Auto-renewing Renewal Term (Business)
Catalog row in Vendor License Programs · Cited
- Kind
- Subscription term
- Term
- 12 month Renewal Terms
- Definition
- Business Terms 3.1: after the Initial Term the subscription automatically renews for additional twelve month Renewal Terms unless the Order states otherwise or either party gives notice of non-renewal at least 30 days before expiry.
- Commercial rules
- Licences are renewed in full at the annual renewal date including unused ones; fee changes take effect at the end of the then-current term; payments are final and non-refundable.
- Applies to
- LastPass Teams, Business and Business Max bought directly
- Related metrics