Common use of Perpetual License Grant Clause in Contracts

Perpetual License Grant. In the event Licensee elects to purchase a Perpetual License as set forth in the Sales Order, Licensor hereby grants to Licensee and Licensee accepts a limited, perpetual, revocable, non- exclusive, non-sublicensable, non-assignable, non-transferable, non-resellable license, to install, execute, and use the Licensed Product identified in the Sales Order, subject to the terms and conditions of this Agreement. Licensor reserves all rights in the Licensed Product. Perpetual Licenses granted pursuant to the terms of this Agreement shall be effective as of the date set forth on the Sales Order and continue in perpetuity, unless sooner terminated per the terms of this Agreement.

Appears in 2 contracts

Samples: Software End User License Agreement, Software End User License Agreement

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Perpetual License Grant. In the event Licensee elects to purchase a Perpetual License as set forth in the Sales Order, Licensor hereby grants to Licensee and Licensee accepts a limited, perpetual, revocable, non- non-exclusive, non-sublicensable, non-assignable, non-transferable, non-resellable license, to install, execute, and use the Licensed Product identified in the Sales Order, subject to the terms and conditions of this Agreement. Licensor reserves all rights in the Licensed Product. Perpetual Licenses granted pursuant to the terms of this Agreement shall be effective as of the date set forth on the Sales Order and continue in perpetuity, unless sooner terminated per the terms of this Agreement.

Appears in 1 contract

Samples: Software End User License Agreement

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Perpetual License Grant. In the event Licensee elects to purchase a Perpetual License as set forth in the Sales Order, Licensor hereby grants to Licensee and Licensee accepts a limited, perpetual, revocable, non- non-exclusive, non-sublicensable, non-assignable, non-transferable, non-resellable license, to the to install, execute, and use the Licensed Product identified in the Sales Order, subject to the terms and conditions of this Agreement. Licensor reserves all rights in the Licensed Product. As it pertains to Perpetual Licenses granted pursuant to the terms of Licenses, this Agreement shall be effective as of the date set forth on the Sales Order Effective Date and continue in perpetuity, unless sooner terminated per the terms of this Agreement.

Appears in 1 contract

Samples: Software End User License Agreement

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