License Commencement Date definition
Examples of License Commencement Date in a sentence
Under the subscription service model, commencing upon the License Commencement Date the Customer receives an annual subscription license for the number of years set forth on the quotation (“Subscription License Term”), and the maintenance and support set forth in Schedule 9-A affixed to this Exhibit for the entire Subscription License Term for one annual fee.
On or prior to the License Commencement Date, Licensee shall execute and deliver to Port the "Nondiscrimination in Contracts and Benefits" form approved by the CMD.
Philips shall have the right to commence billing on the earlier of (i) License Commencement Date or (ii) expiration of the Required Installation Commencement Period, the later only to extent installation of an EOI Solution on a Customer Provided Hardware has not started.
BCV may terminate this Agreement at any time on or after the second anniversary of the Commercialization License Commencement Date for any or no reason upon sixty (60) days prior written notice to Senesco.
Licensee will pay City one percent (1%) (the “Revenue Percentage”) of Gross Revenues for a calendar quarter, remitted within forty five (45) days of the end of each calendar quarter, commencing on the License Commencement Date.