Common use of Term of Subscriptions Clause in Contracts

Term of Subscriptions. Subscriptions to the Application Services commence on the Subscription Start Date specified in the applicable Commercial Agreement and continue for the Subscription Term specified therein. Except as otherwise specified in the applicable Commercial Agreement, all Subscriptions shall automatically renew for additional periods equal to the expiring Subscription Term or one year (whichever is higher), unless either party gives the other notice of non-renewal at least 90 days before the end of the relevant Subscription Term. The per-unit pricing during any such renewal term is based on the highest Subscription Fee previously paid unless Adverity has given Customer written notice of a pricing increase at least 90 days before the end of the last possible termination date for the renewal term, in which case, if Customer does not terminate, the pricing increase shall be effective upon renewal and thereafter. Any such pricing increase shall not exceed 7% of the pricing for the relevant Application Services in the immediately prior Subscription Term, unless the pricing in such prior term was designated in the relevant Commercial Agreement as promotional or one-time and an increase is already stated in the Commercial Agreement.

Appears in 4 contracts

Samples: Master Subscription Agreement, Master Subscription Agreement, Master Subscription Agreement

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Term of Subscriptions. Subscriptions to the Application Services commence on the Subscription Start Date specified in the applicable Commercial Agreement and continue for the Subscription Term specified therein. Except as otherwise specified in the applicable Commercial Agreement, all Subscriptions shall automatically renew for additional periods equal to the expiring Subscription Term or one year (whichever is higher), unless either party gives the other notice of non-renewal at least 90 days before the end of the relevant Subscription Term. The per-unit pricing during any such renewal term is based on the highest Subscription Fee previously paid unless Adverity has given Customer written notice of a pricing increase at least 90 days before the end of the last possible termination date for the renewal term, in which case, if Customer does not terminate, the pricing increase shall be effective upon renewal and thereafter. Any such pricing increase shall not exceed 7% of the pricing for the relevant Application Services in the immediately prior Subscription Term, unless the pricing in such prior term was designated in the relevant Commercial Agreement as promotional or one-time and an increase is already stated in the Commercial Agreement.

Appears in 2 contracts

Samples: Master Subscription Agreement, Master Subscription Agreement

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Term of Subscriptions. Subscriptions to the Application Services commence on the Subscription Start Date specified in the applicable Commercial Agreement and continue for the Subscription Term specified therein. Except as otherwise specified in the applicable Commercial Agreement, all Subscriptions subscriptions shall automatically renew for additional periods equal to the expiring Subscription Term or one year (whichever is highershorter), unless either party gives the other notice of non-renewal at least 90 days before the end of the relevant Subscription Term. The per-unit pricing during any such renewal term is based on shall be the highest Subscription Fee previously paid same as that during the prior term unless Adverity Contentplace has given Customer written notice of a pricing increase at least 90 days before the end of the last possible termination date for the renewal term, in which case, if Customer does not terminate, the pricing increase shall be effective upon renewal and thereafter. Any such pricing increase shall not exceed 7% of the pricing for the relevant Application Services in the immediately prior Subscription Termsubscription term, unless the pricing in such prior term was designated in the relevant Commercial Agreement as promotional or one-time and an increase is already stated in the Commercial Agreement.

Appears in 1 contract

Samples: Master Subscription Agreement

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