Maintenance Term definition

Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

Maintenance Term means, initially, the Maintenance Term identified in the Order. Upon expiration of the initial Maintenance Term, the Maintenance Term shall automatically renew for additional one (1) year periods unless terminated earlier by either party, at its option, by written notice at least sixty (60) days prior to the end of the then-current Maintenance Term. The Maintenance Term shall immediately terminate upon the termination, expiration, or cancellation of this Agreement for any reason.

Maintenance Term means the term during which Maintenance Services will be provided as set forth in an Order Form or applicable renewal agreement.

Examples of Maintenance Term in a sentence

The Parties’ agreement regarding dispute resolution procedures as set forth in this Section 10.1 shall survive expiration or earlier termination of the Maintenance Term and thereafter for so long as either Party has any obligation originating under the CMC Documents.
Each additional five-year term shall commence as of the expiration of the prior Maintenance Term and continue for a period of five years, unless terminated earlier in accordance with the terms of this CMC.
The Minimum Tangible Net Worth Requirement described herein shall be adjusted annually based on changes in the CPI in accordance with the methodology set forth in Section 8.1.3 of the CMA General Conditions, commencing on the first anniversary of the Initial Maintenance Term Commencement Date and continuing annually thereafter during the Maintenance Period.
Notwithstanding the above, from and after the date that is six months prior to the end of the Maintenance Term, any remaining or newly assessed Noncompliance Points shall be deducted from payments in accordance with Item 8 of the CMA General Conditions at a rate of $6,000 per Noncompliance Point regardless of the 10 Noncompliance Point threshold.
Lane Rental Charges shall be recalculated for each subsequent Maintenance Term, escalating or reducing, as appropriate by a percentage adjustment in the CPI between the most recently published CPI and that CPI published immediately prior to the commencement of the previous Maintenance Term.

Maintenance Term means the agreed upon time period for the provision of Maintenance in an Order.

Maintenance Term means the term defined in Clause 5.3.

Maintenance Term means the agreed upon time period for the provision of Maintenance in an Order beginning (i) on the date of the Order if a new purchase, (ii) the date of delivery if the Order is placed through Forcepoint’s GSA Schedule, or

Maintenance Term means any period during which Customer is entitled to receive maintenance hereunder, including any renewals or extensions thereof.

Maintenance Term means the period to be fixed in the DBFM Agreement commencing on the Commissioning Date and continuing through to the Hand-back Date during which any Proponent successful in the RFP stage of this procurement process shall maintain the work of the Project in accordance with terms to be finalized in the DBFM Agreement;

Maintenance Term means the Initial Term or the Renewal Term, as the case may be;