Common use of TERM, TERMINATION AND CANCELLATION Clause in Contracts

TERM, TERMINATION AND CANCELLATION. a) The license for any item of NonStop Software granted by HPE will be effective from the date such NonStop Software is delivered to Customer and, unless sooner terminated, will terminate in the event the Designated System for such item of NonStop Software ceases to be within the possession and control of Customer or until Customer fails to or ceases to pay applicable License Fees in accordance with Section 8.J. Payments, of Appendix A to DIR Contract Number: DIR- TSO-4160. Customer may terminate the license for any item of NonStop Software, together with the obligation to pay further applicable license charges, effective no less than thirty (30) days after the last day of the month in which the notice of termination is received by HPE. In the event of a termination of any license for which a fee or charge has been paid, there will be no refund or credit to Customer. b) Support will continue for a minimum of twelve (12) months from the Support Effective Date (the “Minimum Term”), and will continue thereafter throughout the minimum term, unless terminated in accordance with Appendix A, Section 11.B. (Termination) to DIR Contract Number: DIR-TSO-4160.

Appears in 1 contract

Sources: Software as a Service Agreement

TERM, TERMINATION AND CANCELLATION. a) The license for any item of NonStop Software granted by HPE HP will be effective from the date such NonStop Software is delivered to Customer and, unless sooner terminated, will terminate in the event the Designated System for such item of NonStop Software ceases to be within the possession and control of Customer or until Customer fails to or ceases to pay applicable License Fees in accordance with Section 8.J. 8.K. Payments, of Appendix A to DIR Contract Number: DIR- TSO-4160No. DIR-TSO- 2538. Customer may terminate the license for any item of NonStop Software, together with the obligation to pay further applicable license charges, effective no less than thirty (30) days after the last day of the month in which the notice of termination is received by HPEHP. In the event of a termination of any license for which a fee or charge has been paid, there will be no refund or credit to Customer. b) Support will continue for a minimum of twelve (12) months from the Support Effective Date (the “Minimum Term”), and will continue thereafter throughout the minimum term, unless terminated in accordance with Appendix A, Section 11.B. (Termination) to DIR Contract Number: No. DIR-TSO-4160.TSO-2538. DIR Contract No. DIR-TSO-2538 is for an initial one (1) year term and three

Appears in 1 contract

Sources: Customer Terms for Software as a Service and Nonstop Products and Services

TERM, TERMINATION AND CANCELLATION. a) The license for any item of NonStop Software granted by HPE will be effective from the date such NonStop Software is delivered to Customer and, unless sooner terminated, will terminate in the event the Designated System for such item of NonStop Software ceases to be within the possession and control of Customer or until Customer fails to or ceases to pay applicable License Fees in accordance with Section 8.J. 8.K. Payments, of Appendix A to DIR Contract Number: DIR- TSO-4160No. DIR-TSO- 3359. Customer may terminate the license for any item of NonStop Software, together with the obligation to pay further applicable license charges, effective no less than thirty (30) days after the last day of the month in which the notice of termination is received by HPE. In the event of a termination of any license for which a fee or charge has been paid, there will be no refund or credit to Customer. b) Support will continue for a minimum of twelve (12) months from the Support Effective Date (the “Minimum Term”), and will continue thereafter throughout the minimum term, unless terminated in accordance with Appendix A, Section 11.B. (Termination) to DIR Contract Number: No. DIR-TSO-4160TSO-3359. DIR Contract No. DIR-TSO-3359 is for an initial term through July 3, 2016 and two (2) one-year renewal options which may be exercised by Vendor’s issuance of thirty (30) days advanced written notice and Customer's concurrence prior to the then-effective expiration date (each a “Renewal Term”).

Appears in 1 contract

Sources: Customer Terms for Software as a Service and Nonstop Products and Services