Term, Termination, and Renewals Sample Clauses

Term, Termination, and Renewals a) Unless terminated earlier as provided in the Agreement or in Section 6. d. below, this Product Agreement shall be in effect as of the first date of any SOP for applicable Products and shall continue for the term(s) stated in the SOP(s) for the Products purchased (“Product Agreement Term”). This Product Agreement shall automatically renew for successive twelve (12) month periods (each a “Product Agreement Renewal Term”), unless either Party provides written notice of its intent not to renew at least thirty (30) days prior to the end of the then-current Product Agreement Term or Product Agreement Renewal Term. b) Unless terminated earlier as provided in the Agreement or this Product Agreement under Section 6. d. below, each SOP shall be in effect as of the Go Live Date defined below (“SOP Effective Date”) and shall continue for the term stated in each SOP for Products purchased. Each SOP shall automatically renew for successive twelve (12) month periods at then applicable rates which are subject to change in ▇▇▇▇▇’s sole discretion, unless either Party provides written notice of its intent not to renew at least thirty (30) days prior to the end of the then-current SOP term or renewal term. c) For the avoidance of doubt, the terms and conditions of this Product Agreement shall continue to apply with respect to any SOP which, by its terms, continues in effect after the date of termination of this Product Agreement; provided that ▇▇▇▇▇ shall not accept any new SOP for UnifyIT from Client after a notice of termination of this Product Agreement has been given by either party, or while any uncured breach by Client exists. d) Client is purchasing the Products for the complete contract term designated in the SOP. Client may terminate any SOP after providing thirty (30) days’ written notice to ▇▇▇▇▇. In the event Client terminates a SOP prior to the end of the then current SOP term, Client will pay Marco an amount equal to the Monthly Recurring Charge, multiplied by the number of months remaining in the SOP Term or SOP Renewal Term (“Termination Fee”) and any professional service, on boarding, off boarding, or other applicable fees. Client shall pay ▇▇▇▇▇’s invoice containing the Termination Fee and any other fees within thirty (30) days of the date of the invoice. Notice of termination under this subsection shall be provided as set forth in the Agreement.