Perpetual Period definition
Perpetual Period means a license granted for Standalone Software that extends for an indefinite period of time, subject to earlier termination in accordance herewith. For the avoidance of doubt, Standalone Software licensed for a Perpetual Period never includes a payment for, or a right to receive without additional fees or compensation, Maintenance for the entire Perpetual Period.
Perpetual Period means a license granted hereunder which, subject to earlier termination in accordance herewith, extends for an indefinite period of time with respect to Customer-Installed Software only if such Perpetual Period is offered by Trend Micro therefor and designated in purchase order as being “Perpetual.” For the avoidance of doubt, Cloud Services and Cloud Services portions of Program-Based Services may never be provided or licensed for a Perpetual Period hereunder, it being understood and agreed that each of the foregoing are always licensed for a Subscription Period only.
Perpetual Period means a license granted hereunder which, subject to earlier termination in accordance herewith, extends for an indefinite period of time with respect to Software only if such Perpetual Period is offered by Trend Micro therefor and designated in any purchase order as being “Perpetual” and accepted by Trend Micro. For the avoidance of doubt, Cloud Services and Cloud Services portions of Software may never be provided or licensed for a Perpetual Period hereunder, it being understood and agreed that each of the foregoing are always licensed for a Subscription Period only.
Examples of Perpetual Period in a sentence
Trend Micro warrants to Company that on the initial Delivery Date and for a period of 30 days thereafter, Software provided for a Perpetual Period will substantially conform to its Documentation.
However, Software licensed for a Perpetual Period includes Maintenance only for a period of 1 year from Delivery.
Products licensed for a (i) Subscription Period shall remain in effect until the term of such Subscription Period expires, and (ii) Perpetual Period shall continue to be licensed indefinitely hereunder in each case unless earlier terminated or suspended in accordance with this Agreement.