Common use of Licence Metrics Clause in Contracts

Licence Metrics. All fees are based on the Licence Metrics purchased. Additional Licence Metrics and associated Support must be purchased and shall be invoiced to You in the event actual use exceeds the licensed quantity, at Our then-current fees. For the avoidance of doubt, We will xxxx You based on and You will be deemed to have purchased the higher of (i) the Licence Metrics set forth in the Order Form or (ii) actual usage (“Purchased Quantity”), regardless of submission or not of an Order Form. You may not decrease the Purchased Quantity during the Initial Term or any Renewal Term and there shall be no fee adjustments or refunds for any decreases in usage.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Licence Metrics. All fees are based on the Licence Metrics purchased. Additional Licence Metrics and associated Support must be purchased and shall be invoiced to You in the event actual use exceeds the licensed quantity, at Our then-current fees. For the avoidance of doubt, We will xxxx bill You based on and You will be deemed to have purchased the higher of (i) the Licence Metrics set forth in the Order Form or (ii) actual usage (“Purchased Quantity”), regardless of submission or not of an Order Form. You may not decrease the Purchased Quantity during the Initial Term or any Renewal Term and there shall be no fee adjustments or refunds for any decreases in usage.

Appears in 1 contract

Samples: Master Agreement

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