Minimum Contract Term definition

Minimum Contract Term means the minimum period of service as specified in clause 11;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Minimum Contract Term means the minimum period of service as specified in clause 10;

Minimum Contract Term means the period stated as the minimum contract term in the Service Agreement.

Examples of Minimum Contract Term in a sentence

• Each Service Order shall be automatically renewed beyond its Minimum Contract Term on a month-to-month basis unless either party notifies the other party of its notice of non-renewal no less than thirty (30) days prior to expiration of the Minimum Contract Term.

• Notwithstanding the foregoing, Company commits not to terminate for convenience during the Minimum Contract Term and any agreed renewal period.

• Customer is required to commit to and shall pay for the Services for, at least the Minimum Contract Term specified in the Service Orders, any renewed period, notice period whether or not the Services are still being used by the Customer.

• If Customer terminates the Agreement, ceases renting the Hardware or accessing the Services during the Minimum Contract Term, then Customer must pay EROAD an early termination fee for the Hardware and the associated Services.

• Once the Minimum Contract Term expires, this Agreement will continue on a month-to-month basis.

• EROAD may adjust the Fees following the expiry of the Minimum Contract Term.

• You may terminate all or any of the Services, at any time after the Minimum Service Period or, if longer, the Minimum Contract Term identified in the Specific Terms and Conditions, by giving 14 days’ notice in writing to us in accordance with Clause 9.2 unless otherwise agreed in Specific Terms and Conditions.

• The early termination fee is an amount equal to the total amount of Fees that would have been payable by Customer for the Hardware and the associated Services specified in the Agreement for the remainder of the Minimum Contract Term had the Agreement not been terminated or had Customer not ceased renting the Hardware or accessing the Services (the Early Termination Fee).

• If the Contract is terminated prior to expiry of the Minimum Contract Term then all equipment must be returned to us.

• In the event that a NRES Connection (for the purpose of paragraph 1.8 , the “first NRES Connection”) is relocated to a different Non-Residential Premise after provisioning, the Tender Rebate shall continue to be applied to the relocated NRES Connection (which would be allocated a new ORI) until the end of the period that would have been the remainder of the Minimum Contract Term of the first NRES Connection.

More Definitions of Minimum Contract Term

Minimum Contract Term means the later of the minimum contract term set out in the Network Services Agreement or 24 months;

Minimum Contract Term means the minimum contract term that monthly payments will be collected by Direct Debit, as detailed on your plan certificate.

Minimum Contract Term means the initial minimum contractual term of a Membership (which may be longer than the applicable Notice Period).

Minimum Contract Term means the ‘Length of Contract’ detailed in the Tariff Addendum in relation to ▇▇▇▇ and/or Usage Pools (or as may be otherwise detailed in Product Schedules respect of other Services), starting on the Service Start Date;

Minimum Contract Term means the initial minimum duration of the Agreement, as specified in the Order Form.

Minimum Contract Term has the meaning given in sec. 8.6.