Primary License Charge definition

Primary License Charge. (PLC) means the license fee paid by Licensee to Licensor for the use and license of the Software, in accordance with the provisions of this Agreement and attachments thereto, and as described in Section 6.1 hereunder.
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Primary License Charge. (PLC) means the license fee paid by Licensee to Licensor for the use and License of the Software, in accordance with the provisions of this Agreement and attachments thereto, and as described in Section 6.1 hereunder.
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Examples of Primary License Charge in a sentence

  • In consideration of the license to the Software being granted to Licensee hereunder by Licensor, Licensee agrees to pay to Licensor a Primary License Charge (or PLC) as stated in Schedule A or any subsequent schedule or purchase order entered into under the terms of this Agreement.

  • The applicable price PLC means Primary License Charge applicable to each license of a DS Offering ordered under the PLC/ALC pricing structure.

  • The Primary License Charge for any future Software that the parties mutually agree to add to this Agreement after the Effective Date shall be documented in a new Schedule to this Agreement or an amendment to this Schedule A executed in accordance with Section 19 (Amendment) or a purchase order entered into under this Agreement.

  • The parties acknowledge that the Licensee has already paid the one-time, non-refundable Primary License Charge (PLC) for all Software identified in this Schedule A as of the Effective Date.