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Perpetual Irrevocable Nonexclusive User-Oriented Software License...

Montgomery Maryland Perpetual Irrevocable Nonexclusive User-Oriented Software License Agreement

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

Category:

Technology - Licenses

State:

Multi-State

County:

Montgomery

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 Montgomery Maryland 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.)

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.

Revocable or irrevocable Revocable licence agreements can be terminated by the licensor, irrevocable agreements cannot. However irrevocable agreements can still be terminated in certain circumstances, such as if there is a breach of the agreement.

Even software licenses described as perpetual can usually be terminated in specified circumstances (e.g., by the vendor if the customer fails to pay the license fee, or by the customer if the licensed software does not meet certain requirements).

'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.

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.

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.

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.

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Commvault is licensed under the End-User License Agreement (EULA), which grants customers a non-exclusive license to use the Software. Contractor an irrevocable, nonexclusive, worldwide, fully paid-up license.Out content in specially targeted discipline or subject areas and often have a hand in shaping the final product.

Montgomery Maryland Perpetual Irrevocable Nonexclusive User-Oriented Software License Agreement

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Can a perpetual software license be terminated?

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