Lapse and Reinstatement Sample Clauses

Lapse and Reinstatement. If the State opts to not renew Support for some or all of the Software licensed by the State under this Contract, the State may subsequently purchase Support for such Software. But it may do so only if the Contractor continues to make it generally available to its customers when the State makes the decision to reacquire Support. Further, any such Support will require, in addition to the Support Fee for the then current Support Period, the payment of the immediately preceding year’s Support Fees for that Software, or the applicable instances of it. Notwithstanding anything to the contrary in this Contract, no interest will be due on the Support Fees for the past Support Periods. In conjunction with the reinstatement of Support, the State will be entitled to any patches, service packs, upgrades, and new releases, and versions of the Software issued during the unsupported interval.
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Lapse and Reinstatement. If you do not renew your Support for the Software and Hardware, you may, upon agreement by Smart Eye, subsequently purchase Support Services for a fee to be determined by Smart Eye at time of request. However, in addition to the fee for the new term, which shall be a minimum of 12 months, you will need to pay the fees that would have been payable had you continued the Support Services uninterrupted.
Lapse and Reinstatement. In the event that Ordering Activity allows Maintenance to lapse or expire for more than one hundred and twenty (120) days, Ordering Activity shall have no right to purchase and Trend Micro shall have no obligation to permit Ordering Activity to reinstate or otherwise purchase, Maintenance.. Trend Micro advises and Ordering Activity acknowledges that because of the constantly changing threat/security environment and periodic technology improvements to most Software, the technical and/or security capabilities, functionality, and performance of any such Software will rapidly degrade and will, in most instances, not perform in the manner and for the purposes for which it is designed or as set forth in the Documentation if annual Maintenance is not repurchased or is otherwise allowed to lapse and such Software is thereafter utilized by Ordering Activity.
Lapse and Reinstatement. Lapse--If a premium sufficient to keep this policy in force is not paid during the grace period, this policy will lapse. At lapse this policy will terminate without Cash Surrender Value and cease to be in force. Any deduction for the Cost of Insurance after termination will not be considered a reinstatement of the policy nor a waiver by Penn Mutual of the termination. Reinstatement--This policy may be reinstated within five years after lapse. A reinstatement is subject to:
Lapse and Reinstatement. Lapse- If a premium sufficient to keep this Policy in force is not paid during the Grace Period, this Policy will lapse at the end of the Grace Period. At lapse this Policy will terminate without value and cease to be in force. Reinstatement- This Policy may be reinstated during the life of the Insured within five years after lapse. A reinstatement is subject to:
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