Example ContractsClausescommercial updatesVariants
Commercial Updates
Commercial Updates contract clause examples

#[[Organization A:Organization]] shall provide the Maintenance Services described in this for Software, Updates and Upgrades provided to [[Bank of America:Organization]] pursuant to this Agreement.

#[[Organization A:Organization]] shall continue to provide Maintenance Services on the terms and conditions of this Agreement for the version of Software [[Bank of America:Organization]] has installed for at least twenty-four (24) months after [[Organization A:Organization]] makes an Upgrade generally available to its customers.

#[[Organization A:Organization]] shall offer Upgrades to [[Bank of America:Organization]] whenever [[Organization A:Organization]] makes Upgrades generally available to its other customers. Unless otherwise agreed to in a Product License Schedule, [[Organization A:Organization]] shall deliver by Electronic Delivery or by Load and Leave delivery each Upgrade to [[Bank of America:Organization]] at no additional charge as part of Maintenance Services.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.