Committed Period definition
Examples of Committed Period in a sentence
Upon expiry of the Committed Period this Contract will automatically continue for the Subsequent Contract Period unless and until terminated under clause 11 or 13.
For multi-year deals, add “See below” to the Fees column above.] 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 TD SYNNEX will invoice all Fees in advance of each License Period.
Notwithstanding the foregoing, the rescheduling of purchase orders specifying delivery days within the Committed Period (as it may be adjusted pursuant to section (d) above) shall be subject to the following restrictions: Months Prior Maximum to Shipment Reschedule Percentage ----------- --------------------- 2 [*****] 3 [*****] [*****] Confidential portion has been filed separately with the Securities and Exchange Commission.
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.
Notwithstanding the foregoing, Venture will use best efforts to ensure such allocation will be based on the Forecast for the Committed Period.