License Verification and Reconciliation Sample Clauses

The License Verification and Reconciliation clause establishes the process by which a licensor can verify that the licensee is complying with the terms of a software or intellectual property license, particularly regarding usage and payment. Typically, this clause allows the licensor to audit the licensee’s records or systems at specified intervals or upon reasonable notice, and may require the licensee to provide documentation or access for review. Its core practical function is to ensure transparency and accuracy in license usage and fee payments, helping to prevent underreporting or misuse of licensed materials.
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License Verification and Reconciliation. (i) Per Subscriber License, Per Bandwidth License, and Per Virtual CPU License. For Per Subscriber Licenses, Per Bandwidth Licenses, and Per Virtual CPU Licenses, End User’s scope of deployment and use of the licenses shall be verified and reconciled on a periodic basis by Sandvine. At Sandvine’s sole discretion, Sandvine may collect and use some, all or none of the following usage metrics, or other metrics not listed: the total number of Products and Third Party Items deployed, the amount of bandwidth used, the total number of subscribers, the Software Modules that are deployed, the various Software features that have been activated and, in the case of a Per Virtual CPU License, the number of virtual CPUs. If Sandvine’s verification and reconciliation indicates that additional Per Subscriber Licenses, additional Per Bandwidth Licenses, or additional Per Virtual CPU Licenses are required based on End User’s actual usage, the applicable fees shall be calculated by Sandvine and payable by End User commencing from the start of applicable Sandvine review period. For example, if Sandvine’s verification and reconciliation conducted as of September 30th for the period September 1 until September 30 indicates that additional Per Subscriber Licenses are required during that period, the applicable license fees, and corresponding Support and Maintenance Service fees, shall be calculated and payable from September 1 onwards. It is expected that End User will be operating Sandvine’s License Manager in “online” mode. If End User is operating Sandvine’s License Manager in “offline” mode, then End User or someone on behalf of End User must perform a procedure on a periodic basis (approximately, once every 90 days) that enables Sandvine to collect the metrics described above. If metrics indicate that additional Per Subscriber Licenses, additional Per Bandwidth Licenses, or additional Per Virtual CPU Licenses are required based on End User’s actual usage, the applicable fees shall be calculated by Sandvine and payable by End User commencing from the start of applicable Sandvine review period.
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License Verification and Reconciliation. (i) Per Subscriber License, Per Bandwidth License, and Per Virtual CPU License. For Per Subscriber Licenses, Per Bandwidth Licenses, and Per Virtual CPU Licenses, End User’s scope of deployment and use of the licenses shall be verified and reconciled as of the last day of each calendar quarter. In order to facilitate this verification, (I) End User shall provide to Sandvine on a quarterly basis a written certification from an officer of End User certifying the number of Subscribers in respect of which the licenses are being used and, (II) in the case of Per Bandwidth Licenses, the amount of bandwidth used and, in the case of a Per Virtual CPU License, the number of virtual CPUs. If the quarterly verification indicates that additional Per Subscriber Licenses, additional Per Bandwidth Licenses, or additional Per Virtual CPU Licenses are required based on End User’s actual usage, license fees shall be calculated and payable from the first day of the next calendar quarter. For example, if the verification conducted as of September 30th indicates that additional Per Subscriber Licenses are required, the applicable license fees, and corresponding Support and Maintenance Service fees, shall be calculated and payable from October 1st onwards.
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License Verification and Reconciliation 
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Related to License Verification and Reconciliation

  • Contract Reconciliation Grantee, within 45 calendar days after the end of each fiscal term year, will submit to the System Agency email box, ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇▇▇.▇▇.▇▇, financial and reconciliation reports required by System Agency in forms as determined by System Agency.

  • Account Reconciliation You will verify and reconcile any out-of-balance condition, and promptly notify the Credit Union of any errors within the time periods established in the Membership and Account Agreement after receipt of your account statement. If notified within such period, the Credit Union shall correct and resubmit all erroneous files, reports, and other data at the Credit Union's then standard charges, or at no charge, if the erroneous report or other data directly resulted from the Credit Union's error.

  • Search, Enquiry, Investigation, Examination And Verification a. The Property is sold on an “as is where is basis” subject to all the necessary inspection, search (including but not limited to the status of title), enquiry (including but not limited to the terms of consent to transfer and/or assignment and outstanding charges), investigation, examination and verification of which the Purchaser is already advised to conduct prior to the auction and which the Purchaser warrants to the Assignee has been conducted by the Purchaser’s independent legal advisors at the time of execution of the Memorandum. b. The intending bidder or the Purchaser is responsible at own costs and expenses to make and shall be deemed to have carried out own search, enquiry, investigation, examination and verification on all liabilities and encumbrances affecting the Property, the title particulars as well as the accuracy and correctness of the particulars and information provided. c. The Purchaser shall be deemed to purchase the Property in all respects subject thereto and shall also be deemed to have full knowledge of the state and condition of the Property regardless of whether or not the said search, enquiry, investigation, examination and verification have been conducted. d. The Purchaser shall be deemed to have read, understood and accepted these Conditions of Sale prior to the auction and to have knowledge of all matters which would have been disclosed thereby and the Purchaser expressly warrants to the Assignee that the Purchaser has sought independent legal advice on all matters pertaining to this sale and has been advised by his/her/its independent legal advisor of the effect of all the Conditions of Sale. e. Neither the Assignee nor the Auctioneer shall be required or bound to inform the Purchaser of any such matters whether known to them or not and the Purchaser shall raise no enquiry, requisition or objection thereon or thereto.

  • Medical Verification The Town may require medical verification of an employee’s absence if the Town perceives the employee is abusing sick leave or has used an excessive amount of sick leave. The Town may require medical verification of an employee’s absence to verify that the employee is able to return to work with or without restrictions.

  • Annual Reconciliation At the end of each Expense Year or as soon as practicable following the end of each Expense Year, Landlord shall deliver to Tenant a statement (the “Annual Reconciliation”) of: (a) the actual annual Operating Expenses and Tenant’s Percentage of Operating Expenses for the preceding year, and (b) the actual annual Real Property Taxes and Tenant’s Percentage of Real Property Taxes for the preceding year. If for any year, the sum of Tenant’s Percentage of Operating Expenses and Tenant’s Percentage of Real Property Taxes (as specified in the Annual Reconciliation) is less than the total amount of the estimated payments made by Tenant under Section 6.3.1 above for such year, then any such overpayment, or overpayments, shall be credited toward the monthly Rent next falling due after determination by Landlord of such overpayment, or overpayments (or if the Term shall have expired or terminated, shall be refunded to Tenant in a lump sum payment within thirty (30) days following the Tenant’s receipt of such Annual Reconciliation). Similarly, if for any year, the sum of Tenant’s Percentage of Operating Expenses and Tenant’s Percentage of Real Property Taxes (as specified in the Annual Reconciliation) is more than the total amount of the estimated payments made by Tenant under Section 6.3.1 above for such year, then any such underpayment, or underpayments, shall be paid by Tenant to Landlord concurrently with the next regular monthly Basic Rent payment coming due after Tenant’s receipt of the Annual Reconciliation (or if the Term shall have expired or terminated, within thirty (30) days following the Tenant’s receipt of such Annual Reconciliation).