Common use of Term License Clause in Contracts

Term License. YOU may purchase a license to use the Software for a specific term (a “Term License”). Each Term License will expire automatically, immediately after the corresponding time period or term specified in the Order Confirmation expires, unless YOU renew the License by remitting the then-current term-based Fee prior to such expiry date. YOU shall immediately cease all use of the Software at the expiry of the term and permanently delete such Software from its CPU or server, as applicable. YOU understand that the Software may be programmed to stop operating at the expiration of the licensed term (by a programmed determination and not through external communication or intervention). The Elite Maintenance Program for each Term License, if any, will also terminate automatically upon expiration of the License Term.