Initial Term definition

Initial Term has the meaning set forth in Section 7.1.

Initial Term means the time period defined in §2.B.

Initial Term shall have the meaning set forth in Section 2(b).

Examples of Initial Term in a sentence

• In the event you return subscribed Hardware to NCR Voyix prior to the end of the Initial Term, you agree to pay NCR Voyix’s restocking fees.

• Following the Initial Term, this Agreement will automatically renew for consecutive 12-month periods unless either party provides written notice of non-renewal no later than 60 days prior to the expiration of the Initial Term or then current renewal term.

• The Initial Term and all subsequenTtermr.e”newal If you add a Product, Service, or other supplement to the Service that includes a minimum term that extends beyond the Initial Term (including but not limited to the Extended Payment Program for Eligible Hardware), then the Term for the Service will automatically extend and be co-terminus with the extended Term.

• If you select an annual or multi-year plan, NCR Voyix may increase rates once per calendar year (including during the Initial Term), provided however that each annual increase will not exceed the percentage increase in the Consumer Price Index for All Items (urban consumers) plus 2% (but in no event will the increase be less than 2%); otherwise, rates and fees are subject to change at any time with 30 days’ written notice to the email address on file.

• If you select an annual or multi-year plan, NCR Voyix may increase rates once per calendar year (including during the Initial Term), provided however that each annual increase will not exceed the percentage increase in the Consumer Price Index for All Items (urban consumers) plus 2% (but in no event will the increase be less than 2%); otherwise, rates and fees are subject to change at any time with 30 daywsritt’en notice to the email address on file.

More Definitions of Initial Term

Initial Term has the meaning set forth in Section 2.2.

Initial Term has the meaning set forth in Section 4.1.

Initial Term shall have the meaning set forth in Section 9.1.

Initial Term is the period commencing on the Effective Date and ending on the Expiration Date designated on the Coversheet.

Initial Term has the meaning set forth in Section 10.1.

Initial Term has the meaning set forth in Section 3.01.

Initial Term shall have the meaning set forth in Section 3.1.