Common use of Late true-up order Clause in Contracts

Late true-up order. If the annual true-up order is not received when due: 1) Microsoft will invoice Enrolled Affiliate’s Reseller for the following year for the quantity of Subscription Licenses ordered in the prior year; however, such invoice will not constitute a waiver of the annual order requirement; 2) Subscription License reductions will not take effect until the following Enrollment anniversary date (or at Enrollment renewal, as applicable); and 3) Microsoft will invoice Enrolled Affiliate’s Reseller for all Reserved Licenses not previously invoiced.

Appears in 3 contracts

Samples: Enterprise Agreement, Program Signature Form, Microsoft Server and Cloud Enrollment

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Late true-up order. If the annual true-up order is not received when due: 1) Microsoft will invoice Enrolled Affiliate’s Reseller for the following year for the quantity of Subscription Licenses ordered in the prior year; however, such invoice will not constitute a waiver of the annual order requirement;; and 2) Subscription License reductions will not take effect until the following Enrollment anniversary date (or at Enrollment renewal, as applicable); and 3) Microsoft will invoice Enrolled Affiliate’s Reseller for all Reserved Licenses not previously invoiced.

Appears in 1 contract

Samples: Enterprise Agreement

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