LICENCE DURATION. The License comes into effect from the download of the Product, by the licensee. It is granted for a period of 5 (five) years.
Appears in 2 contracts
Sources: Licence Agreement, Licence Agreement
LICENCE DURATION. 1. The License comes into effect is granted for 5 years, counted from the date of the first download of the ProductFiles via the Platform.
2. If 30 days before the end of the period referred to in § 4.1 of this Agreement neither of the Parties gives a statement of termination, by the licensee. It is granted license shall be automatically extended for a period of 5 (five) yearsanother 5-year period.
Appears in 1 contract
Sources: License Agreement