Internal Assignment of Licenses and Software Assurance Sample Clauses

The Internal Assignment of Licenses and Software Assurance clause defines how a company may allocate or reassign software licenses and associated support services within its own organization. Typically, this clause allows the licensee to move licenses between departments, subsidiaries, or employees without needing the licensor’s prior approval, provided the use remains internal and does not extend to third parties. Its core function is to provide operational flexibility for the licensee, ensuring that software resources can be efficiently managed and adapted to changing internal needs without breaching the agreement.
Internal Assignment of Licenses and Software Assurance. Licenses and Software Assurance must be assigned to a single user or device within the Enterprise. Licenses and Software Assurance may be reassigned within the Enterprise as described in the Use Rights.
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Internal Assignment of Licenses and Software Assurance. Licenses and Software
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Related to Internal Assignment of Licenses and Software Assurance

  • Possession of Licenses and Permits The Company and its subsidiaries possess such permits, licenses, approvals, consents and other authorizations (collectively, "Governmental Licenses") issued by the appropriate federal, state, local or foreign regulatory agencies or bodies necessary to conduct the business now operated by them; the Company and its subsidiaries are in compliance with the terms and conditions of all such Governmental Licenses, except where the failure so to comply would not, singly or in the aggregate, have a Material Adverse Effect; all of the Governmental Licenses are valid and in full force and effect, except when the invalidity of such Governmental Licenses or the failure of such Governmental Licenses to be in full force and effect would not have a Material Adverse Effect; and neither the Company nor any of its subsidiaries has received any notice of proceedings relating to the revocation or modification of any such Governmental Licenses which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, would result in a Material Adverse Effect.