### CO-TERM

What does the “CO-TERM” functionality do?

The “CO-TERM” functionality automatically calculates the finish date for your subscriptions in order to have for all the purchased subscriptions the same expiration date.

What are the Co-Terms for Business Subscription?

How is the finish date calculated if I have active Standard/Business subscriptions and I want purchase one or multiple subscriptions?

The finish date will be calculate like this:

Example:

You have 5 licenses that expires on 8/21/2018.

You want to purchase 2 more licenses on 7/21/2018.

daysRemained = (oldExpirationDate – actualDate) * oldQuantity

daysRemained = (8/21/2018 – 7/21/2018) * 5 = 155 days.

daysPurchased = newQuantityPurchased * 365 = 2 * 365 = 730 days

totalQuantity = oldQuantity + newQuantityPurchased = 5 + 2 = 7

daysToAdd = (155 + 730) / 7 = 126 days

newExpirationDate = 7/21/2018 (actualDate) + 126days = 12/25/2018

How is the finish date calculated if I have expired Standard/Business subscriptions and I want to purchase one or multiple subscriptions?

If your subscriptions expired and you want to purchase one or multiple subscriptions, the quantity in database will be the new quantity purchased and the expiration date will be after 1 year from the day you make the new purchase.

Example:

You have 5 expired licenses with expiration date on 8/21/2018.

On 9/21/2018 you purchase 5 licenses.

totalQuantity = 5;

ExpirationDate = 9/21/2019​

How is the finish date calculated If I want to renew the same quantity of Standard/Business subscriptions and the actual subscriptions are not expired?

Example:

You have 5 licenses that expire on 9/21/2018.

On 8/21/2018 you renew the same quantity of subscriptions

totalQuantity = 5

ExpirationDate = 9/21/2019

How is the finish date calculated If I want to renew a smaller quantity of Standard/Business subscriptions and the actual subscriptions are not expired?

Example:

You have 5 licenses that expire on 8/21/2019 and you renew 2 subscriptions that are assigned to Editors.

TotalQuantity = 2

ExpirationDate = 8/21/2020

How is the finish date calculated If I want to renew bigger quantity of Standard/Business subscriptions and the actual subscriptions are not expired?

Example:

You have 5 licenses that expire on 8/21/2018

You renew 7 licenses on 7/21/2018

daysRemained = (oldExpirationDate – actualDate) * oldQuantity

daysRemained = (8/21/2018 – 7/21/2018) * 5 = 155 days

daysPurchased = newQuantityRenew* 365 = 7 * 365 = 2555 days

totalQuantity = newQuantityRenew = 7

daysToAdd = (155+ 2555) / 7 = 387 days

newExpirationDate = 8/21/2018 + 387 days = 9/12/2019

How is the finish date calculated If I want to renew a number greater or equal with the number of assigned Editors and the actual Standard/Business subscriptions are expired?

Example:

You have 5 subscriptions that expired on 8/21/2018.

On 9/21/2018 you renew 7 licenses.

totalQuantity=7

ExpirationDate = 9/21/2019​

How is the finish date calculated if I upgrade from Standard to Business Subscription?

1. If you have less than or equal with 365  remaining days for the Standard Subscription, the finish date is calculated with the following formula:

RemaingCost = 70 - [(70/365) * RemainingDays]

DaysToAdd = RemainingCost / (199.99 / 365)

Example

You have 1 Standard Subscription that expires after 50 days on 10/25/2019

RemainingCost = 70 - [(70 / 365)  *  50] = 60.41

DaysToAdd  = 60.41 / 0.5479 = 110 days

FinishDate = 10/25/2019 + 110 days = 2/12/2020

2. If you have greater than 365 remaining days for the Standard Subscription, the finish date is calculated with the following formula:

TotalRemainigCost = [RemainingDays * (129.99 / 365)] + 70

DaysToAdd = TotalRemainingCost / (199.99 / 365)

Example

You have 1 Standard Subscription that expires after 700 days on 9/24/2020

RemainingCost = [700 * (129.99 / 365)]+ 70= 319.29

DaysToAdd  = 319.29 / 0.5479 = 583 days

FinishDate = 10/25/2018 + 583 days = 5/29/2020

What is CO-TERM info?

CO-term info refers to general and special arrangements, specifications and standards that form an integral part of an agreement or contract.