Software Term Sample Clauses
A Software Term clause defines the duration for which a licensee is permitted to use a particular software under the agreement. Typically, it specifies a fixed period—such as one year—or ties the term to the duration of a subscription or service contract, after which the licensee must cease use or renew the license. This clause ensures both parties are clear on the permitted timeframe for software usage, helping to prevent unauthorized or indefinite use and facilitating proper license management.
Software Term. For purposes of both the Subscription Software and the Cloud Software licensed under this Order Form, the “Software Term” consists of the period of time from the last day of the month of execution of this Order Form (the “Beginning Date”) until June 30, 2027 (the “Expiration Date”). At the end of the Software Term (unless otherwise specified in the Documentation or this Order Form), Client’s license to access and use the Subscription Software and the Cloud Software will automatically renew for consecutive Contract Years on a year-to-year basis extending the Expiration Date and the Software Term by a year each time, unless either party notifies the other in writing of its intent not to effect such renewal at least ninety (90) days prior to the then-current Expiration Date; automatic renewal beyond the Software Term will be subject to an increase of up to seven percent (7%) annually, for each such renewal Contract Year, in addition to applicable third party fee increase (if any), unless and until the parties execute a written amendment or subsequent order form for a committed renewal term.
Software Term. Unless the parties have agreed to a different start date for certain Cloud Software licensed under this Order Form (such “Delayed Cloud Software” would be identified separately by note within the Cloud Software Table below), for purposes of the Cloud Software licensed under this Order Form, the “Software Term” consists of the period of time from the first day of the next month following the Execution Date (the “Beginning Date”) until the last day of the 60th month following the Beginning Date (the “Expiration Date”). Where Delayed Cloud Software is identified separately within the Cloud Software Table, the Software Term applicable to such Delayed Cloud Software will consist of the period of time from the beginning date(s) specified in the Delayed Cloud Software Table until the Expiration Date. Unless the context provides otherwise, use of the term Cloud Software will include Delayed Cloud Software. Following the Initial Software Term (unless otherwise specified in the Documentation or this Order Form), Client’s license to access and use the Software will automatically renew for consecutive Contract Years on a year-to-year basis (each a “Renewal Contract Year”), unless either party notifies the other in writing of its intent not to effect such a renewal at least sixty (60) days prior to the Expiration Date, or, for any Contract Year subsequent to the Expiration Date, at least sixty (60) days prior to the expiration of the then-current Contract Year. The Initial Software Term combined with any Renewal Contract Year(s) is referred to herein as the “Software Term.” Banner Document Management Enterprise 4,5 1st day of the next month following the Execution Date The last day of the 60th month following the Beginning Date Included Open Text ApplicationXtender Test Package 1st day of the next month following the Execution Date The last day of the 60th month following the Beginning Date Included Banner Document Management Integration Component 4,5 1st day of the next month following the Execution Date The last day of the 60th month following the Beginning Date Included Banner SaaS ERP Essentials 5 (includes Banner Student, HR, Payroll, Finance, and Financial Aid, California State Reporting) 1st day of the next month following the Execution Date The last day of the 60th month following the Beginning Date Included Ellucian Elevate CE/WFD Pro Plus 1st day of the next month following the Execution Date The last day of the 60th month following the Beginning Date Include...
Software Term. The term “Software Term” means the term of authorized use of the Software and any Professional Service as set forth in an Order Form.
Software Term. Each Component Term will automatically renew for additional successive terms equal to the length of the initial Component Term or for the length of the renewal term set forth in Exhibit A, unless this Agreement is earlier terminated or either Party gives the other Party written notice of non- renewal with respect to such Component at least sixty (60) days prior to the expiration of the then- current term (each a "Renewal Term" and together with the Initial Term, the "Term").
Software Term. The period commencing on the Beginning Date and continuing until the Expiration Date (each as specified in this Order Form) is the “Initial Software Term.” Following the Initial Software Term (unless otherwise specified in the Documentation or this Order Form), Client’s license to access and use the Software will automatically renew for consecutive Contract Years on a year-to-year basis (each a “Renewal Contract Year”), unless either party notifies the other in writing of its intent not to effect such a renewal at least ninety (90) days prior to the Expiration Date, or, for any Contract Year subsequent to the Expiration Date, at least ninety (90) days prior to the expiration of the then-current Contract Year. The Initial Software Term combined with any Renewal Contract Year(s) is referred to herein as the “Software Term.” Ellucian CRM Advise SaaS 3 Contracted FTE: 11,999 1st day of the next month following the Execution Date June 30, 2024 Included Ellucian CRM Named Users • 120 Lite Named Users • 90 Standard Named Users • 10 Premium Named Users 1st day of the next month following the Execution Date June 30, 2024 Included On-Demand Training • 10 Named Users 1st day of the next month following the Execution Date June 30, 2024 Included 1 For a description of the product details and the terms of service, see ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇-▇▇▇-▇▇▇▇▇▇▇▇▇▇▇▇▇. 2 The term “Contract Year” means each period of twelve (12) months commencing on July 1 and ending June 30 during the Software Term. 3 Client owns a license to Ellucian CRM Advise on-premise Software. Ellucian CRM Advise SaaS includes transition maintenance services pursuant to the Transition Scenario identified in the Ellucian CRM Advise SaaS Product Specification Documentation.
Software Term. Unless terminated as provided in these T&Cs, the Software Term commences upon the Effective Date and continues with respect to each Subscription until the earlier of the following: (i) expiration of the applicable initial term specified in the Sales Order (the “Initial Term”) or any Renewal Term, after Customer’s timely delivery to Ford Pro of Notice of non-renewal, (ii) termination of the Software Term as specified in Section 3(c), (iii) cancellation by Customer of all Subscriptions specified in the Sales Order, as specified in Section 3(d), or (iv) discontinuation by Ford Pro of all Software under all of Customer’s Subscriptions, as specified in Section 3(d). THE INITIAL TERM SPECIFIED IN THE SALES ORDER SHALL BE A MONTHLY, YEARLY, THREE (3)-YEAR OR FIVE (5)- YEAR PERIOD. EACH SUBSCRIPTION SHALL AUTOMATICALLY RENEW FOR SUCCESSIVE ONE (1)-YEAR PERIODS (EACH, A “RENEWAL TERM”) AT THE SUBSCRIPTION FEE THEN APPLICABLE AT THE TIME OF SUCH AUTOMATIC RENEWAL, UNLESS CUSTOMER PROVIDES NOTICE TO FORD PRO OF ITS INTENTION NOT TO RENEW AT LEAST THIRTY (30) DAYS PRIOR TO THE EXPIRATION DATE OF THE THEN-CURRENT INITIAL TERM OR RENEWAL TERM, AS THE CASE MAY BE, OR OTHERWISE CANCELS THE SUBSCRIPTION AS PROVIDED IN SECTION 3(d).