Software Charge definition
Examples of Software Charge in a sentence
If Service Provider does not obtain DIR’s prior approval in respect of any Software Expenditures, then such costs shall not be included in the Software Charge and Service Provider shall be responsible for such costs.
The Charges shall include any Software procured by Service Provider pursuant to the Software Charge methodology, to compensate Service Provider for the Software procured on DIR’s behalf as provided in this provision.
To clarify, the provisions of this Section shall apply to Software procured pursuant to the Software Charge, and not the provisions governing the procurement of Software as set forth in Section 6 of the Agreement.
The Software Charge should include the amounts actually paid or incurred by Service Provider.
The monthly charges for Software Charge acquisitions in a given month will equal the following: Monthly Software Charge= Software Expenditures x 1.025 divided by twelve (12).
DIR shall be responsible for paying all Software Charges on such Servers in full, no later than the last date on which such Software Charge is no longer applicable.
For Software Licenses purchases and Maintenance contracts that are in effect for twelve (12) months, the monthly charges for Software Charge acquisitions in a given month will equal the following: Monthly Software Charge= Software Expenditures x 1.025 divided by twelve (12).
DIR shall be responsible for paying all related Software Charges in full, no later than the last date on which such Software Charge is no longer applicable.
For software maintenance expenditures that have a time period longer than 12 months the monthly charges will equal: Monthly Software Charge = Software Expenditures x 1.025 x (Software Expenditure Months/12) divided by Software Expenditures Months.
If requested by the Customer, the Charges shall include dedicated security software and security software maintenance procured by the Service Provider pursuant to the Software Charge methodology below and for use on security hardware utilized by Service Provider in the provision of the Services.