Update Period definition

Update Period means, with respect to each Seat issued in connection with this Agreement, a period of one (1) year from the first date of issuance to Licensee of the Authorization Codes for such Seat.
Update Period means the shorter of (i) the eighteen (18) month period following the Installation Date or (ii) the period from the Installation Date through the date that the last Update is received by Customer prior to written notice from Customer that Customer no longer desires to receive Updates. Notwithstanding the definition of Update set forth in this Agreement, solely for the purpose of determining the Update Period, neither Developments nor enhancements for messaging, modules or programs required to support Europay MasterCard Visa chip-based cards shall be considered Updates.
Update Period has the meaning given to such term in Section 5(a) of this Agreement.

Examples of Update Period in a sentence

  • Within our framework, this dimension includes three leaf goals related to the polling mechanism and illustrated on Figure 3: the Update Period to update the frequency of a given polling, the Align Polling to launch concurrent pollings at the same time, and the Disalign Polling to process pollings according to a given offset.The gathering dimension deals with goals focusing on the manner of getting/exchanging information.

  • During the Systems Update Period, the Administrative Agent will be permitted to oversee such physical inventory counts as it deems appropriate in its Permitted Discretion and the Borrowers shall be responsible for all reasonable expenses incurred in connection therewith.

  • The Parties agree that these Update Period filings are not a clause-like proceeding and shall not be a vehicle for a “rate case” type inquiry into the operations, investments, and finances of the company, and that annual amount of revenue to be recovered through the CETM shall not be changed except as specified in this Paragraph 5.

  • While the company shall have sole discretion as to the timing of the tax true-up process, it agrees to incorporate such overall rate of return true-up proposal into the Update Period true-up, to the extent it is feasible.

  • If your Update Period expires and is not renewed, you will no longer be able to install and use Updates, but you will still be able to use your then-current version of the Software.


More Definitions of Update Period

Update Period means the period of the Software upgrade and maintenance plan selected with the purchase of a perpetual License.
Update Period is defined in Section 6.18.
Update Period has the meaning given to it in Section 4.3.
Update Period is defined in Section 7.10.
Update Period shall have the meaning specified in Section 5.9. Where any group or category of items or matters is defined collectively in the plural number, any item or matter within such definition may be referred to using such defined term in the singular number.
Update Period has the meaning set forth in Section 7.3.
Update Period means, in relation to a Construction Period and/or Draft Plan, the corresponding “Update Period” specified in Appendix B; and