Common use of For Annual Licenses Clause in Contracts

For Annual Licenses. Licensee understands and agrees that each Annual License will expire automatically immediately after its corresponding one (1) year period, unless Licensee renews its License by remitting the then-current annual License fee. Licensee understands that the Programs will stop operating unless Licensee pays the License fee and is provided new annual passcodes. Licensee understands and agrees that the Software Maintenance Service for each Annual License will terminate automatically upon expiration of the Annual License Term.

Appears in 2 contracts

Samples: License Agreement, Ecolego Software License

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For Annual Licenses. Licensee understands and agrees that each Annual License will expire automatically automatically/ immediately after its corresponding one (1) year period, unless Licensee renews its License by remitting the then-then current annual License fee. Licensee understands that the Programs will stop operating unless Licensee pays the License fee and is provided new annual passcodes. Licensee understands and agrees that the Software Maintenance Service for each Annual License will terminate automatically upon expiration of the Annual License Term.

Appears in 2 contracts

Samples: Exclusive License and Distribution Agreement, Exclusive License and Distribution Agreement (Geospatial Holdings, Inc.)

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For Annual Licenses. Licensee understands You understand and agrees agree that each Annual License will expire automatically immediately after its corresponding one (1) year period, unless Licensee renews its you renew your License by remitting the then-current annual License fee. Licensee understands You understand that the Programs Software will stop operating unless Licensee pays you pay the License fee and is are provided new annual passcodes. Licensee understands You understand and agrees agree that the Software Maintenance Service Support services for each Annual License will terminate automatically upon expiration of the Annual License Term.

Appears in 1 contract

Samples: End User License Agreement

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