Common use of Runtime License Clause in Contracts

Runtime License. 4.1 Purchaser is entitled to generate application-specific, loadable and executable software with the software product and to transfer such software (runtime license). 4.2 Unless stipulated otherwise, in case of transferring such software, Purchaser shall pay in addition to the purchase price a runtime license fee per device on which the generated software is used. The amount of the runtime license fee shall be determined by SICK according to SICK's reasonably exercised discretion. 4.3 Unless agreed otherwise, Purchaser shall, before transferring such software, request a license number for the runtime license from SICK. SICK shall notify Purchaser of such number after receipt of payment of the runtime license fee. When transferring the generated software, Purchaser shall pass the terms of use agreed between SICK and Purchaser on to Purchaser's customer.

Appears in 4 contracts

Sources: End User License Agreement (Eula), End User License Agreement (Eula), End User License Agreement (Eula)