Extended Term License definition

Extended Term License means a license of the Software that extends indefinitely. Perpetual Licenses do not include Maintenance Services.
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Extended Term License means a license of Software that is not limited in term, but, subject to the terms of this Addendum and applicable Sales Agreement, extends indefinitely. Unless a license of Software is specified as a Subscription, a Rental License or another type of Limited Term License in this Addendum, the Product Specific Terms, or a separate contract between the parties and the Software is embedded in the Product (as identified in the applicable Sales Agreement) as delivered, then the license of Software is deemed to be a Perpetual License. Perpetual Licenses do not include Maintenance Services or professional services which must be purchased separately.
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Examples of Extended Term License in a sentence

  • The purpose of this Memorandum of Understanding ('MoU') is to set out the framework that Social Care and Social Work Improvement Scotland ('the Care Inspectorate') and the Nursing and Midwifery Council ('the NMC') have agreed for co-operation and collaboration.

  • Section 3(a) of the License Agreement is hereby modified by adding the following new paragraph to the end of the Section: Effective the Third Extended Term Commencement Date, Licensee shall pay Licensor a monthly license fee of $375,926.70 (“Third Extended Term License Fee”), as shown on Schedule A attached hereto.

  • With the recent addition of the Extended Term License, SPLA partners can license select Microsoft products for up to three years as a single license purchase, rather than monthly, and receive a 12 percent savings.

  • Except as expressly stated otherwise herein, the Second Extended Term License Fee shall be subject to all the same terms and conditions as the License Fee.

  • Except as expressly stated otherwise herein, the Third Extended Term License Fee shall be subject to all the same terms and conditions as the License Fee.

  • The Extended Term License Fee shall be subject to a four percent (4%) increase upon each anniversary of the Extended Term Commencement Date, as shown on Schedule A attached to this Sixth Amendment (which shall replace the existing Schedule A).

  • The Second Extended Term License Fee shall be subject to a three-and one-half percent (3.5%) increase effective June 1, 2023.

  • Section 3(e) of the License Agreement is hereby modified by adding the following new paragraph to the end of the Section: Licensee shall pay to Licensor, immediately upon executing this Third Amendment, an amount equal to the Extended Term License Fee for the last month of the Extended Term ($375,926.70) (“Last Month Fee”).

  • Section 3 of the License Agreement is hereby modified by adding the following new paragraphs to the end of the Section: Effective June 15, 2022, Licensee shall pay Licensor a monthly license fee of $388,305.09 (“Second Extended Term License Fee”).

Related to Extended Term License

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension. When such extension is made, Forest Service shall make an appraisal using standard Forest Service methods and appraisal data in effect 45 days prior to the original Termination Date. Bid Premium Rates shall be added to such appraised rates to establish Flat Rates or Tentative Rates for the extension period. In event rates so established would develop Current Contract Value immediately prior to such an extension that is less than Current Contract Value at that time, Flat Rates and Tentative Rates in effect immediately prior to extension shall be retained for the extension period. In consideration for granting an extension, Purchaser shall pay the Government for Purchaser’s failure to cut and remove timber meeting Utilization Standards prior to Contract Term Extension, an amount that shall be the total of the costs to the Government resulting from the delay in harvest of Included Timber. Such costs will be determined by Forest Service and shall include, but not be limited to, the following:

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

  • Extended Terms shall have the meaning given such term in Section 2.4.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • End of Term Extension means the time period defined in §2.D.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Licence Term means the Initial Term plus any Further Term; Licensee means You and/or the Permitted Users;

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Exclusive License has the meaning set forth in Section 3.1.

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • License Term means the duration of a License as specified in the Order.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Technology License Agreement means the agreement in the form of Exhibit H hereto.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Disabled parking license plate means a license plate that displays the international symbol of access