Examples of Licensing Period in a sentence
For the duration of the Licensing Period, the Provider shall provide the User with a guarantee of the functional and user parameters of the Software set out in the Technical Specification, and the Parties agree that this guarantee shall be applied exclusively in accordance with the procedure set out in Article 5.2 of this Agreement.
The user acknowledges that there may be temporary service interruptions of no more than 120 minutes when the system is updated and administered and/or 1 % of the total time in the Licensing Period.
This Agreement is concluded for a fixed term, for the Licence Term, and shall terminate exclusively as follows: by the expiration of the Licensing Period; by written agreement of the Parties; and/or by withdrawing from the Agreement in accordance with Article 9 of this Agreement.
In the event that the Service has not been available for at least 95% of the time during a given Licensing Period, the User is entitled to request in writing from the Provider a price reduction in the form of a refund of a proportionate part of the Licensing Fee already paid.
No later than 5 days before the expiration of the Licensing Period, the Provider shall send the User an offer for an agreement on the use of the Software for the next Licensing Period.