Fixed Term Plan definition

Fixed Term Plan means a plan where the Customer agrees to purchase the Services for the term specified on the Service Application Form and for which a termination charge applies in case of termination before said term.
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Examples of Fixed Term Plan in a sentence

  • If payment is not received by the last day of the current term of the Fixed Term Plan, the SiteCloud Service will be suspended, and Buyer will need to contact SENSERA at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ to purchase a new Service Plan and have the SiteCloud Service reactivated.

  • The Fixed Term Plan will automatically renew at the then- current published rates for the same plan type and duration until Buyer provides the required Fixed-Term Notice (defined below) to SENSERA; provided, however, that Buyer may elect to change the plan type or duration of any renewal of a Fixed Term Plan by contacting SENSERA at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ at least one (1) day before such renewal term begins.

  • For Monthly Plans, SENSERA requires a minimum of five (5) days’ written notice prior to the end of the current month of the Monthly Plan not to renew service for the upcoming month (“Monthly Notice”), and for Fixed Term Plans, SENSERA requires a minimum of thirty (30) days’ written notice prior to the end of the current term of the Fixed Term Plan not to renew service for the upcoming term (“Fixed Term Notice,” and together with Monthly Notice, “Non-Renewal Notice”).

  • For the automatic renewal of a Fixed Term Plan, SENSERA will provide an invoice for the renewal term to Buyer via email to the billing contact on file within thirty (30) days of the end of the current term of the Fixed Term Plan.

  • For Fixed Term Plans, fees for the initial term of the Fixed Term Plan are due and payable upon receipt of invoice and prior to the commencement of such initial term.

Related to Fixed Term Plan

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

  • Fixed term employee means a person engaged for a specified term or for the duration of a specified task in accordance with section 37(3)(b) of the State Service Act 2000.