Licensed Term has the meaning set forth in Schedule 2;
Licensed Term this Agreement shall remain effective for a term of one year commencing from the date of effectiveness (the “Initial Licensed Term”), and shall be extended automatically for another term of one year upon the expiration of the Initial Licensed Term subject to Party A’s consent, so on and so forth.
Examples of Licensed Term in a sentence
Unless the Customer notifies GreenOrbit in writing of its intent not to renew this Agreement at least 60 days prior to the expiry of the Licensed Term, the Licensed Term automatically extends by successive period of 12 months.
GreenOrbit grants the Customer a non- exclusive, non-transferable and limited license for the Customer and its Users to access and use the Licensed Software during the Licensed Term in accordance with this Agreement.
More Definitions of Licensed Term
Licensed Term means a period of five (5) years beginning on the Effective Date. [Additional definitions may be included, as needed based upon COMPANY’s business plan submitted to USDA pursuant to 35 U.S.C. 209(f)].
Licensed Term means five (5) years from [the effective date of this Agreement].
Licensed Term means six (6) months from the Effective Date of this Addendum or until the termination or expiration of the Agreement, whichever is earlier.
Licensed Term means the duration of this Agreement which shall be: the same as the duration of all patents, trademarks or other similar devices plus a period of five years following the expiration of Licensed Patents; or a period of then years following the final denial of a in a given country, as more appropriately specified below.
Licensed Term means the period of time for which the Parties have agreed to conduct business, as outlined in the Payment Schedule.
Licensed Term means the period starting upon Participating Dealer’s acceptance of the Terms and Conditions up to the earliest of: (i) Interlogix’s termination of the Program in its entirety or the termination of Participating Dealer’s participation in the Program, or (ii) the date on which Participating Dealer no longer markets or sells Qualifying Interlogix Products and Services that bear a Licensed Mark.
Licensed Term means the period commencing from January 29, 2003 to and ending on the date on which the License Agreement is terminated by the Software Owner and the Sub-licensor appropriately.