Common use of Hosting Fees Clause in Contracts

Hosting Fees. The hosting fees for the initial License Configuration will be fixed for the initial Hosting Term and modifications to such fees may be made at the beginning of a subsequent Hosting Term. Customer may only reduce the number of Users being hosted as set forth on the Ordering Document, as applicable, at the end of each Hosting Term via an executed Ordering Document or amendment between Parties. Upon Customer’s written request, OPIE will initiate installation of the Software. Hosting fees begin to accrue on the first date on which Customer can log onto the Software (the “Start Date”). Monthly hosting fees are based on Customer’s current License Configuration, and storage usage. The first month’s Hosting fees will be invoiced as defined in the Ordering Document.

Appears in 2 contracts

Sources: Master Solution Agreement, Master Solution Agreement