Common use of Maintenance Term Clause in Contracts

Maintenance Term. The Maintenance Term is the period of time during which Licensee is entitled to Updates and Support as described in Articles 7 and 8. Fixed Term Licenses always include maintenance in the Fixed Term Fee, so the Maintenance Term is the same as the Term: it starts on the Effective Date and continues until the license is terminated. For Perpetual Licenses, the Maintenance Term starts on the Effective Date and lasts through every paid Maintenance Period until Licensee chooses to terminate maintenance pursuant to Section 4.3 or the license itself is otherwise terminated. If the Maintenance Period is listed as DECLINED, no maintenance is included and the Licensee is treated as having immediately terminated maintenance per Section 4.3.

Appears in 3 contracts

Samples: Technology License Agreement, Oem Technology License Agreement, Technology License Agreement

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Maintenance Term. The Maintenance Term is the period of time during which Licensee is entitled to Updates and Support as described in Articles 7 and 8. Fixed Term Licenses always include maintenance in the Fixed Term Fee, so the Maintenance Term is the same as the Term: it starts on the Effective Date and continues until the license is terminated. For Perpetual Licenses, the Maintenance Term starts on the Effective Date and lasts through every paid Maintenance Period until Licensee chooses to terminate maintenance pursuant to Section 4.3 or the license itself is otherwise terminated. If the Maintenance Period is listed as DECLINED, no maintenance is included and the Licensee is treated as having immediately terminated maintenance per Section 4.3.

Appears in 1 contract

Samples: Oem Technology License Agreement

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