Upgrade Option Sample Clauses
An Upgrade Option clause grants one party the right to enhance or replace a product, service, or component with a newer or more advanced version during the term of an agreement. This clause typically outlines the conditions under which upgrades can occur, such as timing, costs, and any required notifications or approvals. Its core practical function is to provide flexibility and ensure that the recipient can benefit from technological advancements or improved features without renegotiating the entire contract.
Upgrade Option. During the course of the JMP, selected students may be offered an option to upgrade to a Joint Doctorate Degree program, if such a program exists between the Universities involved in the JMP. A JMP student thus upgraded to a JDP, based on mutual consensus between co-supervising faculty and the student, will then continue as per JDP guidelines in effect and obtain his/ her joint doctoral degree.
Upgrade Option. This term shall have the meaning given to it in Section 6(l)(2) herein.
Upgrade Option. Customer and Provider may elect to replace or improve the applicable ECM(s) pursuant to a new SOW (“Upgrade Option”), with new Service Term, Service Payment, KPI and other terms to be negotiated in good faith, provided that, with respect to Utility ECMs, PacifiCorp consents to the Upgrade Option.
Upgrade Option. Up to $50 per day for up to 6 days. Parts delay up to 2 days in excess of allowed repair time.
Upgrade Option. Should a Service Partner desire to do so, it may contribute $850 to Water Returns in addition to their in-kind service contribution, and in return receive Large Logo recognition in place of their printed name.
Upgrade Option. This term shall have the meaning given to it in Section 3(c)(3)
Upgrade Option. Rentomojo provides its Customers with an option to upgrade the Products taken on rental basis on the following terms and conditions:
a) Customer is eligible for upgrading of Product after completion of minimum of 6 (six) months continuous tenure;
b) Upgrade option will be valid only on Products of equal or of higher monthly rent of the current Product used by the Customer;
c) Time taken for upgrade of the Product shall be 7 (seven) days from the receipt of the request by ▇▇▇▇▇▇▇▇▇. Subject to the availability of the new Product requested by the Customer; and
d) Upgrade option shall be available only for the Products of the same sub-category only. The Customer hereby agrees that the option to upgrade the Products is also subject to the Product Partners providing a similar facility. The Customer further agrees that upgrading of the Product is not its right but only an option provided by Rentomojo and the Customer shall not hold Rentomojo liable in any manner whatsoever in case the Customer is not able to avail the same due to any reason whatsoever.
Upgrade Option. During the Term, Box may from time to time provide Customer with the right to obtain access for additional End Users, or features and functionality (“Box Service Upgrade”) at pricing and terms to be mutually agreed upon by the Parties. Fees for such upgrades will be invoiced to Customer, prorated on an annual basis to be coterminous with the applicable Order.