Licensing Period definition

Licensing Period means the Initial Licensing Period or any Subsequent Licensing Period, as the context shall require;

Licensing Period means the period of validity of licences issued in accordance with this Treaty.

Licensing Period means the calendar year and all licenses granted under this section shall expire on the last day of the calendar year following their issuance.

Examples of Licensing Period in a sentence

• For the duration of the Licensing Period, the Provider shall provide the User with a guarantee of the functional and user parameters of the Software set out in the Technical Specification, and the Parties agree that this guarantee shall be applied exclusively in accordance with the procedure set out in Article 5.2 of this Agreement.

• The user acknowledges that there may be temporary service interruptions of no more than 120 minutes when the system is updated and administered and/or 1 % of the total time in the Licensing Period.

• The Provider shall not increase the Licence Fee and the Service Fee during the current Licensing Period.

• In the event that the Service has not been available for at least 95% of the time during a given Licensing Period, the User is entitled to request in writing from the Provider a price reduction in the form of a refund of a proportionate part of the Licensing Fee already paid.

• In the event that neither Party provides written rejection of prolongation clause according to this Article 8.3 at least one calendar month prior to the end of the current Licensing Period, this Agreement shall automatically renew for an additional Licensing Period of 1 year.

More Definitions of Licensing Period

Licensing Period means the first day of March to the last day of February of the next succeeding year.

Licensing Period means the time during which an industrial hemp grower, handler, CBD distributor and/or CBD retailer License is valid. Licenses are issued for two-year terms (grower/handler) and one-year terms (CBD distributor/CBD retailer).

Licensing Period means the period of one year beginning July 1 and ending June 30.

Licensing Period means the time during which an industrial hemp license is valid. Licenses are issued for two-year terms.

Licensing Period means the period commencing on the effective date of this Agreement and ending on 31 December
of the year in which this Contract takes effect; with the exemption of the first Licensing Period, which means the period from 1st January 2023 to 31st December 2023, as follows from clause 2.5 of this Agreement;

Licensing Period means the [two year, five year, etc] period following Go-Live.

Licensing Period means the period that begins on January 1 in any year and ends on December 31 of the same year;