Examples of Active licensee in a sentence
In any event, such Patent Rights shall no longer be covered by this Agreement with respect to the ceasing Active Licensee from the date such Active Licensee informs MI of its cessation of payments.
Thereafter, Licensee may continue its status as an Active licensee for each subsequent year by providing Prosci with at least thirty (30) days written notice via email in advance of the applicable anniversary of the Effective Date and upon providing such timely written notice, Licensee agrees to pay the Active Licensee Fee for the applicable annual period after receiving Prosci’s invoice for such Active Licensee at the beginning of such annual period.
For the avoidance of doubt, in the event that Licensee chooses to discontinue its status as an Active Licensee, the license grant in Section 2.2.1 will remain unaffected unless Licensee’s Active Licensee status is terminated by Prosci for a material breach as described in Section 8.2.
If Licensee elects to have Prosci host any Electronic Resources, and Product Updates thereto, on Prosci servers past the Fourth anniversary of the Effective Date, Licensee must pay the Active Licensee Fee at that time.
License Fees and all Active Licensee Fees are non-refundable except as expressly set forth herein.