Examples of Cloud Term in a sentence
The License Term, Maintenance Term, Managed Services Term, and Cloud Term for new Software shall be co-terminous with the existing License Term, Maintenance Term, Managed Services Term, and Cloud Term, respectively.
Upon expiration or termination of the Cloud Term, Client may resume On-Premises Deployment or ASP Services, subject to the terms of the Agreement.
Notwithstanding anything to the contrary in Section 2 of the General Terms and Conditions, during the Cloud Term, the Software licenses granted by PowerPlan must be used exclusively through the Cloud Services, and neither On-Premises Deployment nor ASP Services are permitted.
PowerPlan shall notify Client at least thirty (30) days prior to any Additional License Term, Additional Maintenance Term, Additional Managed Services Term, or Additional Cloud Term of any increase in annual Fees.