Common use of Licence Term (Initial Purchase Clause in Contracts

Licence Term (Initial Purchase. The Licence Term is defined by the length of service stated in the purchase order for the product ordered that was submitted to either an IRIS Connect Partner or directly to IRIS Connect, starting from the time of delivery of the hardware or creation of the Organisation Administrator Account on the IRIS Connect Platform, whichever, is later.

Licence Term (Initial Purchase. The Licence Term is defined by the length of service stated in the purchase order for the product ordered that was submitted to either an IRIS Connect Partner or directly to IRIS Connect, starting from the time of delivery of the hardware or creation of the Organisation Organization Administrator Account on the IRIS Connect Platform, whichever, is later.