Common use of Term and Subscription Licenses Clause in Contracts

Term and Subscription Licenses. If the Order specifies that your license to the Product(s) is a term or subscription license, then, unless otherwise specified in the Order, your license to the Products will not auto renew and the term of this XXXX and your license to the Product(s) hereunder will expire on the expiration date stated in the Order unless sooner terminated in accordance with the terms of this XXXX. For the duration of the Term or Subscription license (as applicable) you will be further subject to the license terms of the appropriate license model for the Product (e.g., CPU, Core, Server/Machine, etc.) designated in the Order. Upon completion of the term or subscription (as applicable) the Product(s) may automatically timeout or cease to function. Upon completion of the term or subscription (as applicable), all of your license rights in and to the Products will terminate and you must satisfy the requirements in section 1.15.2 (Effect of Termination).

Appears in 3 contracts

Samples: License Agreement, End User License Agreement, End User License Agreement

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Term and Subscription Licenses. If the Order specifies that your license to the Product(s) is a term or subscription license, then, unless otherwise specified in the Order, your license to the Products will not auto renew and the term of this XXXX and your license to the Product(s) hereunder will expire on the expiration date stated in the Order unless sooner terminated in accordance with the terms of this XXXX. For the duration of the Term or Subscription license (as applicable) you will be further subject to the license terms of the appropriate license model for the Product (e.g., CPU, Core, Server/Server/ Machine, etc.) designated in the Order. Upon completion of the term or subscription (as applicable) the Product(s) may automatically timeout or cease to function. Upon completion of the term or subscription (as applicable), all of your license rights in and to the Products will terminate and you must satisfy the requirements in section 1.15.2 (Effect of Termination).

Appears in 1 contract

Samples: End User License Agreement

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