Common use of For software Clause in Contracts

For software. licenses specifying a term or time based fee payment (whether sold as a “Software as a Service” or “SAAS License,” a “Subscription License” a “Term License,” “SPO license,” a “BOWL License” or any other timed licensed, in addition to the restrictions set forth above, the following restrictions apply: (i) such license will automatically expire at the end of the term; (ii) Licensee agrees that at the end of the specified term Licensee shall destroy the Software (if received on a tangible medium) together with all copies, and merged or combined portions thereof in any form and certify such destruction in writing upon the request of Grass Valley, and (iii) notwithstanding other provisions in this Agreement, Licensee shall not be entitled to Updates or Upgrades, or the use thereof, under an active applicable Support Agreement if the license term has expired. Grass Valley reserves the right to terminate the licenses immediately for failure to timely pay the applicable license fee.