License Term definition

License Term means the period of time during which Licensee is authorized to use Program(s) in accordance with the applicable license grant.
License Term means the duration of a License as specified in the Order.
License Term means the period of time starting with the LICENSE COMMENCEMENT DATE and ending with the LICENSE EXPIRATION DATE.

Examples of License Term in a sentence

Subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee a perpetual, worldwide, exclusive, sub-licensable right and license to make, have made, use, sell, offer for sale and import products and provide services under the Licensed Intellectual Property throughout the License Term for the sole purpose of commercializing products and/or services in any and all commercial markets.

The proposed license agreement provides that, if any of the license areas are returned to the City prior to the end of the License Term, the City will refund the applicant the portion of the license fee already paid to the City.

The proposed license agreement provides that, if any of the parking spaces in the license area are returned to the City prior to the end of the License Term, the City will refund the applicant the portion of the license fee already paid to the City.

This Agreement may be terminated prior to the end of the License Term upon the mutual written consent of Licensor and Licensee.


More Definitions of License Term

License Term means the cumulative period covered by the Development Period, the Certification Period, and the Marketing Period.
License Term means in respect of each Site, the period for its license to be used by the Access Seeker commencing on the Commencement Date and as stipulated in the respective SLO.
License Term means the period of time by which your use of Software and/or Service is licensed, as described in your Entitlement.
License Term means the time period during which the License shall be in effect as specified in the applicable Quote (subject to earlier termination pursuant to the terms hereof) or, if no Quote was provided to Customer, as otherwise communicated by PTC to Customer. The License term for evaluation Licenses is typically no longer than thirty, sixty or ninety days, and the Evaluation License will cease to be operational after such term expires.
License Term means, with respect to any particular Equipment, a period that commences on the Applicable Commencement Date for such Equipment and ends on the Applicable Termination Date for such Equipment.
License Term means the period stated in the license during which the license remains in force unless otherwise revoked.
License Term means the earlier of the duration of the license for Products and Services as stated in the Sales Order, or any shorter term arising from a termination or expiration of this Agreement.