty (30) days written notice to the Subscriber. In this event, Subscriber may terminate this Agreement by providing the MSRB with written notice of termination within thirty (30) days of notification of such rate adjustment. If the MSRB does not receive written notice of termination from Subscriber within such thirty (30) days, the rate adjustment for Subscriber shall take effect.
Subscription Rate. The Subscription Rate at any given time shall be determined by subtracting the applicable Discount Rate from the applicable Tariff Rate at that time.
Subscription Rate. The Subscription Rate will be a ten percent (10%) discount to the Electric Utility’s rate for Bill Credits, calculated as ninety percent (90%) multiplied by the Applicable Rate defined in Section 3(a)(iii).
Subscription Rate. The Subscription Rate at any given time shall be determined by subtracting the applicable Discount Rate from the applicable BCR at that time.