Token License definition

Token License means a licensing methodology where Customer’s usage of Software on a computer networked to a licensed server is determined by the number of unused Tokens available to Customer. Customer will be permitted to use an instance of Software on a computer networked to a licensed server if Customer has a sufficient number of unused Tokens (with the requisite Token amount for such Software set forth in the Transaction Document). When a Customer uses an instance of Software, the Tokens required for such use will be deemed used and unavailable for further usage until Customer exits such instance of Software. Once Customer exits such instance of Software, the previously used Tokens will be deemed available again for further use. A Token License may permit Customer to use multiple Software offerings (or multiple Software instances) concurrently if Customer has sufficient Tokens. All Token Licenses will require Customer to obtain a License File for the licensed server and to install such License File on the designated licensed server, which licensed server will only permit Customer’s computers connected to such server to access the Software in accordance with the Token License requirements and in accordance with any other requirements or restrictions set forth in the Transaction Document. For illustrative purposes, if Customer purchased seventy (70) Tokens and Software A requires twenty (20) Tokens per instance, Software B requires fifty (50) Tokens per instance, and Software C requires seventy (70) Tokens per instance, then Customer could (a) use three (3) concurrent instances of Software A (and sixty (60) Tokens would be deemed used with ten (10) Tokens still available for use), (b) use one (1) instance of Software A and one (1) instance of Software B (and seventy (70) Tokens would be deemed used with zero (0) Tokens still available for use), or (c) use one (1) instance of Software C (and seventy (70) Tokens would be deemed used with zero (0) Tokens still available for use). For the avoidance of doubt, once the Customer in this example exits an instance of used Software, then the previously used Token amount is deemed available for Customer’s further use (e.g., if Customer exited one (1) instance of Software A, twenty (20) Tokens would become available for further use). 2.5 “令牌许可证”指一种客户在与许可服务器联网的计算机上对软件的使用由客户可用的未使用令牌的数量决定的许可方法。如果客户有足够数量的未使用令牌(交易文件中规定了此类软件所需的令牌数量),则允许客户在与许可服务器联网的计算机上使用软件实例。当客户使用某一软件实例时,在客户退出该软件实例之前,该使用所需的令牌将被视为已使用且无法继续使用。客户退出该软件实例后,先前已使用的令牌将被视为可继续使用。如...

Examples of Token License in a sentence

  • The term for a Fixed Term License, Token License, IBM Software Subscription and Support, Selected Support or Appliance Services automatically renews at then current charges, unless Client provides written notice of termination prior to expiration of the term.

  • Under a Token License the Customer may permit access to Licensed Programs on multiple computers and devices, however the activated tokens are valid for the user on one device at a time during the validation period.

  • The license set out in Clause 2.1 above is granted either as a Single User License, a Multiuser License, a Server License or a Token License, as specified in the Agreement.

  • The U.S Government Customer may renew its expiring Fixed Term License, Token License, IBM Software Subscription and Support, Selected Support, or Appliance Service by providing IBM with a fully funded Delivery Order for the subsequent Term prior to the expiration of the term.

  • The Client may renew its expiring Fixed Term License, Token License, IBM Software Subscription and Support, Selected Support, or Appliance Service by providing IBM with a fully funded Delivery Order for the subsequent Term prior to the expiration of the term.