Common use of Term and Terminations Clause in Contracts

Term and Terminations. Subject to the limitations herein, the licenses granted under this Agreement shall be perpetual unless (i) you fail to pay any required fee; (ii) otherwise fail to comply with any of the terms and conditions of the Agreement; or (iii) fail to comply with the terms and conditions set forth above in Section 8 for activating the individual Licensed Software as part of a Subscription, in which case the license shall terminate immediately, and without additional prior notice, provided, however, that copies of the run-time component of the Licensed Software that are part of the Application(s) licensed to third parties may be retained by such licensed third parties in accordance with this Agreement. Upon termination or expiration of this Agreement, you shall return the original and all copies, complete or partial, of the Licensed Software to /N SOFTWARE, and shall not access such media for the purpose of recovering any of the Licensed Software from any copies that may exist with respect to media containing regular backups of your computer or computer system. The provisions of this Agreement that require or contemplate performance after the expiration or termination of this Agreement shall be enforceable notwithstanding such expiration or termination.

Appears in 5 contracts

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

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.