Common use of Duration of Use Clause in Contracts

Duration of Use. The initial duration of use of the HS begins upon Activation, as defined in Section 9 Product Lifecycle Management. This duration is chosen by User, at his discretion, when purchasing Software and may be renewed for the same or different periods. In some cases, User may change the duration of a Product usage period during the current usage period. In the event of service interruption by User, Famic will prolong the duration of HS for a period equivalent to the service interruption time. In some cases, if HS is not renewed, a reinstatement fee might be applicable upon reactivation.

Appears in 3 contracts

Sources: Hosting Services Agreement, Hosting Services Agreement, Hosting Services Agreement