Common use of Licensed Companies Clause in Contracts

Licensed Companies. You may authorize use of the Software by a Licensed Company, provided (I) such Licensed Company agrees in writing to abide by the terms of the Agreement, and (ii) the combined use of the Software or Services hereunder by You and Licensed Companies shall in no event exceed the License Metrics authorized under the applicable Order Form. For the avoidance of doubt, use by a Licensed Company under this provision DOES NOT grant such company a license to use the Software in their own right, but only by virtue of their relationship with You, Our licensee. On termination of the Agreement or an Order Form between You and Us, all rights granted to Licensed Companies shall also terminate. You hereby guarantee the performance of all terms and obligations of the Agreement by any such Licensed Company and agree to comply with any injunction arising out of any breach by a Licensed Company of the Agreement. Any breach of the Agreement by any Licensed Company shall be deemed to be a breach by You, and We will enforce the applicable terms and obligations of the Agreement against You in such circumstances.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Licensed Companies. You may authorize authorise use of the Software by a Licensed Company, provided (Ii) such Licensed Company agrees in writing to abide by the terms of the Agreement, and (ii) the combined use of the Software or Services hereunder by You and Licensed Companies shall in no event exceed the License Licence Metrics authorized authorised under the applicable Order Form. For the avoidance of doubt, use by a Licensed Company under this provision DOES NOT grant such company a license licence to use the Software in their own right, but only by virtue of their relationship with You, Our licensee. On termination of the Agreement or an Order Form between You and Us, all rights granted to Licensed Companies shall also terminate. You hereby guarantee the performance of all terms and obligations of the Agreement by any such Licensed Company and agree to comply with any injunction arising out of any breach by a Licensed Company of the Agreement. Any breach of the Agreement by any Licensed Company shall be deemed to be a breach by You, and We will enforce the applicable terms and obligations of the Agreement against You in such circumstances.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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