Floating definition

Floating license means that access to the Software at any given moment will be limited to the maximum number of concurrent users for whom such licenses have been validly acquired under the Agreement and that use of the Software under such licenses is further restricted to a group of users that: (i) are part of the same functional team, and (ii) are geographically located on the same premises or site of the Customer for which the license was purchased, as designated on the LSDA for the purchase of such license(s).
Floating or “Concurrent User” license means that access to the PLM Software, at any given moment is limited to the maximum number of Authorized Users indicated on the Order. Unless specified otherwise in the Order, it may be used only by a single Authorized User.
Floating or “Concurrent User” license means that access to the Simcenter Software at any given moment is limited to the number of Authorized Users for whom Simcenter Software licenses have been acquired as per the Order.

Examples of Floating in a sentence

  • Floating Profit/Loss in a CFD shall mean current profit/loss on Open Positions calculated at the current Quotes (added any commissions or fees if applicable).

  • The following days shall be designated as excused holidays for all employees: NEW YEAR’S DAY COLUMBUS DAY XXXXXX XXXXXX XXXX’X BDAY ELECTION DAY PRESIDENT’S DAY VETERAN’S DAY MEMORIAL DAY THANKSGIVING DAY FOURTH OF JULY DAY AFTER THANKSGIVING LABOR DAY CHRISTMAS DAY A Floating Holiday is to be designated by the employee with the consent of the Sheriff.

  • Employees shall also receive two (2), eight (8) hour "Floating Holidays" which may be taken as a holiday on any day throughout the year at the election of the employee with the approval of the Police Chief.

  • Upon the date on which any Floating Rate Note or Long Maturity Note in definitive bearer form becomes due and repayable, unmatured Coupons and Talons (if any) relating thereto (whether or not attached) shall become void and no payment or, as the case may be, exchange for further Coupons shall be made in respect thereof.

  • This Note may be a Fixed Rate Note, a Floating Rate Note or a Zero Coupon Note, or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms.


More Definitions of Floating

Floating license means that access to the Tool Software at any given moment is limited to the maximum number of Authorized Users indicated on the Order.
Floating. Holidays Designated by employee each year, with approval of the Department Head Any date commonly observed, as designated by State, national authority, or the Port of Seattle may be observed as a holiday and paid for as such in lieu of the date designated above for the paid holidays listed.
Floating seasonal bonus days may be utilized in increments of one (1) hour.
Floating. Bus Driver
Floating license means a license that at any given moment is limited to the number of Authorized Users for whom EDA Software licenses have been acquired as per the Order.
Floating or “Concurrent User” license means that access to the MOM Software at any given moment is limited to the number of Authorized Users for whom MOM Software licenses have been acquired as per the Order.
Floating license means a license that at any given moment is limited to the maximum number of Authorized Users indicated on the Order. Unless specified otherwise in the Order, such license is limited to a single session by a single Authorized User at a time.