Common use of Software as a Service Clause in Contracts

Software as a Service. If an Order provides Customer with a right to access and use Software installed on equipment hosted by Provider or its suppliers (“SaaS Software”), the License for such SaaS Software shall be granted for the duration of the term stated in the Order (the “SaaS Term”), as such SaaS Term may be extended by automatic or agreed upon renewals. If any item of On-Premises Software to be installed on Customer’s equipment is provided in connection with SaaS Software, the License duration for such Software shall be for the corresponding SaaS Term, and Customer shall promptly install any updates to such Software as may be provided by Provider. “SaaS Environment” means the systems to which Customer is provided access in connection with its use of the SaaS Software.

Appears in 5 contracts

Samples: Software Transaction Agreement, Software Transaction Agreement, Software Transaction Agreement

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