MLSA Term Sample Clauses

The 'MLSA Term' clause defines the duration for which the Master License and Services Agreement (MLSA) remains in effect between the parties. Typically, this clause specifies the start date and the conditions under which the agreement continues, such as automatic renewals or fixed end dates, and may outline procedures for extension or termination. By clearly establishing the agreement's timeframe, this clause ensures both parties understand their ongoing obligations and provides a framework for managing the relationship over time.
MLSA Term. The term of this MLSA shall commence on the Effective Date and shall continue until no Order Forms or SOWs remain in effect, unless earlier terminated as set forth below (the “MLSA Term”). Either Party may terminate this MLSA if the other Party commits a material breach of this MLSA and, if capable of remedy, does not cure such breach within 30 days after receipt of written notice. Upon termination, Customer shall promptly pay to Snow all outstanding Fees that accrued through the effective date of termination. Termination of this MLSA shall simultaneously terminate any Order Forms and SOWs then in effect. If this MLSA is terminated by Snow for Customer’s material breach, all rights and licenses granted to Customer are terminated and revoked (even if it is identified as “perpetual”).
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MLSA Term. The term of this MLSA shall commence on the Effective Date and shall continue until no Order Forms or SOWs remain in force and effect, unless earlier terminated in accordance with Section 12.c (Termination for Breach) (the “MLSA Term”).
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Related to MLSA Term

  • Dpa Term Paragraph 4 on page 1 of the DPA setting a three-year term for the DPA shall be deleted, and the following shall be inserted in lieu thereof: “This DPA shall be effective upon the date of signature by Finalsite and ▇▇▇. and shall remain in effect as between Finalsite and LEA 1) for so long as the Services are being provided to LEA or 2) until the DPA is terminated pursuant to Section 15 of this Exhibit G, whichever comes first. ”

  • Extended Term Tenant shall have the option to extend the Term for two (2) consecutive five (5) year periods (the "FIRST EXTENDED TERM" and "SECOND EXTENDED TERM", respectively) on all the terms and conditions contained in this Lease including, without limitation, continuation of the adjustment of the Base Rent on an annual basis as provided in Section 3.3 below (provided only that upon commencement of the First Extended Term the only remaining option to extend the Term shall be the Second Extended Term and upon exercise of the option with respect to the Second Extended Term, no further right to extend the Term shall exist). Tenant shall deliver, if at all, written notice of its exercise of the option ("OPTION NOTICE") to Landlord at least six (6) months but not more than one (1) year before the expiration of the Term or First Extended Term, as the case may be. In the event Tenant fails to deliver the applicable Option Notice within the time allowed, Landlord shall deliver written notice to Tenant of Tenant's failure to deliver the Option Notice, and Tenant shall then have thirty (30) days from receipt of such notice within which to deliver the Option Notice, if at all, to Landlord. In the event (and only in the event) that, Tenant fails to deliver an Option Notice to Landlord within such thirty (30) days, Tenant shall be considered to have elected not to extend the Term of this Lease and thereafter, Tenant shall have no further right to extend the Term of this Lease. References in this Lease to the "Term" shall include the initial Term of fifteen (15) years and shall, in addition, include the First Extended Term and the Second Extended Term, if applicable.

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • Original Term The weighted average original term for the Receivables is at least 65 months.

  • Fixed Term This Agreement is concluded for a fixed term specified in the ‘Contract Term’ section of the Order Form. Neither Party can terminate this Agreement for convenience, however any rights of termination for cause remain unaffected.