Common use of Licensing Model Clause in Contracts

Licensing Model. Software offered by Versa for production or commercial application employs no programmatic license enforcement. It is Your responsibility to both provide Your usage level to Versa, and purchase sufficient License Metric units to meet Your Software usage. Versa reserves the right to verify Proof of Entitlement and corresponding Software usage as defined in Section 10 (Recordkeeping and Audits).

Licensing Model. Software offered by Versa for production or commercial application employs no programmatic license enforcement. It is Your responsibility to both provide Your usage level to Versa, and purchase sufficient License Metric units to meet Your Software usageusage and select that in the License Manager application of V.Director. Versa also expects You to report your license usage in periods defined in your contract, Versa reserves the right to verify Proof of Entitlement and corresponding Software usage as defined in Section 10 8 (Recordkeeping and Audits).

Licensing Model. Software offered by Versa for production or commercial application employs no programmatic license enforcement. It is Your responsibility to both provide Your usage level to Versa, and purchase sufficient License Metric units to meet Your Software usageusage and select that in the License Manager application of V.Director. Versa also expects You to report your license usage in periods defined in your contract, Versa reserves the right to verify Proof of Entitlement and corresponding Software usage as defined in Section 10 (Recordkeeping and Audits).