Examples of Term of License in a sentence
This Agreement shall be valid for the Term of License as set forth in Section 2.3.
The Term of License begins on the Effective date and shall terminate at the end of First License Year.
Provided the Licensee fully complies with its obligations under this Agreement, the Licensor shall grant to the Licensee a non-exclusive, non-transferable, time-limited license pursuant to which the Licensee shall be allowed and use1 one production instance of the DataTile Platform preinstalled on the servers of the Licensor or in the cloud platforms in accordance with the capacities described in the Order confirmation during the Term of License.
During the Term of License, the Licensor shall continue to provide or cause to be provided Error rectification with respect to the DataTile Platform (“Technical support”).
The Term of License can be extended by mutual agreement for Subsequent License Year period at end of each License Year provided that Licensee duly pays all applicable License Fees under Section 3.