Licensing Programs Sample Clauses
The Licensing Programs clause defines the terms under which a party is permitted to use certain intellectual property, technology, or products owned by another party. Typically, this clause outlines the scope of the license, any restrictions or limitations, and the obligations of the licensee, such as payment of royalties or compliance with usage guidelines. For example, it may specify whether the license is exclusive or non-exclusive, the territories covered, and the duration of the license. The core function of this clause is to clearly establish the rights and responsibilities related to the use of licensed materials, thereby preventing disputes and ensuring both parties understand the extent of permitted use.
Licensing Programs. Unless otherwise specifically set forth herein, Bentley Products are licensed on a per Device basis as set forth in the applicable end user license that ships with the Bentley Product. The following licensing programs are not available for all Products; please check Online SELECT to see which Products are Eligible Products for the respective licensing programs. Bentley reserves the right to add or remove any Product from eligibility for licensing under the following programs. Bentley reserves the right to discontinue any of its licensing programs at any time, without notice to Subscriber. However, until renewal or termination of this Agreement, such termination of any licensing program shall not affect the licenses for Products previously granted pursuant to such terminated licensing program. For purposes of clarity, all licenses previously granted pursuant to a terminated licensing program shall terminate upon the renewal or termination of this Agreement.
Licensing Programs. TimeValue has two licensing programs, depending on the product: (1) A one-time purchase of the Software - - Under this program, the user makes a one- time purchase at a designated price. The purchase does not include any future updates of the Software or training unless a separate maintenance contract is purchased; or