License Term definition

License Term means the duration of a License as specified in the Order.

License Term means the Software license term specified on the applicable Ordering Document or by an Authorized Partner. The License Term may be a fixed term, a limited term for Evaluation Versions, or perpetual.

License Term means in respect of each Site, the period for its license to be used by the Access Seeker commencing on the Commencement Date and as stipulated in the respective SLO.

Examples of License Term in a sentence

• Unless otherwise provided in the Quote (a) such Support & Maintenance Term for Perpetual Licenses will automatically renew for successive 1-year terms, unless a party provides written notice of its intent not to renew at least 90 days prior to the end of then-current Support & Maintenance Term; and (b) such Support & Maintenance Term for Recurring Licenses will be the same as the License Term.

• All copies of the Licensed Products, in whatever form provided by PTC or made by Customer, shall remain the property of PTC, and such copies shall be deemed to be on loan to Customer during the License Term.

• For Licenses purchased with a perpetual License Term, such credit shall be equal to the license fees paid by Customer for such Licensed Product depreciated on a straight-line, five year basis.

• If you have obtained a Paid License to either the Progress Telerik Test Studio Ultimate Product, Progress Telerik Test Studio Load Product, and/or have purchased additional Licenses to use the Progress Telerik Test Studio Virtual User Pack Product licenses, then your Authorized Users may use the Progress Telerik Test Studio Virtual User Pack Product solely in conjunction with the Test Studio Product for which you have also obtained such Paid License and solely for the duration of the License Term.

• If you purchase a Paid License you may install and your Authorized Users may use the applicable Test Studio Products Product Package (as applicable based on the Product(s) identified in the Order or included in the DevTools collection(s) identified in the Order) in executable, object code form on one machine and only for the duration of the License Term (as described below).The Test Studio Products are each licensed per machine.

More Definitions of License Term

License Term means the period of time during which Licensee is authorized to use Program(s) in accordance with the applicable license grant.

License Term means the duration of the license to use the Software, as stipulated in an Order.

License Term means the period of time starting with the LICENSE COMMENCEMENT DATE and ending with the LICENSE EXPIRATION DATE.

License Term has the meaning set forth in Section 3.1.

License Term means the cumulative period covered by the Development Period, the Certification Period, and the Marketing Period.

License Term means (A) the initial period of time (the “Initial Term”) (i) specified on the Purchase Order pursuant to which Customer agreed to lease the Licensed Material or (ii) to the extent no such initial period is specified on the Purchase Order, a one-year period of time, in each case commencing on the Effective Date and (B) all subsequent renewals and extensions thereof effected in accordance with the terms of this Agreement (each, a “Renewal Term”).

License Term has the meaning set forth in Section 2.