Fluctuation of licence quantities under Lease Sample Clauses

Fluctuation of licence quantities under Lease. This Clause applies only to those Software Products listed in the Licensing Portal for which the licence quantity may be fluctuated and specifically does not apply to those Software Products charged annual in advance. At any time during the Lease Period, Lessee may increase the number of licences of the leased Software Product for which the licence quantity may be fluctuated. At any time during the Lease Period, Lessee may reduce the number of licences of the leased Software Product for which the licence quantity may be fluctuated before the first of the month, but may not reduce the number of licences of the leased Software Product below one licence. For increase or reduction in the number of licences of the leased Software Product to be effective, Lessor must receive either written notice of the increase or reduction of the number of licences of the leased Software Product, or Lessee must increase or reduce the number of licences of the leased Software Product by using the Licensing Portal. In the event Lessee increases or reduces the number of licences of the leased Software Product for which the licence quantity may be fluctuated during the Lease Period then the monthly lease charges shall be adjusted using the prices in Lessee account shown and maintained on the Licensing Portal, said information which is incorporated by reference. A full month’s lease charge will be charged for any partial month’s utilisation.
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Related to Fluctuation of licence quantities under Lease

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