Common use of Renewing Software Maintenance Support Clause in Contracts

Renewing Software Maintenance Support. Approximately sixty (60) days prior to the current Coverage Period’s expiration date, PPM will submit to the Customer a renewal Quote that includes pricing for the upcoming Coverage Period. By accepting the renewal Quote and agreeing to pay or paying all charges listed in the renewal Quote or submitting a valid purchase order referencing a Quote, Customer thereby authorizes PPM to provide the Software Maintenance Support for Software Products and/or Third Party Software during the designated Coverage Period, and thereby agrees to the then current Software Maintenance Support Agreement terms and conditions referenced in the renewal Quote. PPM reserves the right to increase Software Maintenance Support prices at any time at its sole discretion, which shall, if applicable, be reflected in the renewal Quote and shall take effect for the renewal Coverage Period. The termination of coverage will occur at the end of the Coverage Period if Customer fails to provide either (a) a signed Quote agreeing to pay all charges and accepting the terms and conditions therein, or (b) a valid purchase order referencing a Quote.