Pro-Rated Refund definition

Pro-Rated Refund means a refund to Customer of a pro rata share of any unused amounts prepaid by Customer under the applicable Order for the Services on the basis of the remaining portion of the current Order Term or Renewal Order Term.
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Examples of Pro-Rated Refund in a sentence

  • In the event of such termination, Datadog will issue a Pro-Rated Refund (as defined in Section 11.4) for such Core Service.

  • ZeroFOX’s sole liability, and Customer’s sole and exclusive remedy, for any breach of the warranties under this Section 19 will be, in ZeroFOX’s sole discretion and at no charge to Customer: (i) to use commercially reasonable efforts to correct the alleged defect or otherwise repair, replace or provide a workaround for the non-conformity, or if ZeroFOX is unable to do so, (ii) to allow Customer to terminate the applicable Order(s), in which case ZeroFOX will issue a Pro-Rated Refund.

  • After such time, if CloudSaver is unable to meet the Availability Standard, Customer may, upon written notification, terminate the Order and request a Pro-Rated Refund, as its sole and exclusive remedy for any failure by CloudSaver to meet this Availability Standard.

  • Datadog will issue the Pro-Rated Refund directly to Microsoft and any pass-through of some or all of that amount will be between Microsoft and Customer.

  • In the event of such termination, Botprise will issue Customer a Pro-Rated Refund (as defined in Section 16.4).

Related to Pro-Rated Refund

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.