Subscription Licensing Model Sample Clauses
The Subscription Licensing Model clause defines the terms under which a customer is granted access to software or services on a recurring, time-limited basis, typically through periodic payments. This clause outlines the scope of use, duration of access, and renewal or termination conditions for the subscription, often specifying user limits or usage metrics. Its core practical function is to establish a clear framework for ongoing access and payment, ensuring both parties understand the rights and obligations associated with the subscription, and providing predictability for budgeting and service continuity.
Subscription Licensing Model. To the extent the licensing model is a subscription model, the terms in this 2.2 shall apply. This Agreement shall become effective on the latest at the Licensee’s receipt of the Software and shall remain in effect, subject to the terms and conditions set out below – in particular the right of IAR Systems to terminate the Agreement upon Licensee’s breach, until the first anniversary of the commencement date of this Agreement. At the end of that initial term, or any subsequent term thereof pursuant to a renewal under this Article, this Agreement shall be automatically renewed for successive periods of 12 months unless terminated by either of the Parties giving written notice to that effect to the other Party not later than 30 days prior to the expiry of the relevant term.
Subscription Licensing Model. To the extent the licensing model is a subscription model, the terms in this section 4.6 shall apply. Upon each and every breach by the Licensee hereunder a contractual penalty amounting to 200% for breach under sections 3.2, 3.3, 3.4, 3.5, 3.6, 3.8, 3.9, 3.14, 4.1, 4,3 or 4.4 and 1000% for breach under section 3.12 of an amount equal to the aggregate annual license fee for the software paid by the licensee for the past one-year period is payable by the Licensee to IAR Systems. In case IAR Systems’ actual damage due to the breach would exceed this amount, also the remainder shall be paid by the Licensee, see also section 3.12.
Subscription Licensing Model. To the extent the licensing model is a subscription model, the terms in this 4.5 shall apply. Upon each and every breach by the Licensee hereunder a contractual penalty amounting to 200% for breach under sections 3.2, 3.3, 3.4, 3.5, 3.6, 3.11, 4.1 or 4.3 and 1000% for breach under section 3.9 of an amount equal to the aggregate annual license fee for the software paid by the licensee for the past one-year period is payable by the Licensee to IAR Systems. In case IAR Systems’ actual damage due to the breach would exceed this amount, also the remainder shall be paid by the Licensee, see also Section 3.9.
Subscription Licensing Model. TO THE EXTENT THE LICENSING MODEL IS A SUBSCRIPTION MODEL, THE TERMS IN THIS SECTION 10.3 SHALL APPLY IAR SYSTEMS’ LIABILITY VIS-À-VIS THE LICENSEE UNDER THIS AGREEMENT SHALL UNDER ALL CIRCUMSTANCES BE LIMITED TO FIFTY (50) PER CENT OF AN AMOUNT EQUAL TO THE AGGREGATE ANNUAL LICENSE FEE PAID BY THE LICENSEE FOR THE PAST ONE-YEAR PERIOD, PROVIDED HOWEVER THAT IF SECTION 8 IS APPLICABLE THE TOTAL LIABILITY OF IAR SYSTEMS HEREUNDER MAY INSTEAD NEVER EXCEED 100% OF AN AMOUNT EQUAL TO THE AGGREGATE ANNUAL LICENSE FEE PAID BY THE LICENSEE FOR THE PAST ONE-YEAR PERIOD FOR SUCH SOFTWARE.
Subscription Licensing Model. To the extent the licensing model is a subscription model, the terms in this Section 6.5 shall apply.
6.5.1 Upon each and every breach by the Licensee hereunder a contractual penalty amounting to 200% for breach under Sections 3.3, 4, 4.2, 4.3, 4.4, 4.4.4, 5.2 or 5.3 and 1000% for breach under Section