Common use of Renewal Fee Clause in Contracts

Renewal Fee. In order to maintain use of the ATP Seal for additional Terms, Provider shall pay an annual renewal fee equal to one-half of the initial Certification Fee (“Renewal Fee”). If a Provider makes a material change in the Updated Data Contracts during the renewal period, the Provider shall pay the full Certification Fee as outlined in 8.1, however, a credit for any already-paid Renewal Fee shall be applied. The ADT may increase or decrease the Renewal Fee in future years. The terms of this Agreement, included any updated versions posted on the ADT website, shall apply to any renewal term.

Appears in 2 contracts

Samples: Master Services Agreement, Master Services Agreement

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Renewal Fee. In order to maintain use of the ATP Seal for additional Terms, Provider shall pay an annual renewal fee equal to one-half of the initial Certification Fee (“Renewal Fee”). If a Provider makes a material change in the Updated Data Provider Contracts during the renewal period, the Provider shall pay the full Certification Fee as outlined in 8.1, however, a credit for any already-paid Renewal Fee shall be applied. The ADT may increase or decrease the Renewal Fee in future years. The terms of this Agreement, included any updated versions posted on the ADT website, shall apply to any renewal term.

Appears in 1 contract

Samples: Master Services Agreement

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Renewal Fee. In order to maintain use of the ATP Seal for additional Terms, Provider shall pay an annual renewal fee equal to one-half of the initial Certification Fee $2,000 (“Renewal Fee”)) prior to the anniversary of the Provider’s Approval Date. If a Provider makes a material change in the Updated Data Provider Contracts during the renewal period, the Provider shall pay the full Certification Fee as outlined in 8.1, however, a credit for any already-paid Renewal Fee shall be applied. The ADT may increase or decrease the Renewal Fee in future years. The terms of this Agreement, included any updated versions posted on the ADT website, shall apply to any renewal term.

Appears in 1 contract

Samples: Master Services Agreement

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