Common use of Calculation Period Clause in Contracts

Calculation Period. The calculation period for a service contract is a full year, starting with the day when the contract is concluded. Service contracts that are concluded later for additional licenses are temporarily charged in proportional parts for the remaining period until the subsequent service fees of the first license are due. After that, they are billed in the annual rhythm together with the service contract for the first license.

Appears in 3 contracts

Sources: Service Contract, Service Contract, Service Contract