Common use of Definitions Clause in Contracts

Definitions. In this Agreement, the following terms, which are capitalized, shall have the respective meanings set forth below if they are not defined elsewhere. 1.1 “Activation date” means the date from which the relevant Software Product is made available to the Customer, as specified in a Quote and is, in the reasonable opinion of Nextlane, capable of operational use or performance by the Customer. 1.2 “Agreement” means the documents as referred to in Section 2.1, and any amendments made pursuant to Section 17.7, this list being limitative. 1.3 “Affiliates” means any corporation or other entity that controls, is controlled by, or is under common control with a Party. A corporation or other entity will be deemed to control another if it owns or controls more than fifty percent (50%) of the voting stock or other ownership interest in the corporation or entity. 1.4 “Analytic Data” means non-identifiable, aggregated data processed by the Software Product and/or anonymized information regarding Nextlane customers’ use of Software Product (excluding always personal data). 1.5 “Applicable Laws” mean the laws, rules, regulations, and other binding requirements of a relevant government authority that apply to or govern Nextlane or Customer, including governing law (Section 17.15), Data Protection Laws, antibribery and export control laws. 1.6 “Authorized User(s)” means Customer’s employees or contractors duly authorized by Customer to use the Software Product in accordance with the Agreement. 1.7 “Business Day” means working days of the week where the Services are provided by Nextlane to Customer, as specified in the Territory Specific Terms. 1.8 “Charges” means the price agreed between the Parties in consideration of the right to use the Software Product(s) and/or Services, as further described in a Quote. 1.9 “Claim of Infringement”: any claim made by a third party against the Customer alleging that the