Licensed Term definition

Licensed Term means the term of the license set out in the Proposal;

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Licensed Term has the meaning set forth in Schedule 2;

Licensed Term this Agreement shall remain effective for a term of one year commencing from the date of effectiveness (the “Initial Licensed Term”), and shall be extended automatically for another term of one year upon the expiration of the Initial Licensed Term subject to Party A’s consent, so on and so forth.

Examples of Licensed Term in a sentence

This paragraph shall survive expiration or termination of the Licensed Term.
Unless the Customer notifies GreenOrbit in writing of its intent not to renew this Agreement at least 60 days prior to the expiry of the Licensed Term, the Licensed Term automatically extends by successive period of 12 months.
GreenOrbit grants the Customer a non- exclusive, non-transferable and limited license for the Customer and its Users to access and use the Licensed Software during the Licensed Term in accordance with this Agreement.
If the Licensed Term is automatically extended as defined in Paragraph 1, each Licensor will be entitled to an additional warrant for an additional 10,000 shares of common stock exercisable at the fair market value of the common stock at the time of issuance of said additional warrant, and otherwise using the same terms as defined above.
This ▇▇▇▇ shall terminate after the period of the subscription or Licensed Term has lapsed.

More Definitions of Licensed Term

Licensed Term means a period of five (5) years beginning on the Effective Date.

Licensed Term means five (5) years from [the effective date of this Agreement].

Licensed Term means the period of time for which the Parties have agreed to conduct business, as outlined in the Payment Schedule.

Licensed Term means the duration of this Agreement which shall be: the same as the duration of all patents, trademarks or other similar devices plus a period of five years following the expiration of Licensed Patents; or a period of then years following the final denial of a in a given country, as more appropriately specified below.

Licensed Term means the period described in the applicable Purchasing Agreement for the Licensed Product.

Licensed Term means the period of five (5) years from the effective date of this Agreement.

Licensed Term means six (6) months from the Effective Date of this Addendum or until the termination or expiration of the Agreement, whichever is earlier.