Common use of License Key Clause in Contracts

License Key. 6.1 You acknowledge that, if the Software Product is protected by a lock, the Software Product cannot be used except in conjunction with a valid software key code or a hardware key (hereinafter ‘License Key’) provided to You or to another person on Your behalf by or on behalf of ▇▇▇▇▇▇▇▇▇ Electric or its authorised reseller. 6.2 You agree that such License Key is to be used solely with the Software Product for which it is provided. While ▇▇▇▇▇▇▇▇▇ Electric may, in its sole discretion, provide You with the License Key prior to receipt from You of the applicable license fees (if any), You will remain obligated to pay such fees to ▇▇▇▇▇▇▇▇▇ Electric. 6.3 Any and all risk in the media on which the Software Product and License Key are provided passes to You upon delivery. In the event that the Software Product or License Key is lost, stolen or destroyed after delivery, ▇▇▇▇▇▇▇▇▇ Electric will not be required to replace the Software Product or License Key. 6.4 In the event of a lost, stolen or destroyed License Key, and if ▇▇▇▇▇▇▇▇▇ Electric agrees to replace the License Key, prior to ▇▇▇▇▇▇▇▇▇ Electric providing a replacement License Key to You, You must: (i) provide a statutory declaration signed by You to ▇▇▇▇▇▇▇▇▇ Electric that confirms You have permanently lost or destroyed the Software Product or License Key that is to be replaced and that You have not retained the Software Product or License Key in any form nor included it with any other software or system owned, operated or controlled by You; and (ii) comply with any other direction of ▇▇▇▇▇▇▇▇▇ Electric related to the replacement. 6.5 If the License Key is faulty, and provided that such fault is attributable to an act or omission by ▇▇▇▇▇▇▇▇▇ Electric, ▇▇▇▇▇▇▇▇▇ Electric will replace the License Key if the faulty License Key is returned within the warranty period specified by ▇▇▇▇▇▇▇▇▇ Electric. Subject to Section 9 “Warranties” below, if the faulty License Key is not returned within said warranty period, ▇▇▇▇▇▇▇▇▇ Electric will replace the License Key upon payment by You of an administration fee to be advised by ▇▇▇▇▇▇▇▇▇ Electric at the time. 6.6 When applicable as per Section 1 above, the License Key might be rendered unusable (with or without prior warning) upon expiry of the trial period or of the limited period of time for which the license was granted to You.

License Key. 6.1 You acknowledge that, if the Software Product is protected by a lock, the Software Product cannot be used except in conjunction with a valid software key code or a hardware key (hereinafter the ‘License Key’) provided to You or to another person on Your behalf by or on behalf of ▇▇▇▇▇▇▇▇▇ Electric or its authorised reseller. 6.2 You agree that such License Key is to be used solely with the Software Product for which it is provided. While ▇▇▇▇▇▇▇▇▇ Electric may, in its sole discretion, provide You with the License Key prior to receipt from You of the applicable license fees (if any), You will remain obligated to pay such fees to ▇▇▇▇▇▇▇▇▇ Electric. 6.3 Any and all risk in the media on which the Software Product and License Key are provided passes to You upon delivery. In the event that the Software Product or License Key is lost, stolen or destroyed after delivery, ▇▇▇▇▇▇▇▇▇ Electric will not be required to replace the Software Product or License Key. 6.4 In the event of a lost, stolen or destroyed License Key, and if ▇▇▇▇▇▇▇▇▇ Electric agrees to replace the License Key, prior to ▇▇▇▇▇▇▇▇▇ Electric providing a replacement License Key to You, You must: (i) provide a statutory declaration signed by You to ▇▇▇▇▇▇▇▇▇ Electric that confirms You have permanently lost or destroyed the Software Product or License Key that is to be replaced and that You have not retained the Software Product or License Key in any form nor included it with any other software or system owned, operated or controlled by You; and (ii) comply with any other direction of ▇▇▇▇▇▇▇▇▇ Electric related to the replacement. 6.5 If the License Key is faulty, and provided that such fault is attributable to an act or omission by ▇▇▇▇▇▇▇▇▇ Electric, ▇▇▇▇▇▇▇▇▇ Electric will replace the License Key if the faulty License Key is returned within the warranty period specified by ▇▇▇▇▇▇▇▇▇ Electric. Subject to Section section 9 “Warranties” below, if the faulty License Key is not returned within said warranty period, ▇▇▇▇▇▇▇▇▇ Electric will replace the License Key upon payment by You of an administration fee to be advised by ▇▇▇▇▇▇▇▇▇ Electric at the time. 6.6 When applicable as per Section 1 above, the License Key might be rendered unusable (with or without prior warning) upon expiry of the trial period or of the limited period of time for which the license was granted to You.

License Key. 6.1 You acknowledge that, if the Software Product is protected by a lock, the Software Product cannot be used except in conjunction with a valid software key code or a hardware key (hereinafter the ‘License Key’) provided to You or to another person on Your behalf by or on behalf of ▇▇▇▇▇▇▇▇▇ Electric or its authorised reseller. 6.2 You agree that such License Key is to be used solely with the Software Product for which it is provided. While ▇▇▇▇▇▇▇▇▇ Electric may, in its sole discretion, provide You with the License Key prior to receipt from You of the applicable license fees (if any), You will remain obligated to pay such fees to ▇▇▇▇▇▇▇▇▇ Electric. 6.3 Any and all risk in the media on which the Software Product and License Key are provided passes to You upon delivery. In the event that the Software Product or License Key is lost, stolen or destroyed after delivery, ▇▇▇▇▇▇▇▇▇ Electric will not be required to replace the Software Product or License Key. 6.4 In the event of a lost, stolen or destroyed License Key, and if ▇▇▇▇▇▇▇▇▇ Electric agrees to replace the License Key, prior to ▇▇▇▇▇▇▇▇▇ Electric providing a replacement License Key to You, You must: (i) provide a statutory declaration signed by You to ▇▇▇▇▇▇▇▇▇ Electric that confirms You have permanently lost or destroyed the Software Product or License Key that is to be replaced and that You have not retained the Software Product or License Key in any form nor included it with any other software or system owned, operated or controlled by You; and (ii) comply with any other direction of ▇▇▇▇▇▇▇▇▇ Electric related to the replacement. 6.5 If the License Key is faulty, and provided that such fault is attributable to an act or omission by ▇▇▇▇▇▇▇▇▇ Electric, ▇▇▇▇▇▇▇▇▇ Electric will replace the License Key if the faulty License Key is returned within the warranty period specified by ▇▇▇▇▇▇▇▇▇ Electric. Subject to Section section 9 “Warranties” below, if the faulty License Key is not returned within said warranty period, ▇▇▇▇▇▇▇▇▇ Electric will replace the License Key upon payment by You of an administration fee to be advised by ▇▇▇▇▇▇▇▇▇ Electric at the time. 6.6 When applicable as per Section section 1 above, the License Key might be rendered unusable (with or without prior warning) upon expiry of the trial period or of the limited period of time for which the license was granted to You.