Common use of No Acceptance Clause in Contracts

No Acceptance. If: i) the Licensee selected the Automatic Renewal Option and the Licensee gives written notice to Transoft that the Licensee does not intend to renew the Maintenance within 30 days of delivery by Transoft of a Quote pursuant to section 4.(b)(1), the Maintenance will not be renewed and the Maintenance will cease to be provided after the Expiration Date; or ii) the Licensee did not select the Automatic Renewal Option and the Licensee has not complied with the provisions of section 4(c)(ii)(1) and 4(c)(ii)(2) within the applicable time period, the Maintenance will not be renewed and the Maintenance will cease to be provided after the Expiration Date.

Appears in 2 contracts

Samples: Software License Agreement, Software License Agreement

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No Acceptance. If: i) the Licensee selected the Automatic Renewal Option and the Licensee gives written notice to Transoft that the Licensee does not intend to renew the Maintenance within 30 days of delivery by Transoft of a Quote quote pursuant to section Section 4.(b)(1), the Maintenance will not be renewed and the Maintenance will cease to be provided after the Expiration Date; or ii) the Licensee did not select the Automatic Renewal Option and the Licensee has not complied with the provisions of section Section 4(c)(ii)(1) and 4(c)(ii)(2) within the applicable time period, the Maintenance will not be renewed and the Maintenance will cease to be provided after the Expiration Date.

Appears in 1 contract

Samples: Software License Agreement

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No Acceptance. If: i(a) the The Licensee selected the Automatic Renewal Option and the Licensee gives written notice to Transoft that the Licensee does not intend to renew the Maintenance within 30 days of delivery by Transoft of a Quote pursuant to section 4.(b)(1Section 4.2(a), the Maintenance will not be renewed and the Maintenance will cease to be provided after the Expiration Date; or ii(b) the The Licensee did not select the Automatic Renewal Option and the Licensee has not complied with the provisions of section 4(c)(ii)(1Section 4.3(b)(i) and 4(c)(ii)(24.3(b)(ii) within the applicable time period, the Maintenance will not be renewed and the Maintenance will cease to be provided after the Expiration Date.

Appears in 1 contract

Samples: Software License Agreement

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