Common use of Renewing Customers Clause in Contracts

Renewing Customers. For a renewed (returning customer) annual Agreement, full payment is due 15 days prior to the expiration date of the current SmartPass Agreement between VTA and the Institution, meaning the agreement that this Agreement is renewing (hereinafter referred to as “Prior Agreement”). Delays in payment may result in disruption of access to transit services. Renewal payments not received prior to the Prior Agreement expiration date will result in the deactivation of all SmartPasses assigned to the Institution. For colleges/universities, see section 24 – 30. If the renewing Institution requests additional Clipper® SmartPass cards during the Renewal Period, payment for such is due at the same time as the renewal payment, as described immediately above. If the renewing Institution requests additional Clipper® SmartPass cards after the end of the Renewal Period, payment for such is due prior to delivery of cards. The “Renewal Period” commences upon the Institution’s receipt of this Agreement for renewal and concludes 15 days prior to the expiration of the Prior Agreement. If the renewing Institution has an outstanding balance, the Institution is not eligible to participate in the SmartPass Program and may have its inventory of SmartPasses deactivated until outstanding balances are settled.

Renewing Customers. For a renewed (returning customer) annual Agreement, full payment is due 15 days prior to the expiration date of the current SmartPass Agreement between VTA and the Institution, meaning the agreement that this Agreement is renewing (hereinafter referred to as “Prior Agreement”). Delays in payment may result in disruption of access to transit services. Renewal payments not received prior to the Prior Agreement expiration date will result in the deactivation of all SmartPasses assigned to the Institution. For colleges/universities, see section 24 – 3031. If the renewing Institution requests additional Clipper® SmartPass cards during the Renewal Period, payment for such is due at the same time as the renewal payment, as described immediately above. If the renewing Institution requests additional Clipper® SmartPass cards after the end of the Renewal Period, payment for such is due prior to delivery of cards. The “Renewal Period” commences upon the Institution’s receipt of this Agreement for renewal and concludes 15 days prior to the expiration of the Prior Agreement. If the renewing Institution has an outstanding balance, the Institution is not eligible to participate in the SmartPass Program and may have its inventory of SmartPasses deactivated until outstanding balances are settled.

Renewing Customers. For a renewed (returning customer) annual Agreement, full payment is due 15 days prior to the expiration date of the current SmartPass Agreement agreement between VTA and the Institution, meaning the agreement that this Agreement is renewing (hereinafter referred to as “Prior Agreement”). Delays in payment may result in disruption of access to transit services. Renewal payments not received prior to the Prior Agreement expiration date will result in the deactivation of all SmartPasses assigned to the Institution. For colleges/universities, see section 24 – 30. If the renewing Institution requests additional Clipper® SmartPass cards during the Renewal Period, payment for such is due at the same time as the renewal payment, as described immediately above. If the renewing Institution requests additional Clipper® SmartPass cards after the end of the Renewal Period, payment for such is due prior to delivery of cards. The “Renewal Period” commences upon the Institution’s receipt of this Agreement for renewal and concludes 15 days prior to the expiration of the Prior Agreement. If the renewing Institution has an outstanding balance, the Institution is not eligible to participate in the SmartPass Program and may have its inventory of SmartPasses deactivated until outstanding balances are settled.