Common use of Duration of License Clause in Contracts

Duration of License. 2.1 In the event of an open-ended End-User License Agreement, the effective date is the date on which the End-User License Agreement was signed, unless otherwise specified. In the event of a fixed-term End-User License Agreement, the effective date is specified in the License itself. 2.2 Unless otherwise agreed, the fixed-term End-User License Agreement is automatically renewed upon expiration of the period of validity for an equivalent period of time, unless terminated by one of the Parties by Certified Mail or by Registered Letter with acknowledgement of receipt, with prior notice: ● of at least 60 days before the expiration date in the event of the Client being the withdrawing Party; ● of at least 180 days before the expiration date in the event of the Manufacturer/Retailer being the withdrawing Party. 2.3 The Manufacturer/Retailer has the right, at any time, to withdraw from the Contract with prior notice of at least 180 days prior to the effective date, regardless of the reasons. 2.4 Within 30 days from termination of the fixed-term End-User License Agreement, the Customer undertakes to destroy or give back the original copy of the Program, as well as any full or partial copy thereof in any form, including translations, compilations, full and partial copies in the form of amendments, derivative works and updates, or incorporated into other programs. 2.5 The Customer may be required to submit a written confirmation that the obligations set out in Article 2.4. have been fulfilled.

Appears in 5 contracts

Samples: End User License Agreement (Eula), End User License Agreement (Eula), End User License Agreement (Eula)

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