Common use of Quote Term Clause in Contracts

Quote Term. Subject to earlier termination as provided herein, each Quote shall be in force for the Initial Term. Thereafter each Quote shall automatically renew on an annual basis on each anniversary of its Effective Date for one year periods (“Renewal Term”), unless a Party hereto provides written notification of its termination to the other Party no later than three (3) months immediately preceding the date on which the Quote would otherwise renew or unless earlier terminated as provided herein. During the Initial Term and Renewal Term an Quote can only be terminated in accordance with Section “Termination”.

Appears in 6 contracts

Samples: Saas Terms, Subscription Terms, Subscription Terms

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