Term License Clause Samples
A Term License clause defines the duration for which a licensee is granted rights to use certain intellectual property or software. Typically, this clause specifies a fixed period—such as one year or three years—during which the license is valid, after which the rights automatically expire unless renewed. By clearly establishing the timeframe of permitted use, the clause helps both parties manage expectations and obligations, and prevents unauthorized use beyond the agreed term.
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Term License. YOU may purchase a license to use the Software for a specific term (a “Term License”). Each Term License will expire automatically, immediately after the corresponding time period or term specified in the Order Confirmation expires, unless YOU renew the License by remitting the then-current term-based Fee prior to such expiry date. YOU shall immediately cease all use of the Software at the expiry of the term and permanently delete such Software from its CPU or server, as applicable. YOU understand that the Software may be programmed to stop operating at the expiration of the licensed term (by a programmed determination and not through external communication or intervention). The Elite Maintenance Program for each Term License, if any, will also terminate automatically upon expiration of the License Term.
Term License. The External License Programs acquired under this Order Form as of the Effective Date shall be a Term License under the conditions set forth in this Section. The phrase "Term License" shall mean a Program license which shall be valid from the Effective Date until April 30, 2004 (the "Term License Period"). Customer's right to use such External License Programs shall expire and terminate on April 30, 2004. Upon termination of the Term License, Customer shall destroy any copies of such External License Programs, unless Customer and Oracle have entered into a renewal of such license or separate agreement allowing otherwise. This requirement applies to all copies in all forms, partial and complete, and whether or not modified and merged into other materials.
Term License. Utimaco grants Customer a non-exclusive right for a limited period of time as set forth in the contract with the Customer to use the Software, including the documentation, to the agreed extent necessary for the proper execution of the contract, e.g. the number of licenses of the version or release of the Software on the number of computer systems or network servers indicated in the applicable contract documentation, subject to the terms set forth in this ▇▇▇▇ and any specific software licensing information that is in the Software or its Supporting Material. The Customer is not entitled to provide the copy of the Software or any back up copy that may have been made to any third party. Clause 2(3) below shall not apply.
Term License. If the Order specifies that Licensee’s license to the Product(s) is/are for a term (“Term”), then the term of this Agreement and Licensee’s license to the Product(s) hereunder shall expire on the expiration date stated in the Order unless sooner terminated in accordance with Section 8 of the Agreement. Upon completion of the Term, Licensee shall return all Product(s) licensed under the Order and associated documentation and related information (including all copies) to Progress, or certify its destruction in a writing delivered to Progress. All license rights in and to the Product(s) licensed under the terms of the Agreement shall terminate at the end of the Term.
Term License. The Programs ordered under this Order Form and licensed As Power Units are valid for 2 (#) years from the Effective Date ("Term") unless otherwise terminated under the Agreement. Upon expiration of the Term Customer shall cease using the Programs and return or destroy all copies in accordance with the terms and conditions of the Agreement. Thank you for your interest in Oracle. If you have any questions please contact Edwa▇▇ ▇▇▇, your Oracle Sales Representative, at at (650) ▇▇▇-▇▇▇▇. Customer and Oracle agree that the terms and pricing of this Order Form shall not be disclosed without prior written consent of the other party. This Quote is valid through October 26, 1999 and shall become binding upon execution by Customer and acceptance by Oracle. This Quote includes the Price List Definitions attachment. XCARENET ORACLE CORPORATION Signature: /s/ PETE▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Signature: ------------------------ ------------------------ Name: Pete▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Name: ------------------------ ------------------------ Title: SR. V.P. FINANCE & CFO Title: ------------------------ ------------------------ Date: October 25, 1999 ------------------------ ORACLE PRICE LIST DEFINITIONS
Term License. HPE grants Customer a license to use the applicable NonStop Software on a Designated System for the term specified on the Order (the “Term”). A “Term License Charge” or “TLC” will be invoiced upon shipment. Upon expiration of the Term, the license will renew on a monthly basis subject to payment by Customer of the applicable Monthly License Charge unless Customer otherwise advises HPE. The initial Term will begin the first day of the second month following the shipment date of applicable NonStop Software. NonStop Software added to a Designated System on a term basis during an Existing Term will be coterminous with the expiration date of the Existing Term and the corresponding TLC will be pro-rated for the remainder of the Existing Term.
Term License. If a term license is specified in the Order, the Order Term shall be the number of months or years set forth in the Order.
Term License. A Term License is automatically terminated in accordance with the End-User License Agreement upon the expiration of the license period, unless it’s renewed by the Licensee prior to that. The Licensor reserves the right to increase the License Fee of the Term License upon renewal. Notwithstanding this, any price increase shall take effect sixty (60) days after its announcement. The license period of the Term License shall start upon activation of the Activation Key.
Term License. Subject to all the terms and conditions of this Agreement, LLamasoft hereby grants to Customer a nonexclusive, nontransferable, nonsublicensable license during the specified term of your license (the “Term”) to use the Product solely for its own internal business purposes and in accordance with the other restrictions set forth herein. All references to the “Product” in this Agreement include any maintenance patches, new releases or new versions provided to Customer by LLamasoft. The Product may only be copied as may be necessary for backup purposes or to replace a defective copy. If Customer is unable to operate the Product on the computer equipment due to an equipment malfunction, then the Product may be transferred temporarily to other computer equipment during the period of equipment malfunction.
Term License. CyFIR's annual technical support and maintenance services (Support) is included with the license purchase.