Common use of Delivery and validity of the License Clause in Contracts

Delivery and validity of the License. Delivery of the Software Product is deemed complete upon the electronic issue and remittance of the License keys that enable the Licensee to use the Software Product for the subscribed configuration. The License is deemed valid as of the date of electronic remittance of Licensee’s first password is transmitted electronically. Said date will be used for calculating the annual renewal of the License. By exception to the above rules, Licensor shall be entitled not to renew a renewable License or to terminate the maintenance (Service Level Agreement) for a Paid-Up License, where an imperative regulation limits the right to export such products in the Country of Licensee.

Delivery and validity of the License. ‌ Delivery of the Software Product is deemed complete upon the electronic issue and remittance of the License keys that enable the Licensee to use the Software Product for the subscribed configuration. The License is deemed valid as of the date of electronic remittance of Licensee’s first password is transmitted electronically. Said date will be used for calculating the annual renewal of the License. By exception to the above rules, Licensor shall be entitled not to renew a renewable License or to terminate the maintenance (Service Level Agreement) for a Paid-Up License, where an imperative regulation limits the right to export such products in the Country of Licensee.