Common use of Renewal and Termination of Membership Clause in Contracts

Renewal and Termination of Membership. Renewal invoices will be mailed to all current institutional members in April and payment is due by July 1. Absent renewal, membership will be terminated after a one-month grace period, on August 1. QDR may terminate an institution’s membership in the event that the institution, or any individual described in Section 3, violates any term of this Agreement or any other agreements they have entered into with QDR. In addition, membership shall terminate in the event that QDR ceases to operate, or as otherwise determined by Syracuse University. In the event of a termination pursuant to the preceding sentence, institutional members shall be entitled to a pro rata refund of any prepaid annual membership fees.

Renewal and Termination of Membership. Renewal invoices will be mailed to all current institutional members in April and payment is due by July 1. Absent renewal, membership will be terminated after a onetwo-month grace period, on August September 1. QDR may terminate an institution’s membership in the event that the institution, or any individual described in Section 3, violates any term of this Agreement or any other agreements they have entered into with QDR. In addition, membership shall terminate in the event that QDR ceases to operate, or as otherwise determined by Syracuse University. In the event of a termination pursuant to the preceding sentence, institutional members shall be entitled to a pro rata refund of any prepaid annual membership fees.