Common use of Termination of the Licence Clause in Contracts

Termination of the Licence. 1 In the event of any infringement of the provisions of this Licence by the Licensee, such as infringement by the Licensee of the Licensor’s rights in the Software, in particular in the case of use of the Software above and beyond the rights of use stated in section 3, or in the event of default in payment on the part of the Licensee, the Licensor shall be entitled to terminate this Licence with immediate effect after the expiry without result of a 10-day grace period, set in writing, for restoration of the lawful circumstances. In this case, any outstanding claims for remuneration on the part of the Licensor shall become due immediately, and shall be settled by the Licensee within 10 days. Any payments already made by the Licensee shall be forfeited and shall remain the property the Licensor.

Appears in 5 contracts

Samples: Training and Research Licence, Development License Agreement, Runtime Licence

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