Common use of For Leased Products Clause in Contracts

For Leased Products. The initial term of the OMECorp Maintenance Agreement for Leased Products will be equal to the initial term of the lease and unconditionally non-cancellable by Customer. If a Customer elects to execute an early termination of the lease, and Maintenance Service is not included in the termination quote in the lease, OMECorp will invoice the Customer for the remaining months of the initial or renewal term of the OMECorp Maintenance Agreement. The OMECorp Maintenance Agreement may be renewed upon mutual, written agreement of the parties upon renewal of the lease at OMECorp’s then-current fee for Maintenance Service.

For Leased Products. The initial term of the OMECorp Maintenance Agreement for Leased Products will be equal to the initial term of the lease and unconditionally non-cancellable by Customer. If a Customer elects to execute an early termination of the lease, and Maintenance Service is not included in the termination quote in the lease, OMECorp will invoice the Customer for the remaining months of the initial or renewal term of the OMECorp Maintenance Agreement. The OMECorp Maintenance Agreement may be renewed upon mutual, written agreement of the parties shall automatically renew upon renewal of the lease at OMECorp’s then-current fee for Maintenance Service.