LICENSEWARE
NICE Program

Automatic renewal with price increase

Catalog row in Vendor License Programs · Cited

Kind
Subscription term
Term
Equal to the expiring term
Definition
Subscriptions renew for periods equal to the expiring term and fees for each renewal term may increase by the greater of 5% or CPI-U.
Commercial rules
Non-renewal notice at least 60 days before the end of the term in the prescribed manner; otherwise the customer owes the full fees for the next renewal term.
Applies to
All Cloud Services
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