Subscription Licensing Model. To the extent the licensing model is a subscription model, the terms in this 2.2 shall apply. This Agreement shall become effective on the latest at the Licensee’s receipt of the Software and shall remain in effect, subject to the terms and conditions set out below – in particular the right of IAR Systems to terminate the Agreement upon Licensee’s breach, until the first anniversary of the commencement date of this Agreement. At the end of that initial term, or any subsequent term thereof pursuant to a renewal under this Article, this Agreement shall be automatically renewed for successive periods of 12 months unless terminated by either of the Parties giving written notice to that effect to the other Party not later than 30 days prior to the expiry of the relevant term.
Appears in 7 contracts
Samples: Software License Agreement, Software License Agreement, Software License Agreement
