Common use of Monthly Term Clause in Contracts

Monthly Term. If, on the WSA Form, the Customer has selected a “Monthly Term” option for Wrapped Pallet, then with respect to such option(s): (i) the Initial Term of this Agreement shall be one calendar month, commencing on the Effective Date, (ii) the Customer shall pay to the Company the applicable Monthly Storage Charge(s) (as set forth in the WSA Form) owed in full upon execution of this Agreement. So long as the Customer’s Wine is still held on the first day after the Initial Term or any subsequent Renewal Term, this Agreement shall automatically renew for an additional Renewal Term of one calendar month on these Terms and Conditions. The applicable Monthly Storage Charge(s) shall be adjusted to the Company’s then- current applicable Monthly Storage Charge(s) for new customers.

Monthly Term. If, on the WSA Form, the Customer has selected a “Monthly Term” option for Wrapped PalletPallet or Commercial Storage, then with respect to such option(s): (i) the Initial Term of this Agreement shall be one calendar month, commencing on the Effective Date, (ii) the Customer shall pay to the Company the applicable Monthly Storage Charge(s) (as set forth in the WSA Form) owed in full upon execution of this Agreement. So long as the Customer’s Wine is still held on the first day after the Initial Term or any subsequent Renewal Term, this Agreement shall automatically renew for an additional Renewal Term of one calendar month on these Terms and Conditions. The applicable Monthly Storage Charge(s) shall be adjusted to the Company’s then- then-current applicable Monthly Storage Charge(s) for new customers.

Monthly Term. If, on the WSA Form, the Customer has selected a “Monthly Term” option for Wrapped PalletPallet Storage, then with respect to such option(s): (i) the Initial Term of this Agreement shall be one calendar month, commencing on the Effective Date, (ii) the Customer shall pay to the Company the applicable Monthly Storage Charge(s) (as set forth in the WSA Form) owed in full upon execution of this Agreement. So long as the Customer’s Wine is still held on the first day after the Initial Term or any subsequent Renewal Term, this Agreement shall automatically renew for an additional Renewal Term of one calendar month on these Terms and Conditions. The applicable Monthly Storage Charge(s) shall be adjusted to the Company’s then- current applicable Monthly Storage Charge(s) for new customers.

Monthly Term. If, on the WSA Form, the Customer has selected a “Monthly Term” option for Wrapped PalletPallet Storage, then with respect to such option(s): (i) the Initial Term of this Agreement shall be one calendar month, commencing on the Effective Date, (ii) the Customer shall pay to the Company the applicable Monthly Storage Charge(s) (as set forth in the WSA Form) owed in full upon execution of this Agreement. So long as the Customer’s Wine is still held on the first day after the Initial Term or any subsequent Renewal Term, this Agreement shall automatically renew for an additional Renewal Term of one calendar month on these Terms and Conditions. The applicable Monthly Storage Charge(s) shall be adjusted to the Company’s then- then-current applicable Monthly Storage Charge(s) for new customers.

Monthly Term. If, on the WSA Form, the Customer has selected a “Monthly Term” option for Wrapped PalletPallet or Commercial Storage, then with respect to such option(s): (i) the Initial Term of this Agreement shall be one calendar month, commencing on the Effective Date, (ii) the Customer shall pay to the Company the applicable Monthly Storage Charge(s) (as set forth in the WSA Form) owed in full upon execution of this Agreement. So long as the Customer’s Wine is still held on the first day after the Initial Term or any subsequent Renewal Term, this Agreement shall automatically renew for an additional Renewal Term of one calendar month on these Terms and Conditions. The ; provided, however, that the applicable Monthly Storage Charge(s) shall be adjusted to the Company’s then- current applicable Monthly Storage Charge(s) for new customers.