Examples of Licensor Technology in a sentence
Customer will promptly pay Licensor additional licence fees at Licensor’s then-current rates, and related finance charges as provided in Section 5(d), for any reproduction, installation, use or distribution of the Licensor Technology in excess of the rights conferred under the Licence.
If any Licensor Technology is in the opinion of Licensor likely to, or does, become the subject of a claim of infringement, Licensor may, at its sole option, procure for Customer the right to continue using the Licensor Technology, modify the affected Licensor Technology to become non-infringing, or replace it with non-infringing Licensor Technology.
Customer understands that the Licensor Technology and the information contained therein are subject to restrictions on export under the Export Administration Regulations of the U.S. Bureau of Export Administration, in addition to restrictions imposed by this Agreement.
If Licensor is not reasonably able to so modify or replace the Licensor Technology or otherwise secure for Customer the right to continue using the Licensor Technology, Licensor may terminate this Agreement and, upon return to it of all copies of the Licensed Software and Documentation licensed hereunder, refund to Customer the amount of the Licence Fee actually paid which relates pro-rata to the remaining period of the then-current term.
The Licensor Technology will be deemed accepted by Customer upon download.