Initial Licence Period means the period of twelve years from and including the Commencement Date or, if shorter, the period from and including the Commencement Date until such date as the Licence is revoked in accordance with these Conditions;

Initial Licence Period means the initial licence period set out in the Order Form.

Initial Licence Period has the meaning given in Condition 24(a).

Examples of Initial Licence Period in a sentence

If the Company does not receive the Software Licence Fee for the applicable Renewal Licence Period by the date of expiry of the Initial Licence Period or then current Renewal Licence Period (as applicable), the Company reserves the right, at its discretion, to terminate the licence granted under this Condition 24(a).Upon termination of the licence granted under this Condition24(a), the Company shall have the right, at its sole discretion, to deactivate the Purchaser’s access to and use of the Software.
Upon expiry of the Initial Licence Period and each Renewal Licence Period, the licence granted under this Condition 24(a) shall continue for a subsequent Renewal Licence Period unless either party has given at least 60 days’ notice in writing to terminate the licence granted under this Condition 24(a), such notice to expire at the end of the Initial Licence Period or then current Renewal Licence Period (as applicable).

More Definitions of Initial Licence Period

Initial Licence Period has the meaning given to it in Clause 2.4.

Initial Licence Period means the period specified as such in the Order Confirmation and commencing on the Effective Date.

Initial Licence Period means, if applicable, the period specified as such in the Particulars;

Initial Licence Period means the period set out in the Order Form being 36 months unless otherwise mutually agreed; Initial Support Fee: means the fee payable for Support and Maintenance during the Initial Support Period as set out in the Order Form; Initial Support Period: means the period set out in the Order Form which shall be a minimum of 36 months from the Order Commencement Date unless otherwise mutually agreed;

Initial Licence Period. , in relation to a licence, means the period for which the licence has effect after the commencement day excluding any period for which it is renewed under the Act;

Initial Licence Period in relation to any Licence, the relevant period from the relevant Licence Commencement Date specified as the 'Initial Licence Period' in the Use Terms;

Initial Licence Period means the desired term of licence in relation to the Licensed Hash Power stipulated in a CMS Order.