Service Extension definition
Examples of Service Extension in a sentence
This Agreement is effective as of the date hereof and shall remain in effect with respect to a particular Service until the occurrence of the Applicable Termination Date applicable to such Service (or, subject to the terms of Section 5.02, the expiration of any Service Extension applicable to such Service), unless earlier terminated (i) in its entirety or with respect to a particular Service, in each case in accordance with Section 5.03 or Section 5.04, or (ii) by mutual consent of the Parties.
The Parties shall amend the terms of Schedule A or Schedule B, as applicable, to reflect the new Service term and Cost of Services within five (5) business days following the Service Provider’s agreement to a Service Extension, subject to the conditions set forth in this Section 5.02.