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 –