Common use of Payment for Subscription Clause in Contracts

Payment for Subscription. A. The Participating Institution shall pay League the amount identified in Exhibit A for the first year of SaaS Services (“Year One Fees”). For the second and third years of SaaS Services, the Participating Institution shall pay League the total of Year One Fees and any applicable annual fee increases enacted by Contractor pursuant to the Subscription Agreement, but not more than 4% in the second year of the Term, and 4.5% in the third year of the Term.

Appears in 6 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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