Common use of Designated Country Clause in Contracts

Designated Country. Computer Networks Customer may only install and operate Licensed Products on computer systems and networks situated in the applicable Designated Country. Customer may, from time to time, change the Designated Country in which Customer seeks to install or operate a Licensed Product, provided that (i) in each case Customer shall give prior written notice to PTC of any such change, and (ii) upon transferring the Licensed Products to a different Designated Country, Customer shall pay the Uplift Fees, as well as any taxes, tariffs or duties that may be payable on such transfer.

Appears in 5 contracts

Samples: Customer Agreement for PTC Products, Customer Agreement for PTC Products, Customer Agreement for PTC Products

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