Initial Licence Term definition

Initial Licence Term means a period of 12 months commencing on the Effective Date. Intellectual Property Rights: patents, rights to inventions, copyright and related rights, trademarks and service marks, business names and domain names, rights in get-up, goodwill and the right to xxx for passing off or unfair competition, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets) and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.

Initial Licence Term the licence term set out in the Agreement Details Intellectual Property Rights: patents, utility models, rights to inventions, copyright and neighbouring and related rights, moral rights, trademarks and service marks, business names and domain names, rights in get-up and trade dress goodwill and the right to xxx for passing off, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets), and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world. Licence Term: the Initial Licence Term or a Renewal Period Services: the services supplied by Elecosoft to the Client as set out in the Service Specification.

Initial Licence Term means the initial term of this Agreement, as specified in the Commercial Terms.

Examples of Initial Licence Term in a sentence

• Extended Licence Term: means the 12 month period at the end of the Initial Licence Term and at the end of each subsequent Extended Licence Term.

• The Licence Term shall commence on the Go-Live Date and, unless otherwise terminated as provided for in this Clause 12, shall continue for the Initial Licence Term and shall automatically extend for the Extended Licence Term at the end of the Initial Licence Term and at the end of each Extended Licence Term.

• After the Initial Licence Term the annual 3% increase to the Licence Fees will apply.

• Any exemption from the annual 3% increase to the Licence Fees that is available to the Customer as a result of the Customer paying by Direct Debit, is only available during the Initial Licence Term.

• Licence Term: means the Initial Licence Term or, if Agreement has been automatically extended pursuant to Clause 12, the Extended Licence Term as the context requires.

• Initial Licence Term: means the period commencing on the Go-Live Date and, unless terminated in accordance with Clause 12, continuing for three years.

• Licence Term: means the Initial Licence Term or, if Agreement has been automatically extended pursuant to Clause 12, the Extended Licence Term as the context requires.Module Licence: means the rights to use specific system functionality if not included within standard User Licence Fee e.g. Actus Comply or Actus 360 Normal Business Hours: 9.00 am to 5.30 pm local time in London on a Business Day.

• The total number of User Licences agreed at the Start Date and made available to the Authorised Users of the Customer from the Go Live date for the duration of the Initial Licence Term are as set out in the Agreement.

• Should the Customer wish to take advantage of additional Actus Software functionality or modules during the Initial Licence Term or subsequent Licence Terms, these can be provided and charged for at an agreed rate.

• These Terms and Conditions shall, unless otherwise terminated as provided in this clause 12, commence on the Start Date and shall continue until the end of the Initial Licence Term and thereafter, a new Licence Term shall commence for a further 3 years when agreed.

More Definitions of Initial Licence Term

Initial Licence Term means a period of 12 months commencing on the Effective Date. Intellectual Property Rights: patents, rights to inventions, copyright and related rights, trademarks and service marks, business names and domain names, rights in get-up, goodwill and the right to sue for passing off or unfair competition, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets) and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.

Initial Licence Term means any fixed term for access to and use of Gridcoginition that may be agreed between the Customer and the Company in the Commercial Terms.

Initial Licence Term means the period commencing on the Effective Date and expiring after the period of time identified on the Order Form as the ‘Initial Licence Term’.

Initial Licence Term shall have the meaning given to that term in the Proposal;

Initial Licence Term has the meaning ascribed to this term under the sub-section headed “The Aquascutum Trademark Licence Agreement – Initial Licence Term” of this announcement “Licence Term” the Initial Licence Term (subject to the Licensee Renewal Option)

Initial Licence Term means the period defined in the Service Order commencing on the Start Date;