Common use of True-Up Clause in Contracts

True-Up. Workato may conduct usage analysis (the “True Up”) at any time during the Term. If the True Up reveals that Account Xxxxxx’s use of the Workato Platform exceeds the consumption threshold specified in the applicable Order Form, Workato will issue an order form for the difference between the quantities purchased in the existing Order Form and the consumption reflected in the True Up. Unless specified in the applicable order form, the fees for such excess use shall be based on Workato’s then- current unit costs. Account Xxxxxx agrees to pay for such excess use in accordance with the payment terms in Section 5(b).

Appears in 5 contracts

Samples: Terms of Service, assets.ctfassets.net, assets.ctfassets.net

AutoNDA by SimpleDocs

True-Up. Workato may conduct usage analysis (the “True Up”) at any time during the Subscription Term. If the True Up reveals that Account Xxxxxx’s use of the Workato Platform exceeds the consumption threshold specified in the applicable Order Form, Workato will issue an order form a new Order Form for the difference between the quantities purchased in the existing Order Form and the consumption reflected in the True Up. Unless specified in the applicable order formOrder Form, the fees for such excess use shall be based on Workato’s then- then-current unit costs. Account Xxxxxx agrees to pay for such excess use in accordance with the payment terms in Section 5(b).

Appears in 1 contract

Samples: assets.ctfassets.net

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.