Individual Licenses Clause Samples
The 'Individual Licenses' clause defines the terms under which a single person is granted permission to use a product, service, or intellectual property. Typically, this clause specifies that the license is non-transferable and applies only to the named individual, often restricting sharing or use by others within an organization. By clearly outlining these boundaries, the clause ensures that usage rights are limited to authorized users, thereby protecting the licensor’s interests and preventing unauthorized distribution or access.
Individual Licenses. Except for Enterprise Licenses (6.2(i)(b)), the Client/Server Licenses (6.2(iii)(a)), Bundled Sales (6.2(i)(b)), and OEM Licenses (6.2(iii)(b)), Adobe shall pay a royalty to ESPS equal to one dollar and fifty cents ($1.50) for every copy of Acrobat sold that contains the PDFPress Client Software. For purposes of this Agreement, the sale of a copy of Acrobat shall occur on the date of shipment of the copy of Acrobat by Adobe.
Individual Licenses. There are no licenses required of individuals which are necessary to the conduct of the Borrower's Business as presently conducted.