Common use of Restrictions on Use relating to Permitted Users Clause in Contracts

Restrictions on Use relating to Permitted Users. The number of Permitted Users accessing or operating a Licensed Product at any point in time may not exceed the number of Licenses in effect at such time for that particular Licensed Product. Only Permitted Users located in the Designated Country may access, operate and/or use the Licensed Products. Permitted Users who are not employees of Customer shall use the Licensed Products on Customer’s site only. Only Permitted Users may access or operate the Licensed Products. Customer shall not and shall not permit any third party to: (i) modify or create any derivative work of any part of the Licensed Products; (ii) rent, lease, or loan the Licensed Products; (iii) Use the Licensed Products, or permit them to be used, for third-party training, commercial time-sharing or service bureau use;

Appears in 4 contracts

Samples: Customer Agreement for PTC Products, Customer Agreement for PTC Products, Customer Agreement for PTC Products

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