Examples of Extended Term License in a sentence
Except as expressly stated otherwise herein, the Third Extended Term License Fee shall be subject to all the same terms and conditions as the License Fee.
Licensee covenants and agrees to pay the Extended Term License Fee without offset or deduction to Licensor at Licensor’s address written above, or at such other address as Licensor shall from time to time designate in writing.
The "net Extended Term License Plan Charge" is the published list Extended Term License Plan Charge less discounts and exchange credits and excludes taxes, delivery, installation, and service charges.
The Extended Term License Fee shall be subject to a four percent (4%) increase upon each anniversary of the Extended Term Commencement Date, as shown on Schedule A attached to this Sixth Amendment (which shall replace the existing Schedule A).
Except as expressly stated otherwise herein, the Second Extended Term License Fee shall be subject to all the same terms and conditions as the License Fee.
Section 3(a) of the License Agreement is hereby modified by adding the following new paragraph to the end of the Section: Effective the Third Extended Term Commencement Date, Licensee shall pay Licensor a monthly license fee of $375,926.70 (“Third Extended Term License Fee”), as shown on Schedule A attached hereto.
Section 3 of the License Agreement is hereby modified by adding the following new paragraphs to the end of the Section: Effective June 15, 2022, Licensee shall pay Licensor a monthly license fee of $388,305.09 (“Second Extended Term License Fee”).
With the recent addition of the Extended Term License, SPLA partners can license select Microsoft products for up to three years as a single license purchase, rather than monthly, and receive a 12 percent savings.
Section 3(e) of the License Agreement is hereby modified by adding the following new paragraph to the end of the Section: Licensee shall pay to Licensor, immediately upon executing this Third Amendment, an amount equal to the Extended Term License Fee for the last month of the Extended Term ($375,926.70) (“Last Month Fee”).
The Second Extended Term License Fee shall be subject to a three-and one-half percent (3.5%) increase effective June 1, 2023.