Examples of Renewal Periods in a sentence
If such a request is purchased by the Customer part way through the Initial Term or any Renewal Periods), such Additional Licence fees shall be pro-rated for the remainder of the Initial Term or the then current Renewal Period, as applicable.
Subject to the limitations in this Section 5.4, either party may terminate this Agreement, for any or no reason, on thirty (30) days’ advance written notice to the non-terminating party; provided, however, that termination for convenience under this Section is only available to Client for month-to-month Services Periods, and not for any prepaid annual or multi-year Services Periods or Renewal Periods (for which all Access Fees are paid in advance).
As a direct limitation to the preceding sentence, automatic Renewal Periods do not apply to any monthly Services Period agreed to by the parties in the order form.