SOW Term definition

SOW Term means the term of the SOW which shall begin on the commencement date stated in the relevant SOW and continue in effect for the agreed term or until the SOW Completion Date stated in the SOW unless terminated earlier pursuant to the Agreement.

SOW Term has the meaning specified in Section 4.7.3.

SOW Term has the meaning defined in an SOW.

Examples of SOW Term in a sentence

• Customer’s options at the end of a Term (SOW Term, Device Term, Software Product Term as applicable) are to: (i) provide HP with sixty (60) days advance notice to renew and extend the Term (subject to mutual written agreement by HP); or (ii) in, absence of above notice, allow the Term to expire.

• Unless otherwise agreed by the Parties for an effective Renewal SOW Term, Nexthink reserves the right to charge then-applicable subscription fees for each Renewal SOW Term, provided notice of any such increase is provided to Customer no later than sixty (60) days prior to the expiration of the then-current SOW Term.

• Termination of this Managed Services Agreement prior to the end of the Fixed Term or Renewal term or termination of a specific SOW prior to the end of the SOW Term shall be subject to termination fee equals to the one hundred percent (100%) of the payments remaining until expiry of the Fixed Term, Renewal term or SOW Term to be paid directly to AudioCodes, or to distributor/reseller, subject to section 2 above.

• Unless otherwise agreed by the Parties for an effective Renewal SOW Term, Nexthink reserves the right to charge then-applicable subscription fees for each Renewal SOW Term, provided notice of any such increase is provided to Partner no later than sixty (60) days prior to the expiration of the then-current SOW Term.

• If no SOW Term is in effect, either party may terminate this Agreement for any or no reason with notice to the other party.

More Definitions of SOW Term

SOW Term means the term for Provider’s delivery of the Services as identified in a SOW.

SOW Term has the meaning set out in Section 4.

SOW Term means the SOW Initial Term and any SOW Renewal Terms.

SOW Term means the period of time during which an SOW is in effect.

SOW Term means the period as stated in each Statement of Work during which the Service Provider is to provide the Services to the Customer, and any extension to that period agreed in writing;

SOW Term has the meaning given to it in clause 6.1.

SOW Term means the applicable effective period of the Professional Services under the SOW. The SOW Term will begin on the SOW Effective Date and continue until termination as further specified below. Unless otherwise set forth in the applicable SOW, the Professional Services may be terminated at any time by either party: (i) upon written notice if the other party breaches any material term of this Agreement and/or a SOW, and such breach remains uncorrected for 30 days following written notice; or (ii) immediately, if the other party becomes the subject of a voluntary or involuntary petition in bankruptcy or any involuntary proceeding relating to insolvency, receivership, liquidation, or similar action for the benefit of creditors as a consequence of debt, or if the other party otherwise ceases or threatens to cease business. Contrast will have no liability to Customer under any terminated SOW. Subject to any termination conditions and/or payments specified in the applicable SOW, upon termination of this Addendum and/or a SOW, Contrast will be entitled to be paid for all work performed, including Fees and expenses, up to the effective date of termination.