Service Order Term and Renewal Sample Clauses

Service Order Term and Renewal. The term of the MDR Services will automatically renew annually for subsequent one (1) year terms on the Service Commencement Date, unless either party provides written notice of termination at least sixty (60) days prior to the expiration of the Term or the then current renewal period. Critical Start shall provide to Customer an invoice for the renewal term a minimum of sixty (60) days prior to the term renewal date, detailing any mutually agreed to adjustments to the fees for MDR Services. The price of the MDR Services shall not increase by a value greater than the rate of standard inflation, calculated via the Consumer Price Index, plus 2.9% of the fees for the prior year’s fees for MDR Services. This cap on price increase is applicable only on the MDR Services provided by Critical Start and shall not apply to any price increases resulting from requirements for additional licenses, endpoints, or services, as needed, or for third party services or software.
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Service Order Term and Renewal. The term of a Service Order shall commence on the Billing Date (Service Start Date) and shall terminate at the end of the stated Service Term of such Service. The Parties agree that the Service Order may be voluntarily extended on a multi-year, annual or month-to-month basis as set forth in the Service Order(s).
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Service Order Term and Renewal. The term of the MDR Services may be renewed at the end of the original term for subsequent one (1) year terms on the Service Commencement Date by executing a written order for the subsequent renewal term.
Sample 1
Service Order Term and Renewal. The term of the MDR Services will automatically renew at the end of the original term for subsequent one (1) year terms on the Service Commencement Date, unless either party provides written notice of termination at least sixty (60) days prior to the expiration of the Term or the then current renewal period. The price of the MDR Services shall not increase by an amount greater than six percent (6%) of the prior year’s fees for MDR Services.
Sample 1
Service Order Term and Renewal. The term of the MDR Services will automatically renew annually for subsequent one (1) year terms on the Service Commencement Date, unless either party provides written notice of termination at least sixty (60) days prior to the expiration of the Term or the then current renewal period. Critical Start shall provide to Customer an invoice for the renewal term a minimum of sixty (60) days prior to the term renewal date, detailing any mutually agreed to adjustments to the fees for MDR Services. The price of the MDR Services shall not increase by an amount greater than six percent (6%) of the prior year’s fees for MDR Services. This cap on price increase is applicable only on the MDR Services provided by Critical Start and shall not apply to any price increases resulting from requirements for additional licenses, endpoints, or services, as needed, or for third party services or software.
Sample 1

Related to Service Order Term and Renewal

  • Term and Renewal This Agreement shall become effective as of the Effective Date and shall remain in effect for a period of three years from and after the Live Date (the “Initial Term”), and thereafter shall automatically renew for successive three year terms (each such period, a “Renewal Term”) unless terminated by any party giving written notice of non-renewal at least one hundred eighty days prior to the last day of the then current term to each other party hereto.

  • Term and Renewal of Agreements The Agreement with TIPS is for three (3) years with an option for renewal for an additional one (1) consecutive year if both parties agree. TIPS may or may not exercise the one-year extension beyond the base three-year term and whether or not to offer the extension is at the sole discretion of TIPS. The scheduled Agreement termination date shall be the last date of the month of the last month of the agreement’s legal effect. Example: If the agreement is scheduled to end on May 23, the anniversary date of the award, it would actually be extended to May 31 in the last month of the last year the contract is active. Automatic Renewal Clauses Incorporated in Awarded Vendor Agreements with TIPS Members Resulting from the Solicitation and with the Vendor Named in this Agreement. No Agreement for goods or services with a TIPS Member by the awarded vendor named in this Agreement that results from the solicitation award named in this Agreement, may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated in an Agreement by the vendor with the TIPS Member shall only be valid and enforceable when the vendor receives written confirmation by purchase order, executed Agreement or other written instruction issued by the TIPS Member for any renewal period. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. This term is not negotiable and any Agreement between a TIPS Member and a TIPS awarded vendor with an automatic renewal clause that conflicts with these terms is rendered void and unenforceable.

  • Contract Term and Termination 4.1. This Contract is concluded for 1 (one) year with the possibility of being automatically extended for new 1- year successive periods, under the same contractual conditions, unless any of the parties express their intention not to extend the Contract at least 30 days prior to its expiry.

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