Common use of Subscription Terms and Renewals Clause in Contracts

Subscription Terms and Renewals. The Software is licensed under each Order Form on a subscription basis (“Subscription”). The term of any Subscription shall be twelve (12) months commencing on the start date specified on the applicable Order Form (unless otherwise designated in the Order Form) (“Subscription Term”). If no Subscription start date is specified on the applicable Order Form, the start date shall be the date when NT delivers to Customer the license key for the Software. Unless terminated earlier in accordance with Section 4, each Subscription Term will automatically renew upon expiration of the initial Subscription Term for additional successive one (1) year terms unless either party gives the other prior written notice of cancellation at least thirty (30) days prior to expiration of the then-current term. Unless otherwise specified on the Order Form, the rates for any Subscription Term renewals shall be NT’s then-current Subscription rates.

Appears in 3 contracts

Samples: Master Subscription License Agreement, Software and Services Agreement Terms and Conditions, Software and Services Agreement Terms and Conditions

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Subscription Terms and Renewals. The Software is licensed under each Order Form on a subscription basis (“Subscription”). The term of any Subscription shall be twelve (12) months commencing on the start date specified on the applicable Order Form (unless otherwise designated in the Order Form) (“Subscription Term”). If no Subscription start date is specified on the applicable Order Form, the start date shall be the date when NT CFEngine delivers to Customer the license key for the Software. Unless terminated earlier in accordance with Section 4, each Subscription Term will automatically renew upon expiration of the initial Subscription Term for additional successive one (1) year terms unless either party gives the other prior written notice of cancellation at least thirty (30) days prior to expiration of the then-current term. Unless otherwise specified on the Order Form, the rates for any Subscription Term renewals shall be NTCFEngine’s then-current Subscription rates.

Appears in 1 contract

Samples: Master Subscription License Agreement

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