Annual Renewal Fee definition
Examples of Annual Renewal Fee in a sentence
For each additional year, a non-refundable annual program renewal fee ("Annual Renewal Fee") as set forth in such Schedule is due and payable upon each anniversary of the date of this Agreement.
Failure to execute (1) or (2) in a timely manner will result in the collection of the Annual Renewal Fee from Customer.
Notice will be sent to the Customer prior to the Annual Renewal Fee being automatically paid using the card on file.
Should a Monthly Access Fee or Annual Renewal Fee that is due and payable become delinquent by more than 45 days, RDR retains the right to remove the Portal from the server or suspend public display/access to the Portal.
Thereafter, this Agreement shall automatically renew for additional one-year terms subject to payment of Sybase's then-current Annual Renewal Fee and provided that Partner is not then in default of this Agreement, unless written notice of termination is given by either party at least 30 days prior to the expiration of the term then in effect.
To avoid payment of the Annual Renewal Fee, Customer must (1) provide RDR 30 days notice of cancellation of Portal services prior to the Portal anniversary date; and (2) Portal must be removed from RDR’s servers prior to the Portal anniversary date.
The Client will pay the Bank the Annual Renewal Fee on each anniversary of this Agreement.
The Bank may vary the Annual Renewal Fee by providing 14 days’ notice in advance to the Client of any changes to the Annual Renewal Fee by written notice or through FacFlow.
This License Agreement is effective commencing on the Effective Date and extending until the Expiration Date; however, the Subscription Fee or Annual Renewal Fee must be paid to use the program, receive the Annual Release, upgrades and support listed in Section 7 below during any Subscription Period.
Effective as of the date hereof, the subsection entitled "Annual Renewal Fee" on page 5 of the Loan Agreement is hereby amended in its entirety to read as follows: Annual Renewal Fee.