Common use of Expiration of Elasticsearch Service Private Subscriptions Clause in Contracts

Expiration of Elasticsearch Service Private Subscriptions. In the event Customer continues to use Elasticsearch Service Private after the expiration of the Subscription Term and Customer does not execute an Order Form for a new Subscription Term, the applicable Subscription will become month-to-month at the subscription level in effect as of the expiration of the Subscription Term and will remain governed by this Agreement. The applicable Fees for the Resources used each month shall be as set forth on Elastic’s then-current price list; provided that the minimum monthly Fees during the period of such continued use shall be the greater of (i) one twelfth of the total amount of Fees paid or payable for Customer’s use of the Elasticsearch Service Private Subscription for the 12-month period immediately prior to the expiration of the Subscription Term and (ii) the Fees paid or payable for the Resources drawn down in the last month of the Subscription Term. Elastic will invoice Customer or Reseller (if applicable) for the applicable Fees and Customer will pay such Fees monthly, in arrears.

Expiration of Elasticsearch Service Private Subscriptions. In the event Customer continues to use Elasticsearch Service Private after the expiration of the Subscription Term and Customer does not execute an Order Form for a new Subscription Term, the applicable Subscription will become month-to-month at the subscription level in effect as of the expiration of the Subscription Term and will remain governed by this Agreement. The applicable Fees for the Resources used each month shall be as set forth on Elastic’s then-current price list; provided that the minimum monthly Fees during the period of such continued use shall be the greater of (i) one twelfth of the total amount of Fees paid or payable for Customer’s use of the Elasticsearch Service Private Subscription for the 12-month period immediately prior to the expiration of the Subscription Term and (ii) the Fees paid or payable for the Resources drawn down in the last month of the Subscription Term. Elastic will invoice Customer or Reseller (if applicable) for the applicable Fees and Customer will pay such Fees monthly, in arrears...