Term License definition
Examples of Term License in a sentence
Following the end of the initial Term for any Subscription, Term License, or Cloud Service, the Term will automatically renew continuously for the same length as the initial Term unless either party gives written notice at least 60 days prior to the end of the initial or any renewal Term of its intention to terminate.
This License Option may be granted as a Term License or as a Perpetual License.
For Perpetual and Term License Types, unless otherwise expressly stated by us in the Order, first year annual maintenance and support (if offered by us) is required for the Product and starts on the date the Product is delivered.
USPS shall pro-rate the Initial Term License Fee if the Term commences after October 1.
In the event Subscriber fails to pay Term License Fees, ▇▇▇▇▇▇▇ may, in addition to exercising any rights provided in Section 6.2 of Bentley’s General Terms and Conditions, i) take technical measures aimed at restricting Subscriber’s capacity to engage in Excess Use and/or ii) discontinue Subscriber’s grant of the right to pooled licensing pursuant to Section 4.1 above of these SELECT Program Terms.