Volume Fees. Unless otherwise agreed in a Quote, if Customer exceeds the Contractual Use specified in the Quote, HiveMQ will charge Customer at the Volume Fee rate specified in the Quote for any use of HiveMQ Software over the Contractual Use (“Excess Volume”). Volume Fees for Excess Volume will be reviewed and invoiced quarterly in arrears. Excess Volume will be reviewed annually at the end of each Contract Year, and following such review, the amount of Excess Volume will be automatically added to the Contractual Use, and the Subscription Fee will be increased by an amount equal to the associated Volume Fees, for all future Contract Years unless Customer notifies HiveMQ in writing, prior to the end of the relevant Contract Year, that Customer expects its usage volume will decrease under the Contractual Use level going forward. For clarity, Volume Fees are annual fees and will be prorated accordingly. In case the Parties have not agreed upon Volume Fees in the applicable Quote, Customer shall promptly execute a Quote covering the Excess Volume.
Appears in 4 contracts
Samples: Subscription Terms, Subscription Terms, www.hivemq.com
Volume Fees. Unless otherwise agreed in a Quote, if Customer exceeds the Contractual Use specified in the Quote, HiveMQ will charge Customer at the Volume Fee rate specified in the Quote for any use of HiveMQ Software Platform over the Contractual Use (“Excess Volume”). Volume Fees for Excess Volume will be reviewed and invoiced quarterly in arrears. Excess Volume will be reviewed annually at the end of each Contract Year, and following such review, the amount of Excess Volume will be automatically added to the Contractual Use, and the Subscription Fee will be increased by an amount equal to the associated Volume Fees, for all future Contract Years unless Customer notifies HiveMQ in writing, prior to the end of the relevant Contract Year, that Customer expects its usage volume will decrease under the Contractual Use level going forward. For clarity, Volume Fees are annual fees and will be prorated accordingly. In case the Parties have not agreed upon Volume Fees in the applicable Quote, Customer shall promptly execute a Quote covering the Excess Volume.
Appears in 2 contracts
Samples: Saas Terms, Saas Terms