Minimum Term definition

means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

Based on 32 documents means, in respect of this XXXX, the period of 12 months beginning on the Effective Date; Based on 25 documents

Examples of Minimum Term in a sentence

By agreeing to the monthly direct debit/credit card autopay for your Membership dues, you acknowledge that subsequent xxxxxxxx will be scheduled from the second month onward and are payable throughout the Minimum Term, regardless of your utilization of the Club facilities.
The Minimum Term shall be extended to take into account the duration during which your Membership remains hibernated.
You may terminate your Agreement before the expiry of the Minimum Term (payment amount) if you are bankrupt and a time freeze is not a suitable option with regard to your financial circumstances.
After the final commitment month ends, this Membership will be automatically renewed on a monthly basis without a Minimum Term, while retaining the same monthly fees throughout the Agreement subject to prevailing GST and fees changes.
PERMANENT SICKNESS OR PHYSICAL INCAPACITY You may terminate your Agreement before the expiry of the Minimum Term if you are sick or incapacitated and time freeze is not a suitable option for your circumstances.

More Definitions of Minimum Term

Based on 19 documents has the meaning given to it in Clause 4(b). Based on 16 documents

means the minimum contract term for which Customer acquires a Service, as set out in the relevant Order, and which commences on the Billing Commencement Date. Order means an order that sets out the Services that Customer requests Megaport to provide (whether in manual format or as submitted in the Megaportal or via the Megaport API).

Based on 15 documents Based on 14 documents Based on 14 documents

means the number of elapsed calendar months after the Ready For Service date, identified upon the Service Order and for which a customer commits to procure the service.

Based on 12 documents

means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.