Common use of Pricing Terms Clause in Contracts

Pricing Terms. 10.1 The Customer shall pay the Service Fee for each Protected Server as set out in the CMS SOW. 10.2 The Customer shall pay the monthly Service Fees for each Protected Server listed in the CMS SOW from the date it passes Acceptance Testing (or is deemed to pass Acceptance Testing), even if all Protected Servers have not yet been accepted. Each Protected Server is deemed to be provisioned on the earlier of the date notified by Interactive in accordance with clause 15.11 or 6.3 for that Protected Server, or the date the Customer accepts the results of Acceptance Testing for that Protected Server. 10.3 Interactive will invoice the Customer for the monthly Service Fee monthly in advance. 10.4 The Customer may add additional Protected Servers to be covered by Cloud DRaaS by making a Service Request. There is a fee set out in the Cloud Rate Card applies for each Protected Server added. Interactive requires at least 14 days’ notice to add a Protected Server. 10.5 If Interactive provides Disaster Recovery Customisation Services, the Customisation Fee is Time and Materials and will be set out in the CMS SOW. This Customisation Fee is an estimate only. The actual Customisation Fee will be based on the hours expended, calculated in accordance with the Standard Charge Out Rates set out in the Rate Card. Customisation Fees are payable in arrears. Any fee or duration estimates are based on the limited information the Customer has provided Interactive and may vary. 10.6 The implementation fee for Cloud DRaaS, as set out in the CMS SOW, is payable by the Customer on the following milestones: (a) 50% upon signing of the CMS SOW (or relevant addendum). (b) 50% on the Service Start Date. 10.7 Interactive may adjust the Service Fee annually for each of the Services detailed in the CMS SOW (for the avoidance of doubt, this change applies to both initial and additional Services) by giving no less than 30 days’ notice to the Customer.