Support Renewal. For each subsequent year after the first-year Support and Maintenance Services term, the obligation to provide Support and Maintenance Services as described above will continue and Customer's obligation to pay the current Support and Maintenance Services charges then in effect shall be renewed upon customers 30 days written notice provided to vendor prior to the then-expiration date.
Support Renewal. Support shall automatically renew upon the expiry of each paid term for successive one (1) year terms (or for such other length of term(s) as set forth in Product Schedule #1) (each, a “Renewal Term”) unless LICENSEE gives LICENSOR written advance notice of its intention to terminate (or not renew) the Support as provided in the next sentence. LICENSOR will invoice LICENSEE for Support for each Renewal Term at least 30 days prior to the beginning of the Renewal Term, and if LICENSEE desires to terminate Support, then LICENSEE must give the notice of termination prior to the beginning of the Renewal Term to which the invoice applies. While LICENSEE may cancel an existing term of Support, no refund will be issued for any unused portion of the Support unless LICENSOR is in material breach of this Agreement. LICENSEE shall have the option to receive Support for successive additional one year terms (or for such other length of term(s) as set forth in Product Schedule #1) for as long as LICENSOR offers Support. LICENSOR shall make such Support available for at least one year from the delivery date. Said Support will, at a minimum, result in the Product performing in accordance with the Applicable Specifications and the warranty stated herein.
Support Renewal. Receipt of renewal information from ITX IRM and forward information to local carriers. lssue of renewal documentation to the Company lssue of all necessary documentation following amendments to coverage. Forward proof of payment of premium documentation to local insurance carrier within 7 days of receipt from the Company. Support Claims handling: Provide the subsidiary with all administrative support required for the duration of the claim from initial notification to finalization including liaising with loss adjusters, the Company and ITX IRM department. Provision of claims information to the Company and ITX IRM on a quarterly basis to include, reserves, loss expenses paid, and total incurred. Support Administrative/support & advice: Provide any administrative advice required on a day to day basis Provide advice on local market requirements, general good requirements, insurance premium tax, local market developments and any other information as may be requested by the Company or ITX IRM dept. Provide advice on local contractual agreements which may affect local coverage's. Remuneration: Remuneration is on a flat fee basis of $1,700,000 MXP (One Million, Seven Hundred Thousand Mexican Pesos). This fee is based on current claims trends, and will be reviewed on an annual basis. The Provider cannot receive unless with prior agreement with the Company any other forms of remuneration in relation to the performance of services under this agreement. Additional service activity: Provider shall endeavor to provide the Company with additional services upon request and upon prior agreement by the Company and the Provider. Term and Termination: Regardless of the signature date, the parties hereby agree that the validity of this This agreement Agreement became effective on February 15, 2019, and shall remain in force until cancelled. This Agreement may be terminated by either The Provider or the Company by giving 30 days’ notice in writing to the other, or immediately in any of the following events: if either party commits a material breach of any of the terms of this Agreement which is not remedied within 7 days of being brought to the attention of the other, except where such breach is due to a cause beyond the control of either party; or if either party goes into liquidation, become bankrupt, make a voluntary arrangement with his or its creditors or has a receiver or administrator appointed Upon termination of this Agreement the Provider shall: Continue handling any ...
Support Renewal. AecorSoft shall have no support or update obligation to Customer at the end of each Customer’s Support unless Customer elects to pay AecorSoft the Support fee. AecorSoft will inform Customer at least 1 month prior to the expiration of the currently active Support, and Customer must confirm to renew Support prior to its expiration or AecorSoft will have the right to charge a reinstatement fee of ten percent (10%) of the Support fee.
