Examples of Managed Services Term in a sentence
Each extension may include an Optional Maintenance Term, an Optional Licensing and Hosting Term and/or an Optional Managed Services Term.
During the Managed Services Term, Epicor may make available to Customer security patches and/or other updates or upgrades to the On-premises Applications (“Updates”).
Customer agrees to promptly pay to Epicor the Managed Services fees applicable to excess use during the applicable usage period and Customer’s Managed Services fees payable for the duration of the Managed Services Term will be adjusted accordingly.
Any additional Managed Services Orders processed during the Managed Services Term will be added to Customer’s then current Managed Services and are subject to the Master Terms and Managed Services Supplement in effect at the commencement of the then current Initial Managed Services Term or Renewal Managed Services Term as the case may be.
Epicor grants to Customer on behalf of it and its Affiliates a non-exclusive, non-transferable and worldwide right to use the Managed Services for the Managed Services Term.
Customer will also pay Epicor the Managed Services fees applicable to any excess use during the applicable usage period, and the Managed Services fees applicable to the remainder of the Managed Services Term will be adjusted accordingly.
If Epicor processes Customer Data as part of the Managed Services, Epicor will make the Customer Data available to Customer in machine-readable format upon Customer’s written request made within 30 days following termination or expiration of the Managed Services Term.
Unless otherwise specified on the pertinent Solution Summary, or in the applicable Statement of Work, Customer may terminate Managed Services, in whole or in part, upon providing Seller with thirty (30) days advance written notice; provided, however, that Customer shall be liable to Seller for the lesser amount due for Managed Services for (i) twelve (12) months; or(ii) the remainder of the Managed Services Term.
If Customer acquires an On-premises Application, Epicor hereby grants to Customer a license to use the object code (run-time) version of the On-premises Application on a worldwide, personal and non-exclusive basis during the Managed Services Term solely in connection with its use of the Managed Services and in accordance with Section 2.1 of this Supplement.
Customer’s right to use the Managed Services and On-premises Applications ends upon the effective date of expiration or termination of the Managed Services Term.