Hosted Licensed Property definition

Hosted Licensed Property means the Licensed Property that is hosted on the storage of the Cloud Storage Provider and for which AvePoint provides the SaaS Services.
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Hosted Licensed Property means the Licensed Property that is hosted on the storage of the Cloud Storage Provider and for which AvePoint provides the SaaS Services. 1.6 “SaaS Services” shall mean AvePoint providing Hosted Licensed Property by means of SaaS services so that Customer may access the Hosted Licensed Property via the internet, along with certain support services, as specified in the Agreement and its Amendments. 1.7 “Service Credit” shall mean the percentage of the total fees actually paid by Customer for the specific SaaS Services that are applied to the month (i.e., 1/12 of the annual fees owed by Customer to AvePoint for the specific SaaS Services) in which a Service Credit is owed. If Customer purchased SaaS Services as part of a suite or other single offer, the applicable monthly fees and Service Credit for each SaaS Service will be pro-rated.
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Examples of Hosted Licensed Property in a sentence

  • Upon the termination of the Licence for a specific Hosted Licensed Property, Customer Data will be preserved for fifteen (15) days (the "Retention Period") and made available to Customer within a commercially reasonable timeframe.

  • AvePoint shall make the functionality of the Hosted Licensed Property available to Customer pursuant to this Agreement and shall use commercially reasonable efforts to make the SaaS Services available at the gateway between the public internet and the network of the Cloud Services Provider, except for: (i) scheduled Downtime (of which AvePoint shall, to the extent practicable, schedule so as not to adversely affect Customer's business); and (ii) as set forth in the Agreement and herein.

  • AvePoint will use the most recent Product Release (as defined in Section 1.4 of the Support Addendum) of the Hosted Licensed Property to provide the SaaS Services.

  • Customer grants AvePoint and its Affiliates a worldwide, perpetual, irrevocable, royalty-free licence to use and incorporate into the Hosted Licensed Property any suggestion, enhancement request, recommendation, correction or other feedback provided by Customer related to the operation of the Hosted Licensed Property.

  • If there is a geographic region indicated on the applicable Order or the website where Customer registers for the Hosted Licensed Property, the Customer Data and all operations will reside and execute from the geographic region's data centre.

  • AvePoint shall make the SaaS Services available to the Customer for the term of the Subscription Licence that was purchased by Customer for the Hosted Licensed Property.

  • All Customer Data passing through Hosted Licensed Property is stored by AvePoint in a Customer-selected data centre.

  • If Customer purchases a new Licence for the same Hosted Licensed Property prior to the end of the Retention Period, Customer Data shall remain available to Customer.

  • Notwithstanding the foregoing, if the Parties determine that the Hosted Licensed Property had an uptime of less than ninety-nine percent (99.0%) (resulting in a Downtime of more than 7 hours and 18 minutes) in a specific month, the Customer shall, as an exclusive remedy, be entitled to a Service Credit of twenty percent (20%) of the fees applicable for that specific month.

  • AvePoint warrants that the Hosted Licensed Property shall have an uptime of not less than 99.5% per month (resulting in a Downtime of not more than 3 hours and 39 minutes per month) (the "SLA").

Related to Hosted Licensed Property

  • Licensed Property means the portion of the Software and the Documentation to which Customer has purchased a License as identified on an applicable Order. Licensed Property shall include any updates or upgrades to the Licensed Property that AvePoint may at its discretion deliver to Customer.

  • Licensed Intellectual Property means all Intellectual Property in which the Company holds any rights or interests granted by other Persons, including Seller or any of its Affiliates.

  • Licensed Know-How means any and all unpatented and/or non-patentable technical data, documents, materials, samples and other information and know‐how that is Controlled by LICENSOR or any of its Affiliates as of the Effective Date or thereafter during the Term that relates to, or is otherwise reasonably necessary or reasonably useful for, the use, Development, manufacture, or Commercialization of the Product. Licensed Know-How shall not include Licensed Patents.

  • Permitted Licenses are (A) licenses of over-the-counter software that is commercially available to the public, and (B) non-exclusive and exclusive licenses for the use of the Intellectual Property of Borrower or any of its Subsidiaries entered into in the ordinary course of business, provided, that, with respect to each such license described in clause (B), (i) no Event of Default has occurred or is continuing at the time of such license; (ii) the license constitutes an arms-length transaction, the terms of which, on their face, do not provide for a sale or assignment of any Intellectual Property and do not restrict the ability of Borrower or any of its Subsidiaries, as applicable, to pledge, grant a security interest in or lien on, or assign or otherwise Transfer any Intellectual Property; (iii) in the case of any exclusive license, (x) Borrower delivers ten (10) days’ prior written notice and a brief summary of the terms of the proposed license to Collateral Agent and the Lenders and delivers to Collateral Agent and the Lenders copies of the final executed licensing documents in connection with the exclusive license promptly upon consummation thereof, and (y) any such license could not result in a legal transfer of title of the licensed property but may be exclusive in respects other than territory and may be exclusive as to territory only as to discrete geographical areas outside of the United States; and (iv) all upfront payments, royalties, milestone payments or other proceeds arising from the licensing agreement that are payable to Borrower or any of its Subsidiaries are paid to a Deposit Account that is governed by a Control Agreement.

  • Licensed Space means the indoor and outdoor space on the premises approved by the department for the purpose of providing licensed child care.

  • Project Intellectual Property means any Intellectual Property created under, or otherwise in connection with the Project.

  • Intellectual Property Assets means all Intellectual Property that is owned by Seller and used in or necessary for the conduct of the Business as currently conducted.