Common use of Managed Clause in Contracts

Managed. The current pricing for Services relating to Managed Azure can be found in the ratecard which is obtainable from Customer’s Aptum Sales Executive. The Aptum Marketplace does not provide pricing for suchServices. There are two pricing elements to the Services relating to Managed Azure: i. Base Subscription Element – this is billed at a fixed rate per month for each Service subscription; ii. Variable Usage Element – this is billed as a percentage of the Customer’s Azure resource usage spend (“Managed Microsoft Azure Consumption”). The percentage billed is reduced as the overall Azure spend increases, building an automatic volume discount into the price structure.

Appears in 9 contracts

Samples: Microsoft Cloud Agreement, Microsoft Cloud Agreement, Product Terms

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