Initial Order Term definition

Initial Order Term means in the term specified in an Order; Insolvency Event means, in relation to a Party:
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Initial Order Term means the initial term as outlined in any Order.
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Initial Order Term means, with respect to an Order, the period commencing on the Order Effective Date set forth on such Order and ending on the date that is the number of months set forth as the Duration of Initial Order Term on such Order after the Order Effective Date, except that, in the case of any Customer that has reached the end of a Trial Period without cancelling the applicable Trial Order, the Initial Order Term shall commence on the first day after the last day of the Trial Period and shall continue until the date that is twelve (12) months thereafter.
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Examples of Initial Order Term in a sentence

  • Upon expiration of the Initial Order Term, the applicable Service Order shall automatically renew for successive one-month terms (each a “Renewal Order Term”, collectively with the Initial Order Term, the “Order Term”), unless either Spectrum or Customer elects to not renew the Service Order by notice provided to the other at least thirty (30) days in advance of the expiration of the then-current Order Term.

  • If no Initial Order Term is specified in a Service Order, the Initial Order Term is twelve (12) months from the Billing Start Date.

  • Vyve shall have the right to increase Service Charges for each Service after the Initial Order Term for such Service upon thirty (30) days written notice to Customer.

  • Unless otherwise mutually agreed by the Parties, following the Initial Order Term, the Order shall automatically renew for successive twelve (12) month periods (each, a “Renewal Order Term” and together with the Initial Order Term, the “Order Term”), unless either Party gives the other Party written notice of its intent not to renew at least sixty (60) days prior to the expiration of the then-current term.

  • Each order will automatically renew at the end of the Initial Order Term unless terminated by a Party in accordance with the provisions in this Section 5 (the Initial Order Term and any renewal period, the “Order Term”).

  • This Agreement or any Order may not be terminated by Client during the Initial Order Term.

  • After the Initial Order Term has expired, this Agreement and the applicable Order may be terminated by either Party, for any reason, without cause, by providing sixty (60) days’ written notice of such intent to terminate to the other Party.

  • The Initial Order Term together with any renewal period shall be referred to as the “Order Term”.

  • Orders for MMb, FDS3, and DS3 Sprint IP Dedicated ports will be accepted subject to availability and require a minimum Initial Order Term of 1 year.

  • The Initial Order Term combined with each applicable Renewal Order Term of an Order.


More Definitions of Initial Order Term

Initial Order Term has the meaning in the applicable Order Form.
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Initial Order Term means the Contract Term stated on the first Order Form for the purchase of the Services by End User.
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