Common use of GRANT OF LICENSE AND LIMITATIONS Clause in Contracts

GRANT OF LICENSE AND LIMITATIONS. In consideration of the license subscription fee and subject to the terms, conditions and limitations set forth in this ▇▇▇▇ the limitations set forth in the License File, License Certificate and any Order Form, ▇▇▇▇▇▇▇▇▇ Electric grants to Licensee a nonexclusive license to use, execute and display a single instance of the components of the Software specified in the License File, License Certificate or Order Form for which the license fee has been paid solely for Licensee’s operations at the location specified in the License File, License Certificate or Order Form. The term of this ▇▇▇▇, including the license to use the Consignment System herein granted, shall commence on the Effective Date and terminate on the date as defined on the License File unless terminated by Licensee or ▇▇▇▇▇▇▇▇▇ Electric under Section 11 (“Termination”) of the ▇▇▇▇. Thereafter, this ▇▇▇▇ may be renewed only by both parties signing and delivering to the other a new ▇▇▇▇ substantially in the form of this ▇▇▇▇. The Software is licensed to Licensee, not sold.”

GRANT OF LICENSE AND LIMITATIONS. In consideration of the license subscription fee and subject to the terms, conditions and limitations set forth in this ▇▇▇▇ the limitations set forth in the License File, License Certificate and any Order Form, ▇▇▇▇▇▇▇▇▇ Electric AVEVA grants to Licensee a nonexclusive license to use, execute and display a single instance of the components of the Software specified in the License File, License Certificate or Order Form for which the license fee has been paid solely for Licensee’s operations at the location specified in the License File, License Certificate or Order Form. The term of this ▇▇▇▇, including the license to use the Consignment System herein granted, shall commence on the Effective Date and terminate on the date as defined on the License File unless terminated by Licensee or ▇▇▇▇▇▇▇▇▇ Electric AVEVA under Section 11 (“Termination”) of the ▇▇▇▇. Thereafter, this ▇▇▇▇ may be renewed only by both parties signing and delivering to the other a new ▇▇▇▇ substantially in the form of this ▇▇▇▇. The Software is licensed to Licensee, not sold.”