Examples of Licensed Term in a sentence
This paragraph shall survive expiration or termination of the Licensed Term.
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.
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.
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.
Licensee may install and utilize during the Licensed Term that number of copies of the Licensed Software specified for the purpose of or in connection to Threat Hunting and Response for use in Licensee’s own operations and in conjunction with other services provided by Pondurance in accordance with the MSA.