Tech Refresh definition
Examples of Tech Refresh in a sentence
For a Subscription Period from one (1) to five (5) years, Tech Refresh can occur only during the last year of the Subscription Period, and it requires an extension of the Subscription for at least three (3) additional years.
For Subscription Periods from six (6) to ten (10) years Tech Refresh can only occur at the end of the fifth year but only provided that the Subscription Period has at least three (3) years remaining in the Subscription Period at the time of effective replacement.
Otherwise, an extension of the Subscription Period will be required for at least three (3) additional years post Tech Refresh.