Common use of True Up; Additions Clause in Contracts

True Up; Additions. If an OEM Quarterly Report indicates that OEM owes Fees to Elastic for any End User Billable Nodes deployed under an applicable Subscription, OEM shall include with such OEM Quarterly Report, payment to Elastic of the applicable Fees. OEM may also add to Subscriptions by executing one or more additional Order Forms setting forth the details of such addition, and referencing the Order Form under which the Subscription was initially purchased. Upon execution of such an Order Form by the parties, the additions will be deemed added to the applicable Subscription for the remainder of the applicable Subscription Term, or, if so indicated on the Order Form, a new Subscription and Subscription Term may be initiated that includes the addition, and OEM will be provided with a credit for the unused portion of the existing Subscription.

Appears in 2 contracts

Samples: License and Support Agreement, License and Support Agreement

AutoNDA by SimpleDocs

True Up; Additions. If an OEM Quarterly Report indicates that OEM owes Fees to Elastic for any End User Billable Nodes or End User Resource Units deployed under an applicable Subscription, OEM shall include with such OEM Quarterly Report, payment to Elastic of the applicable Fees. OEM may also add to Subscriptions by executing one or more additional Order Forms setting forth the details of such addition, and referencing the Order Form under which the Subscription was initially purchased. Upon execution of such an Order Form by the parties, the additions will be deemed added to the applicable Subscription for the remainder of the applicable Subscription Term, or, if so indicated on the Order Form, a new Subscription and Subscription Term may be initiated that includes the addition, and OEM will be provided with a credit for the unused portion of the existing Subscription.

Appears in 2 contracts

Samples: License and Support Agreement, License and Support Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.