Common use of Price Revisions Clause in Contracts

Price Revisions. HiveMQ may modify the prices of Subscriptions at any time up to an amount of eight (8) percent of the annual aggregate pricing of the preceding Contract Year, unless otherwise expressly agreed in a Quote explicitly mentioning this Section. HiveMQ will notify Customer at least 30 days in advance of any such price increases. If HiveMQ notifies Customer of any price increase for a Subscription or Professional Services that Customer has used prior to receipt of such notification, Customer may terminate the respective Quote on 30 days’ prior written notice to HiveMQ on condition that Customer provides such notice within 30 days of being informed of the respective price increases by HiveMQ. Customer’s outstanding payment commitments (if any) that have accrued before the effective date of such termination are not affected.

Price Revisions. HiveMQ may modify the prices of Subscriptions at any time up to an amount of eight (8) percent of the annual aggregate pricing of the preceding Contract Year, unless otherwise expressly agreed in a Quote explicitly mentioning this Section. HiveMQ will notify Customer at least 30 days in advance of any such price increases. If HiveMQ notifies Customer of any price increase for a Subscription or Professional Services that Customer has used prior to receipt of such notification, Customer may terminate the respective Quote on 30 days’ prior written notice to HiveMQ on condition that Customer provides such notice within 30 days of being informed of the respective price increases by HiveMQ. Customer’s outstanding payment commitments (if any) that have accrued before the effective date of such termination are not affected.