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Instant Borrows Flex Borrows (continued) accessed, viewed, streamed, or downloaded by the user. Fees for Instant Borrows are invoiced monthly. To optimize Libraries' media purchases, Same. To optimize Libraries' purchases, Borrow Flex Borrows are prioritized over Instant Flex Borrows are prioritized over Instant priority Borrows of Instant Titles when possible. Borrows of Instant Titles when possible. Therefore, if a user requests an Instant Title, and at that time a Flex License to that title is available, the borrow will be fulfilled as a Flex Borrow and no PPU- Circulation Fee will apply. (Note that this priority does not apply to Instant Borrows of Binge Passes. Users may borrow Binge Passes regardless of whether select titles within the Binge Pass may be available as Flex Licenses.) A Flex License may be either perpetual, or Metering N/A "metered" Some publishers do not offer restrictions perpetual licenses, but instead offer metered licenses. Metered licenses are limited by time period and/or number of permitted borrows, as described in the Library Administration Website. If the Library has acquired OCOU Licenses Pre -Owned from another source (Pre -Owned Content Content), Midwest Tape may be able to include them as Flex Licenses on hoopla for the Library's use hereunder. The Library is responsible for (1) providing an accurate list of Pre -Owned Content for N/A Midwest Tape's review (consistent with Appendix 3), and (2) notifying the owner and/or licensor of such Pre -Owned Content when the Pre -Owned Content is to be removed. The format to be used for listing the Library's Pre -Owned Content, including the required certification, is set forth on Schedule 1 to Appendix 3. 9/2022US - PPU/OCOU Page 13