Examples of Committed Period in a sentence
Renewals will be subject to the submission of a Purchase Order: i) If the Order Form is providing an Option Period or an Annual Period, the Purchase Order will be submitted for the first period and for each applicable renewal period thereafter ii) If the Order Form is providing a Committed Period, the first Purchase Order will be submitted for the Committed Period and for each applicable renewal period following the end of the Committed Period.
For multi-year deals, add “See below” to the Fees column above.] Term and Fees Multi-Year Term: License Period Fee Committed Period or Option Period [insert one for each row] License Period 1 Committed Period License Period 2 License Period 3 License Period 4 License Period 5 Invoicing TD SYNNEX will invoice all Fees in advance of each License Period.