License Termination Event definition

License Termination Event refers to any of an “Azul Brand Suspension Event,” “Azul Brand Termination Event,” and/or an “Other IP Termination Event.”

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License Termination Event means the occurrence of an event or circumstance by which the license granted to You under this Agreement will terminate immediately and without additional notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Software is uninstalled from the ATP Appliance; (2) the ATP Appliance is retired, removed from service, repurposed by adding additional/different software thereto not specifically permitted by the Documentation with respect to Custom Sandboxing, or the Hardware portion of the ATP Appliance is modified by You without permission of Trend Micro; (3) You terminate this Agreement at any time by notifying Trend Micro in writing; (4) either party terminates a Trial Use in accordance with Section 9; or (5) You fail to cure a breach of any of Your material obligations under this Agreement within thirty (30) days of receipt of notice from Trend Micro.

License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Company under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed;

Examples of License Termination Event in a sentence

A License Termination Event which relates solely to any given license shall not be grounds for terminating this Agreement in its entirety or terminating any other license for any other Antibacterial Product.
A License Termination Event occurs or a License Holder ceases to be a SPV.
In the event the Hardware is Repurposed by or on behalf of Ordering Activity, such action is a License Termination Event with respect to the Integrated Software and the license therefor will immediately terminate without notice and or credit of amounts paid with respect thereto.
The lapse of a purchased Speed License shall be an additional License Termination Event under these Appliance Differing Terms for the Integrated Software or Virtual Appliance for which the Speed License has lapsed and the applicable Product will not thereafter operate unless and until a new Speed License is obtained by the Ordering Activity.
Where an Appliance or Virtual Appliance requires a Speed License, the license for Integrated Software granted in Section 4.1 is further conditioned upon the purchase of such Speed License and the lapse of the Speed License shall be a License Termination Event under Section 7 of the Agreement for the Appliance or Virtual Appliance for which the Speed License has lapsed.
In the event of an Alcatel License Termination Event, under no circumstances shall Seller's exercise of the rights granted to it in Section 4.1, within the scope of rights granted, ever be construed as an infringement of Purchaser's or its Subsidiaries' Intellectual Property rights.
In the event the Hardware is Repurposed by or on behalf of Company, such action is a License Termination Event with respect to the Integrated Software and the license therefor will immediately terminate without notice and or credit of amounts paid with respect thereto.
Upon the occurrence of a License Termination Event pursuant to the terms of Section 3.1(b)(1) of the Purchase Agreement.

More Definitions of License Termination Event

License Termination Event has the meaning given to such term in Section 12.3(a).

License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Ordering Activity under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed; (4) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Ordering Activity without permission of Trend Micro; (5) the Test Period expires if applicable; or (6) either Party provides notice of termination of the Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.

License Termination Event means the expiration, termination or non-renewal of a License for any reason which, individually or together with the expiration, termination or non-renewal of any other License during the immediately preceding twelve (12) month period results in a Material Adverse Effect.

License Termination Event. ” means the occurrence of an event or circumstance by which the license for Integrated Software granted to Ordering Activity under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software (and/or any Trend Micro-provided Microsoft Component in the case of a Test) is uninstalled from the Appliance; (2) the Appliance, Integrated Software, or Microsoft Component (in the case of any Trend Micro-provided Microsoft Component in connection with a Test) is used for any purpose other than as permitted in the Documentation or the Agreement; (3) any additional/different software is installed on an Appliance other than as specifically permitted by the Documentation with respect to Custom Sandboxing; (4) the Hardware is retired, removed from service, or Repurposed; (5) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Ordering Activity without permission of Trend Micro or Dell; (6) the Test Period expires if applicable; or (7) either Party provides notice of termination of a Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.

License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Ordering Activity under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software (and/or any Trend Micro-provided Microsoft Component in the case of a Test) is uninstalled from the Appliance; (2) the Appliance, Integrated Software, or Microsoft Component (in the case of any Trend Micro-provided Microsoft Component in connection with a Test) is used for any purpose other than as permitted in the Documentation or the Agreement; (3) any additional/different software is installed on an Appliance other than as specifically permitted by the Documentation with respect to Custom Sandboxing; (4) the Hardware is retired, removed from service, or Repurposed; (5) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Ordering Activity without permission of Trend Micro or Dell; (6) the Test Period expires if applicable; or (7) either Party provides notice of termination of a Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.

License Termination Event means (A) a breach by Buyer of its payment obligations hereunder (a “Payment Default”), (B) a material breach of any of Buyer’s Fundamental Representations (defined below) or Sections 9.c.(i), 9.d. or 9.e. of the License Agreement or (C) a breach by Buyer of its obligations under that certain Letter Agreement Regarding Excess Inventory among Seller, RSE, ▇▇▇▇ ▇▇▇▇▇▇▇ and Buyer dated as of Closing (the “Excess Inventory Letter Agreement”); provided that, no License Termination Event shall be deemed to have occurred with regard to a Payment Default in which Buyer exercised its rights to set-off, at the time made, against the Purchase Consideration hereunder unless an arbitrator determines (in accordance with Section 15 hereof) that such set-off was not made in good faith by Buyer, and; provided further, that if at the time of any event described in subsections (A) or (B) of this Section 1.3(c)(1) that would otherwise constitute a “License Termination Event”, Seller has already received an aggregate of One Million Two Hundred Fifty Thousand Dollars ($1,250,000) of Purchase Consideration, but the ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Brand has not yet been sold, transferred, assigned and conveyed unto Buyer for any reason (i.e., the failure of the conditions stated in clauses (i) and (ii) of Section 1.3(a) above to be satisfied), then such event shall not constitute a License Termination Event for any purpose herein or with regard to the License Agreement.