Common use of Floating Licenses Clause in Contracts

Floating Licenses. Subject to the terms and conditions of this License, SOFT GOLD grants to you, if you are an individual, or, if you are an entity, a designated number of Users a nonexclusive, and limited license to store, install, run, serve licenses from the network server and use the software, get access to it or to handle it otherwise. You may use the software only in the way specified in the License Agreement. The license includes the conditions for use of the program which don’t presuppose exclusive rights to use and expand the software. You may install the Software on as many computers connected to the designated network as required. One (1) floating license permits one concurrent use of the Software. A designated number of Users may borrow a Floating License from the license server for a specified period of time provided that this reduces the number of licenses available to other users in the designated network until the licenses are returned. All rights not specifically granted to you herein are retained by Soft Gold.