Examples of Reinstatement Period in a sentence
The Software Maintenance Support reinstatement fee is twenty-five percent (25%) of the past due Software Maintenance Support charges accumulated during the Reinstatement Period (“Reinstatement Fee”), and shall be in addition to the total Software Maintenance Support charges for the Reinstatement Period, all calculated at the current Software Maintenance Support list price.
The Lessor may attempt repossession of the Equipment during the Reinstatement Period; however, the Lessee’s right to reinstate this Lease does not expire because of such repossession.
During the ninety-day Reinstatement Period, Client may reinstate the Agreement by paying the full subscription fee.
Should Client choose to not renew, there is a Reinstatement Period beginning the day after the Agreement Renewal Period and ending ninety days thereafter.
If the Equipment is returned to the Lessor during the Reinstatement Period, other than through judicial process, the right to reinstate the Lease shall be extended for a period of not less than 30 days if the consumer has paid less than 60% of the total amount to be paid to acquire ownership of the Equipment and shall be extended for a period of not less than 60 days if the Lessee has paid 60% or more of the total amount to be paid to acquire ownership of the merchandise.