Perpetual License definition
Examples of Perpetual License in a sentence
Delinea reserves the right to refuse to provide Technical Support and Maintenance for the Customer Managed Software in accordance with the Contract Disputes Act in the event Customer fails to (i) provide Delinea with the report within fifteen (15) business days of its request; or (ii) pay to Delinea the applicable Subscription Fee or Perpetual License Fee (as the case may be) for additional copies deployed.
If the Order specifies a Perpetual License, the Test Studio Product Paid License granted to you in section 4.D.2.1 is perpetual and shall last as long as you use the Test Studio Product in compliance with the terms of this ▇▇▇▇.
If the report reveals that Customer has deployed a number of copies of the Customer Managed Software in excess of its subscription or purchased Perpetual Use Licenses, Delinea will invoice Customer and Customer shall promptly pay to Delinea the Subscription Fee or Perpetual License Fee (as the case may be) for all such additional copies deployed at Delinea’s current list price or at such other price as the parties may agree to in writing.
The material contemplated under this Agreement shall be granted to You as a Perpetual License.
Upon any such termination of Perpetual Use Licenses, provided that Customer returns the applicable Customer Managed Software to Delinea or certifies its destruction, Delinea shall refund a pro-rated portion of the Perpetual License Fee paid for such Perpetual Use Licenses, depreciated on a five-year straight-line basis, and the unused portion of any prepaid Maintenance Fees that directly relate to such Perpetual Use Licenses for the year in which such remedy is exercised.