Common use of Term of Order Forms and Products Clause in Contracts

Term of Order Forms and Products. Software licenses (non- perpetual), Hosted Services and Support services have a minimum term which begins on the billing commencement date (“BCD”) and continues for the period set forth in the relevant Order Form or in the Portal (the “Initial Term”). Except as set forth in the applicable Order Form or in the Portal, as applicable, upon conclusion of the Initial Term or a renewal term, as applicable, (i) if the Initial Term is less than one (1) year, each Software license, Hosted Service or Support service, as applicable, will automatically renew for successive periods equal to the Initial Term, unless either party provides the other party with at least thirty (30) days advance written notice prior to the expiration of the then-current Software Term, Hosted Service Term or Support Term, as applicable, and (ii) if the Initial Term is one (1) year or longer, each Software license, Hosted Service or Support service, as applicable, will automatically renew for successive periods of one (1) year, unless either party provides the other party with at least sixty (60) days advance written notice prior to the expiration of the then-current Software Term, Hosted Service Term or Support Term, as applicable. With respect to a Software license (non-perpetual), the Initial Term and any renewal terms of such Software license are collectively referred to as the “Software Term”. With respect to a Software license (perpetual), the “Software Term” is perpetual. With respect to a right to access and use a Hosted Service, the Initial Term and any renewal terms of such Hosted Service are collectively referred to as the “Hosted Service Term”. With respect to a Support service, the Initial Term and any renewal terms of such Support service are collectively referred to as the “Support Term”.

Appears in 6 contracts

Samples: Master Agreement, Software Schedule, Appgate Software Schedule

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Term of Order Forms and Products. Software licenses (non- perpetual), Hosted Services and Support services have a minimum term which begins on the billing commencement date (“BCD”) and continues for the period set forth in the relevant Order Form or in the Portal (the “Initial Term”). Except Unless Customer is a U.S. Federal Government Agency, except as set forth in the applicable Order Form or in the Portal, as applicable, upon conclusion of the Initial Term or a renewal term, as applicable, (i) if the Initial Term is less than one (1) year, each Software license, Hosted Service or Support service, as applicable, will automatically renew for successive periods equal to the Initial Term, unless either party provides the other party with at least thirty (30) days advance written notice prior to the expiration of the then-current Software Term, Hosted Service Term or Support Term, as applicable, and (ii) if the Initial Term is one (1) year or longer, each Software license, Hosted Service or Support service, as applicable, will automatically renew for successive periods of one (1) year, unless either party provides the other party with at least sixty (60) days advance written notice prior to the expiration of the then-current Software Term, Hosted Service Term or Support Term, as applicable. With respect to a Software license (non-perpetual), the Initial Term and any renewal terms of such Software license are collectively referred to as the “Software Term”. With respect to a Software license (perpetual), the “Software Term” is perpetual. With respect to a right to access and use a Hosted Service, the Initial Term and any renewal terms of such Hosted Service are collectively referred to as the “Hosted Service Term”. With respect to a Support service, the Initial Term and any renewal terms of such Support service are collectively referred to as the “Support Term”.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Appgate Software Schedule

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