What are term licenses?

Term License means a license or access provided for use of a Product for a limited time period ("Term") or on a subscription or transaction basis.

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Perpetual Irrevocable Nonexclusive User-Oriented Software License...

Hillsborough Florida Perpetual Irrevocable Nonexclusive User-Oriented Software License Agreement

Name: Hillsborough Florida Perpetual Irrevocable Nonexclusive User-Oriented Software License Agreement
Brand: US Legal Forms
Rating: 4.64 (380 reviews)

Category:

Technology - Licenses

State:

Multi-State

County:

Hillsborough

Control #:

US-DB0708AM

Format:

Instant download

Description

This sample form, a detailed User-Oriented Software License Agreement document, is adaptable for use the software industry and related fields. Tailor to fit your circumstances. Available in Word format.

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How to fill out Hillsborough Florida Perpetual Irrevocable Nonexclusive User-Oriented Software License Agreement?

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FAQ

With a perpetual license, any time you add a new user, you have to purchase an additional license. (Whereas, with a subscription-based license, you will usually get a certain number of users per license, and can then add or subtract, a la carte, as needed.)

If a product has a perpetual license it means that the customer owns the product and the product license does not expire.

In way, subscriptions look a lot like term licenses, and they basically are. A common differentiation between the two is that subscriptions include the right to use the software, maintenance and support, whereas term licenses are really only for the right to use the software.

Essentially, a perpetual license is the term used to describe the traditional method of purchasing software you pay for the license upfront, and you have the right to use the software indefinitely.

The terms irrevocable and perpetual mean different things. A perpetual license is one that has no given end. An irrevocable license cannot be cut short. Either a perpetual license or a license with a stated term can be either revocable or irrevocable.

Perpetual license is that subscription software is priced on a yearly or monthly basis and is an ongoing subscription. A perpetual plan license, on the other hand, is paid up-front in one, big lump sum. Then, you will typically pay a yearly maintenance fee which covers upgrades and support.

Term License means a license or access provided for use of a Product for a limited time period ("Term") or on a subscription or transaction basis.

A perpetual license allows end users to use the software for as long as the end user complies with all terms of the license agreement. A term license allows the end user to use the software for a specified license term so long as the end user complies with all the terms of the license agreement.

'irrevocable' licences: clarify whether this means that the licence cannot be revoked or terminated under any circumstances in perpetuity or that the licence cannot be revoked, other than subject to the term and termination provisions elsewhere in the agreement.

Subscription software (Software as a Service) is priced on a monthly or annual basis and is an on-going subscription. A perpetual software license is purchased up front, in a large, lump sum and allows the organization to use the software indefinitely.

Hillsborough Florida Perpetual Irrevocable Nonexclusive User-Oriented Software License Agreement

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