Order Renewal Term
Catalog row in Vendor License Programs · Cited
- Kind
- Subscription term
- Term
- Automatic three-year Renewal Term unless the Order says otherwise
- Definition
- MSA §6.1: each Order "will automatically renew for a successive three-year renewal term (“Renewal Term”) unless either party provides written notice of its intent to terminate the Order at least 90 days prior to the end of the then-current term"
- Commercial rules
- Renewal fees are set at Boomi's then-current year-over-year percentage increase; price changes apply only from the next renewal term (§4.1).
- Applies to
- Every Order under the MSA