Common use of License Term and Termination Clause in Contracts

License Term and Termination. Unless otherwise specified, any license granted is perpetual, provided however that if Customer fails to comply with the terms of this Agreement, Licensor may terminate the license upon written notice. Immediately upon termination, or in the case of a limited- term license, upon expiration, Licensee will either destroy all copies of the software in its posession, or return them to Licensor, or give the Licensor access to the SAP environment where they were installed to be able to uninstall them, except that Licensee may retain one copy of licensed software in its posession for archival purposes only.

Appears in 2 contracts

Samples: Cloud Application License Agreement, Cloud Application License Agreement

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License Term and Termination. Unless otherwise specified, any license granted is perpetual, provided however that if Customer fails to comply with the terms of this Agreement, Licensor may terminate the license upon written notice. Immediately upon termination, or in the case of a limited- limited-term license, upon expiration, Licensee will either destroy all copies of the software in its posession, or return them to Licensor, or give the Licensor access to the SAP environment where they were installed to be able to uninstall them, except that Licensee may retain one copy of licensed software in its posession for archival purposes only.

Appears in 2 contracts

Samples: Cloud Application License Agreement, Licensing Agreement

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