Maintenance Term definition

Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

Maintenance Term means, initially, the Maintenance Term identified in the Order. Upon expiration of the initial Maintenance Term, the Maintenance Term shall automatically renew for additional one (1) year periods unless terminated earlier by either party, at its option, by written notice at least sixty (60) days prior to the end of the then-current Maintenance Term. The Maintenance Term shall immediately terminate upon the termination, expiration, or cancellation of this Agreement for any reason.

Maintenance Term means the agreed upon time period for the provision of Maintenance in an Order.

Examples of Maintenance Term in a sentence

• The Permitted Capacity provided in the Order(s) represents minimum amounts that Licensee has committed to for the Maintenance Term.

• Upon termination or expiration of the Maintenance Term, Licensee’s right to receive Maintenance to the Products terminates.

• Upon termination or expiration of the Maintenance Term, Licensee’s right to receive Maintenance to the Software terminates, and upon termination or expiration of the Subscription Term Licensee’s right to use the Software terminates.

• TxDOT shall release the Retained Security Amount or letter of credit, as applicable, to DB Contractor upon the provision of the Maintenance Security required under Section 3.2 of the CMA General Conditions, which shall be no later than 14 days prior to the Initial Maintenance Term Commencement Date.

• Except as otherwise expressly specified in the Order: (i) all recurring payment obligations start from the receipt of the Order; (ii) when the Order is placed directly with Forcepoint fees must be paid within 30 days after the invoice date; (iii) upon the expiration of each Maintenance Term, the Maintenance Fees will be Forcepoint’s then-current commercial list price for such Products; and (iv) interest accrues on past due balances at the highest rate allowed by law.

More Definitions of Maintenance Term

Maintenance Term means the term defined in Clause 5.3.

Maintenance Term means the term during which Maintenance Services will be provided as set forth in an Order Form or applicable renewal agreement.

Maintenance Term means the Initial Maintenance Term, Second Maintenance Term or Third Maintenance Term, as appropriate.

Maintenance Term means the period to be fixed in the DBFM Agreement commencing on the Commissioning Date and continuing through to the Hand-back Date during which any Proponent successful in the RFP stage of this procurement process shall maintain the work of the Project in accordance with terms to be finalized in the DBFM Agreement;

Maintenance Term means the Initial Term or the Renewal Term, as the case may be;

Maintenance Term means the one year period beginning on the Effective Date of a perpetual license grant and for any termed licensed, the period indicated in a Purchase Order or in the online purchasing console.

Maintenance Term has the meaning assigned in Section 13.3.