Common use of Subscription Rate Clause in Contracts

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. 2.1. 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 14,000 per annum. The MSRB will invoice Subscriber quarterly in arrears. Each quarterly invoice will include a fee statement payment for the ServiceService ($3,500), delivery charges fo r the tapes, charges for tapes not returned pursuant to Section 1.5, above, and in addition, sales tax, as applicable. Subscriber agrees to pay each MSRB invoiceinvoices, 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. 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.