Examples of Licensed capacity in a sentence
Main- tenance fees will apply from the effective date of such additional Licensed Capacity and con- tinue for a period of one year thereafter, unless otherwise agreed to in writing by the parties, so that Maintenance for Your previously acquired Software and added Licensed Capacity is cote- rminous.
Regardless of usage type, You shall immediately notify Parasoft in writing of any increase in use beyond the Licensed Capacity.
Such report will be certified by an officer of Yours and will specify, with respect to Your Soft- ware: (a) the type and amount of Licensed Capacity; (b) the version; and (c) the Parasoft license serial number.
Parasoft shall be responsible for its own costs and expenses in conducting the audit, unless the audit indicates that You have exceeded its Licensed Capacity or otherwise exceeds its license restrictions, such that the then-current list price of non-compliant Software deployment exceeds five percent (5%) of the total then-current list price of the Software actually licensed by You, in which event You shall, upon demand, reimburse Parasoft for all reasonable costs and expenses of the audit.
Subject to the terms and conditions of this Agreement, Parasoft grants to You a perpetual, non-exclusive license to use the Software within the Territory, in accordance with the User Documentation and in compliance with the authorized Licensed Capacity.