Common use of Termination by Licensee for Convenience Clause in Contracts

Termination by Licensee for Convenience. Licensee may terminate this license and cease paying the Annual Fee by providing written notice to Insecure. Such termination will take effect on the Annual Fee due date following the termination notice, or when the current paid-up Annual Fee period ends, whichever is later. After such a termination becomes effective, Licensee is no longer entitled to redistribute Npcap OEM or use any updates made available after termination. Rights already granted to existing end user customers are unaffected per Section 5.6. No refunds of previously paid Annual Fees are provided upon termination, but those license and support rights continue for their original duration and no further payments will be due.

Appears in 7 contracts

Samples: Oem Technology License Agreement, Oem Technology License Agreement, Oem Technology License Agreement

AutoNDA by SimpleDocs

Termination by Licensee for Convenience. Licensee may terminate this license and cease paying the Annual Fee by providing written notice to Insecure. Such termination will take effect on the Annual Fee due date following the termination notice, or when the current paid-up Annual Fee period ends, whichever is later. After such a termination becomes effective, Licensee is no longer entitled to redistribute Npcap OEM Nmap Technology or use any updates made available after termination. Rights already granted to existing end user customers are unaffected per Section 5.64.6. No refunds of previously paid Annual Fees are provided upon termination, but those license and support rights continue for their original duration and no further payments will be due.

Appears in 1 contract

Samples: Technology License Agreement

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