Initial Hosting Term definition
Examples of Initial Hosting Term in a sentence
The Initial Hosting Term shall be defined in the Scope of Service or Payment Schedule above.
The Initial Hosting Term shall begin at the date above regardless of project delays resulting from CLIENT’s failure to provide PROFESSIONAL with information required to access project data sources according to the project schedule.
The fees for access to and use of the Software and Services hereunder (collectively, the “Fees”) shall be as set forth in the Purchase Order, shall be paid annually and in advance, and will be fixed for the initial term of the license to the Software, the Initial Hosting Term and the Initial Support Term.
Thereafter, the Initial Hosting Term shall automatically renew for consecutive one (1) year terms (each renewal term and the Initial Hosting Term is collectively referred to as, the “Hosting Term”) unless either party provides the other party with written notice of its desire not to renew the Order for Hosting Services at least ninety (90) days before the end of the then- current Hosting Term.
The Initial Hosting Term shall begin at the date above regardless of project delays resulting from Client’s failure to provide Professional with information required to access project data sources according to the project schedule.
Notwithstanding the foregoing, if by the end of the Initial Hosting Term or any renewal term thereof (each a “Renewal Hosting Term” and, such end date, the “End Date”) Customer has not renewed the term of the Hosting Services (the “Hosting Term”), the Hosting Term shall automatically be extended for a sixty (60) day grace period (the “Grace Period”).
All information must be provided by the CLIENT to the PROFESSIONAL at least 21 days prior to the start of the Initial Hosting Term, defined below, to ensure that all data will be available on the portal at the start of the Initial Hosting Term.
All information must be provided by CLIENT to the PROFESSIONAL at least twenty-one (21) days prior to the start of the Initial Hosting Term, defined below, to ensure that all data will be available on the portal at the start of the Initial Hosting Term.