Automatic Renewal

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Automatic Renewal

A way a business attempts to create residual income in which it sells a certain, stated order to a customer at regular intervals until the customer cancels. For example, an online dating site may renew a membership every 30 days until the client decides not to continue. The term especially applies to memberships and other intangible orders.
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Contract period desired is for an initial period of one year, with automatic renewals for three (3) additional successive one-year terms.
Millions fail to save by challenging automatic renewals for car insurance and other policies - missing out on an average of PS226 a year according to our research.
The initial term of the supply agreement is for three years with automatic renewals (subject to certain conditions) for additional periods of three years each.
lt;p>Security companies have been offering automatic renewals to their customers for nearly a decade now, but in the past few year it's become much more common in the antivirus industry.
I would also encourage MOTHER EARTH NEWS to "get the word out" about your "Earth-friendly subscription program" that offers "paperless transactions with automatic renewals at the lowest available rate.
Keynote presentations, 30 seminars and "power panels" feature leaders in circulation and marketing discussing new federal laws, customer relationship management, converting non-paid circulation into paid, making a website a marketing tool, digital distribution, auditing, renewals, going international, controlled circulation, automatic renewals, postal rules, e-newsletters, and partnership marketing.
Thereafter, automatic renewals apply for one-year periods.
Clarke Price, CEO of the Ohio Society and SSLLC chair, informed state society executives in early October that the contract was being revamped and would likely be a three-year contract, not a 10-year contract with 10 automatic renewals at 10 years each, as originally designed.
The lease agreement is for five years, with automatic renewals for 25 years more.
But it still allows renters of co-op units that were in place prior to that time to be afforded automatic renewals and rent protections.
An asset may have a fixed life that can be extended by automatic renewals.
The QuickBooks Enterprise price includes a 12-month full-service plan which entitles businesses to 24/7 technical support from a dedicated support engineer, product upgrades, data recovery and reporting services, interactive training tools and automatic renewals.

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