TERM, RENEWAL AND TERMINATION Term of the Subscription Licences Adden- dum Sample Clauses

TERM, RENEWAL AND TERMINATION Term of the Subscription Licences Adden- dum. This Subscription Licences Addendum is effec- tive upon acceptance of the terms of this Subscription Licences Addendum by Customer and shall remain in force for the duration of the Agreement. Term of the Subscription Licences. The term of the Subscription Licences starts on the agreed date or, if no date has been agreed, upon AvePoint making the subscription-based Licensed Property available to the Customer. The Subscription Licences shall be valid for the period specified in the applicable Order (the “Subscription Term”) until terminated pur- suant to Section 3.3 of this Subscription Addendum. In the event Customer requests additional Subscription Licences or exceeds their allotted Subscription Li- cences indicated on the applicable Order (“Excess Us- age”), AvePoint will invoice Customer, and Customer shall be responsible for payment to AvePoint, for such Excess Usage, which amount shall be determined based on the then-current price per unit (excluding any discounts) of the Subscription Licences and the duration of Excess Usage, unless otherwise agreed in writing between AvePoint and Customer. For avoid- ance of doubt, all additional Subscription Licences pur- chased for such Excess Usage shall align with the Sub- scription Term as defined in the initial Order. Termination of the Subscription Licences. The Subscription Licences shall terminate upon the happening of one or more of the following: (a) Rescission [Rücktritt] or any other termination which requires Customer to return the Licensed Prop- erty, for any reason, of the Agreement; (b) At the end of the Subscription Term, unless (i) Customer gives AvePoint notice of its desire to renew the Subscription Licences at least sixty (60) days prior to the end of the Subscription Term; and (ii) AvePoint receives and accepts in writing a corresponding Order from Customer before the end of the Subscription Term. 3. VERTRAGSDAUER, VERLÄNGERUNG UND BEEN- DIGUNG
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Related to TERM, RENEWAL AND TERMINATION Term of the Subscription Licences Adden- dum

  • Term Renewal and Termination 14.1. This Agreement shall, with respect to the Portfolio, become effective as of the date first above written and shall remain in force for two years thereafter, and for successive annual periods thereafter but only so long as each such continuance is specifically approved at least annually by (1) a majority of the Directors of the Company who are not parties to this Agreement or interested persons of any such parties (other than as Directors of the Company), by vote cast in person at a meeting called for the purpose of voting on such approval; or (2) a vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx) of such Portfolio. It shall be the duty of the Directors of the Company to request and evaluate, and the duty of the Manager and Sub-Adviser to furnish, such information as may be reasonably necessary to evaluate the terms of this Agreement and any renewal hereof.

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  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

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  • License Term and Termination Unless otherwise specified, any license granted is perpetual, provided however that if Customer fails to comply with the terms of this Agreement, HP may terminate the license upon written notice. Immediately upon termination, or in the case of a limited-term license, upon expiration, Customer will either destroy all copies of the software or return them to HP, except that Customer may retain one copy for archival purposes only.

  • Term, Termination and Survival This Agreement shall become effective when signed below and shall continue in effect until terminated. Either Party may terminate this Agreement at-will with thirty (30) day’s written notice to the other Party. Termination shall not relieve the Parties from any debt or liability incurred hereunder while the Agreement was active; and all terms and conditions of this Agreement intended to protect the Parties and their records and regulate disputes, grievances or complaints between them shall survive any termination.

  • RENEWAL, AMENDMENT AND TERMINATION (a) This Agreement shall become effective on the date first written above and shall remain in force for a period of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually (i) by the vote of a majority of the Trustees who are not interested persons of the Portfolio or the Investment Adviser, cast in person at a meeting called for the purpose of voting on such approval and by a vote of the Board of Trustees or (ii) by the vote of a majority of the outstanding voting securities of the Portfolio. The aforesaid provision that this Agreement may be continued "annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder.

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