Perpetual Licence definition
Examples of Perpetual Licence in a sentence
Perpetual Licence Software Locks have a one year expiry that are annually updated at no cost.
Rental Price = R + NL R = Number of months times 10% of the Purchase Price of the Perpetual Licence Price.
Monthly Rental Conditions: • Rental of additional Local or Network Licences are priced based on the price difference between the Licensee’s Perpetual Licence and the value of the Perpetual + Rental Licences.
Perpetual Purchase from Rental: If at the end of the rental period the Rental Licence is purchased as a Perpetual Licence, 50% (ex taxes) of the consecutively accrued rental fees (maximum of 6 months) of R in the Rental Price formula are deducted from the purchase price.
Note: • Rental of additional Local or Network Licences are priced based on the price difference between the Licensee’s Perpetual Licence and the value of the Perpetual + Rental Licences.