Common use of License Term and Termination Clause in Contracts

License Term and Termination. Subject to the terms and conditions of this Agreement, the License to use the Software may continue until terminated (for example as a result of the expiry of a designated License term or by the exercise of termination rights pursuant to this Agreement or otherwise at law), unless the Software qualifies as an Evaluation License, or Educational- Institution License, or is designated as a fixed-term license, a limited duration license or a Subscription or Rental License. In such cases, the term of the License (the “Designated Term”) shall be the term identified by Transoft in the invoice or quote issued by Transoft to You, identified in applicable User Documentation or the term for which You have paid, whichever is less. If Transoft identifies the Software as licensed for a fixed term, limited duration or rental and does not specify a term, then the Designated Term shall expire ninety (90) days after the date You first install the Software. Use of this Software beyond the applicable License term, or any attempt to defeat the time-control disabling function in the Software is an unauthorized use and constitutes a material violation and breach of this Agreement and intellectual property laws and an infringement of Transoft’s rights. If You breach the terms and conditions of this Agreement, Transoft may terminate this Agreement and any license rights You may have with respect to the Software pursuant to this Agreement without prejudicing any other rights or remedies available to Transoft. Transoft may also terminate this Agreement immediately in accordance with subsection 3(a) . In any event You must destroy and remove all copies of the Software from any Site Server or other Computer Devices. Sections 5 and 6, subsections 3(b), (c), (d), subsections 9(b) and (c) and section 1(a)(5) of Schedule “A” specifically survive termination. After 90 days of expiry or termination of this Agreement for any reason, Transoft will have the right to delete Your Account and Your Authorized Users’ Accounts, Your Profile and all Your Project Data. Within 90 days of expiry of this Agreement, reinstatement of access to Project Data may be subject to an administrative fee.

License Term and Termination. Subject to the terms and conditions of this Agreement, the License to use the Software may continue until terminated (for example as a result of the expiry of a designated License term or by the exercise of termination rights pursuant to this Agreement or otherwise at law), unless the Software qualifies as an Evaluation License, or Educational- Institution License, or is designated as a fixed-term license, a limited duration license or a Subscription or Rental License. In such cases, the term of the License (the “Designated Term”) shall be the term identified by Transoft in the invoice or quote issued by Transoft to You, identified in applicable User Documentation or the term for which You have paid, whichever is less. If Transoft identifies the Software as licensed for a fixed term, limited duration or rental and does not specify a term, then the Designated Term shall expire ninety (90) days after the date You first install the Software. Use of this Software beyond the applicable License term, or any attempt to defeat the time-control disabling function in the Software is an unauthorized use and constitutes a material violation and breach of this Agreement and intellectual property laws and an infringement of Transoft’s rights. If You breach the terms and conditions of this Agreement, Transoft may terminate this Agreement and any license rights You may have with respect to the Software pursuant to this Agreement without prejudicing any other rights or remedies available to Transoft. Transoft may also terminate this Agreement immediately in accordance with subsection Subsection 3(a) . In any event You must destroy and remove all copies of the Software from any Site Server or other Computer Devices. Sections 5 and 6, subsections Subsections 3(b), (c), (d), subsections Subsections 9(b) and (c) and section Section 1(a)(5) of Schedule “A” specifically survive termination. After 90 days of expiry or termination of this Agreement for any reason, Transoft will have the right to delete Your Account and Your Authorized Users’ Accounts, Your Profile and all Your Project Data. Within 90 days of expiry of this Agreement, reinstatement of access to Project Data may be subject to an administrative fee.

License Term and Termination. Subject to the terms and conditions of this Agreement, the License to use the Software may continue until terminated (for example as a result of the expiry of a designated License license term or by the exercise of termination rights pursuant to this Agreement or otherwise at law), unless the Software qualifies as an Evaluation License, or Educational- Institution License, or is designated as a fixed-term license, a limited duration license or a Subscription rental or Rental Licensesubscription license. In such cases, the term of the License license (the “Designated Term”) shall be the term identified by Transoft in the invoice or quote issued to by Transoft to You, identified in applicable User Documentation or the term for which You have paid, whichever is less. If Transoft identifies the Software as licensed for a fixed term, limited duration or rental and does not specify a term, then the Designated Term shall expire ninety (90) days after the date You first install the Software. Use of this Software beyond the applicable License license term, or any attempt to defeat the time-control disabling function in the Software is an unauthorized use and constitutes a material violation and breach of this Agreement and intellectual property laws and an infringement of Transoft’s rights. If You breach the terms and conditions of this Agreement, Transoft may terminate this Agreement and any license rights You may have with respect to the Software pursuant to this Agreement without prejudicing any of other rights or remedies available to Transoft. Transoft may also terminate this Agreement immediately in accordance with subsection 3(a) . In any event You must destroy and remove all copies of the Software from any Site Server or other Computer Devices. Sections 5 and 6, subsections 3(b), (c), (d), subsections 9(b) and (c) and section 1(a)(5) of Schedule “A” specifically survive termination. After 90 days of expiry or termination of this Agreement for any reason, Transoft will have the right to delete Your Account and Your Authorized Users’ Accounts, Your Profile and all Your Project Data. Within 90 days of expiry of this Agreement, reinstatement of access to Project Data may be subject to an administrative fee.