Common use of Auto-Renewal Clause in Contracts

Auto-Renewal. Unless expressly stated otherwise by Partner, the Partnership Term shall be renewed automatically for successive Terms which will be equal to the duration of the then expiring Term and, in no case, less than twelve (12) months. Subject to feasibility based on the duration of the expiring Term, Wazuh shall provide Partner with two (2) wrien notices of the upcoming Auto Renewal. First notice will be delivered to Partner at least ninety (90) days prior to the Expiration Date of each Partnership Term. The second notice shall be sent as a reminder to Partner at least forty-five (45) days before the Expiration Date. Notwithstanding the foregoing, Auto Renewal is not subject to the receipt of the aforementioned notices. Either Party may cancel the Auto Renewal by wrien notice to the other Party at any time up to thirty (30) days prior to the Expiration Date of any Term. The Fees for each Renewal Term may be subject to an increase, not exceeding seven percent (7%) over the prior year’s Partnership Fees, unless those were designated as promotional or one-time in the applicable Order. In the event that Partner chooses to cancel the Auto Renewal but later wishes to renew a Term, the Renewal Fees will be based on the then-current list prices of Wazuh. No purchase order shall be needed by Wazuh to process invoices related to any Term renewed under the provisions of this Section 6.4. During any Renewal Term, the terms and conditions set forth in these Partner Terms shall remain in full force and eect.

Appears in 5 contracts

Samples: wazuh.com, wazuh.com, wazuh.com

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Auto-Renewal. Unless expressly stated otherwise by PartnerCustomer, the Partnership Subscription Term shall be renewed automatically for successive Terms which will be equal to the duration of the then expiring Term and, in no case, less than twelve (12) months. Subject to feasibility based on the duration of the expiring Term, Wazuh shall provide Partner Customer with two (2) wrien notices of the upcoming Auto Renewal. First notice will be delivered to Partner Customer at least ninety (90) days prior to the Expiration Date of each Partnership Subscription Term. The second notice shall be sent as a reminder to Partner Customer at least forty-five (45) days before the Expiration Date. Notwithstanding the foregoing, Auto Renewal is not subject to the receipt of the aforementioned notices. Either Party may cancel the Auto Renewal by wrien notice to the other Party at any time up to thirty (30) days prior to the Expiration Date of any Subscription Term. The Fees for each Renewal Term may be subject to an increase, not exceeding seven percent (7%) over the prior year’s Partnership Support Fees, unless those were designated as promotional or one-time in the applicable Order. In the event that Partner Customer chooses to cancel the Auto Renewal but later wishes to renew a Subscription Term, the Renewal renewal Fees will be based on the then-current list prices of Wazuh. No purchase order shall be needed by Wazuh to process invoices related to any Term renewed under the provisions of this Section 6.4. During any Renewal Term, the terms and conditions set forth in these Partner Terms this Agreement shall remain in full force and eect.

Appears in 2 contracts

Samples: Cloud Terms, Cloud Terms

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Auto-Renewal. Unless expressly stated otherwise by PartnerCustomer, the Partnership Subscription Term shall be renewed automatically for successive Terms which will be equal to the duration of the then expiring Term and, in no case, less than twelve (12) months. Subject to feasibility based on the duration of the expiring Term, Wazuh shall provide Partner Customer with two (2) wrien notices of the upcoming Auto Renewal. First notice will be delivered to Partner Customer at least ninety (90) days prior to the Expiration Date of each Partnership Subscription Term. The second notice shall be sent as a reminder to Partner Customer at least forty-five (45) days before the Expiration Date. Notwithstanding the foregoing, Auto Renewal is not subject to the receipt of the aforementioned notices. Either Party may cancel the Auto Renewal by wrien notice to the other Party at any time up to thirty (30) days prior to the Expiration Date of any Subscription Term. The Fees for each Renewal Term may be subject to an increase, not exceeding seven percent (7%) over the prior year’s Partnership Subscription Fees, unless those were designated as promotional or one-time in the applicable Order. In the event that Partner Customer chooses to cancel the Auto Renewal but later wishes to renew a Subscription Term, the Renewal renewal Fees will be based on the then-current list prices of Wazuh. No purchase order shall be needed by Wazuh to process invoices related to any Term renewed under the provisions of this Section 6.4. During any Renewal Term, the terms and conditions set forth in these Partner Terms this Agreement shall remain in full force and eect.

Appears in 1 contract

Samples: wazuh.com

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