Examples of Base license in a sentence
If Licensee remains in the Licensed Area after the expiration or termination of this Agreement, Licensee shall pay Licensor, as liquidated damages and not as a penalty, an amount equal to 250% of the monthly Base License Fee payable during the last full calendar month of the Term hereof, prorated on a daily basis, for each day that Licensee remains in the Licensed Area.
During the term of this Agreement, Degama will establish for Customer two (2) Customer Environments: (a) a production environment, which may be used by Authorized Users for day-to-day live productive use of the DTMS Service; and (b) a testing or staging environment, which may be used by Authorized Users for non-production configuration and testing of DTMS Modules for which Customer has a valid and subsisting Base License.