Automatic Renewal

(redirected from Automatic Renewals)

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.
Mentioned in ?
References in periodicals archive ?
The contract expires on 1.1.2022 (00.00 hrs), With a maximum of two automatic renewals of one year each, Unless one of the parties terminates the contract within a period of 6 months prior to expiry of the respective contract period.
The agreement is for one year, with automatic renewals subject to mutually satisfactory sales and service performance.
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.
"Companies cannot play hide the ball when it comes to fees consumers are being charged."<p>In addition to paying the settlement fine, Symantec and McAfee will now make better disclosures about subscription renewal fees when customers sign up, the attorney general's office said.<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.
With TractManager, rural healthcare organizations can immediately locate contracts; send e-mail reminders about expirations and prompt automatic renewals; prepare for audits and accreditations while controlling contractual obligations; reduce payments on expired contracts to minimize risk of non-compliance, and eliminate the risk of missing warranty expirations and service requirements.
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." I subscribed by this method and recycled my card.
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.
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. Meredith Broadcasting acquired adver.tising contracts with myriad terms remaininmg.

Full browser ?