Examples of Cloud Term in a sentence
The Coverage Period, Cloud Term, or Subscription Term, (if applicable) shall survive termination if the Master Agreement is terminated for convenience.
The Data Privacy and Security Policy is subject to change at eGain’s discretion; however, such changes by eGain will not result in a material reduction in the level of protection provided for Customer’s Personal Data provided to eGain during the applicable Cloud Term.
All fees for Cloud Services are based on Cloud Services subscriptions purchased and not actual usage, and quantities purchased cannot be decreased during the relevant Cloud Term.
To the extent any optional renewals are identified in the Quote, the Customer must issue a PO or a notice to proceed to extend the Cloud Term and at the prices set forth in the Quote not less than sixty (60) days prior to the end of the Cloud Term.
If Customer is current on its payment of fees for Cloud Services, then during the applicable Cloud Term, Customer shall be entitled to receive eGain Updates and Upgrades, made available by eGain at eGain’s sole discretion.
During the Cloud Term, upon Customer’s written request, not more than once per year, eGain shall provide to Customer written validation in the form of a combination of internal audits, SSAE 16 Service Organization Control ("SOC") 2 reports and/or other independent, third-party audits as may be obtained by eGain from recognized experts in the information security industry (which should be done to NIST 800-53 and ISO 2700x standards).
For clarity, if Customer has purchased any Cloud Services, Customer must also separately purchase Cloud Support for the term corresponding to the applicable Cloud Term for the purchased Cloud Services.
Invoices for subsequent years included within the Cloud Term as specified in the Quote (as may be adjusted pursuant to Section 8.2 above) will be issued prior to the Cloud Anniversary.
Unless agreed otherwise in the applicable Order, fees for Cloud Services and Cloud Support for each Renewal Cloud Term will be invoiced annually in advance prior to the start of such Renewal Cloud Term.
On occasion, the valuation expert may need a legal opinion to ascertain the identity and nature of the property being valued.