Common use of Subscription Term; Renewal Clause in Contracts

Subscription Term; Renewal. Subject to prior termination in accordance with this Agreement, the initial Subscription Term shall be a period of one year. Thereafter, the Society shall invoice Subscriber for the Fee and Subscriber may elect to renew the Subscription Term for additional one-year periods by paying the Fee when due. If Subscriber’s payment is not received by the Society within sixty (60) days after expiration of the applicable Subscription Term, the Society will discontinue Subscriber’s access to the Subscribed Products. The Society reserves the right to modify the Fee and the terms of this Agreement for any renewal period. The subscription start and end dates will be listed on Subscriber’s invoice for each Subscription Term.

Appears in 6 contracts

Samples: Nejm Group Subscription Agreement, Nejm Group Subscription Agreement, Nejm Group Subscription Agreement

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