Common use of Selection and Use Clause in Contracts

Selection and Use. For one time charge perpetual licence Software, a perpetual licence will be granted to Client by the licensor. In consideration of IGF’s payment of the Software Licence fee, Client agrees to make the Payments to IGF. The terms and conditions relating to Software shall be governed by the Software Licence, except for the right of use, which, by IGF’s agreement with the licensor, will be provided by IGF to Client for the Initial Term of the Lease. After making all Payments, continued use of the Software shall be provided under the terms of the Software Licence. It is a condition of Client’s use of the Software that Client shall comply with the terms of the Software Licence and this Agreement. If IGF becomes aware that Client is not complying with the terms and conditions governing the use of the Software, IGF may terminate Client’s right to use the Software and require return of the Software, together with any supporting documentation.

Appears in 8 contracts

Samples: Master Financing Agreement, Master Financing Agreement, Master Financing Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!