Licensed Features Clause Samples
The "Licensed Features" clause defines which specific functionalities, modules, or components of a product or service the licensee is permitted to use under the agreement. Typically, this clause lists or references the features included in the license, such as certain software modules, premium tools, or add-on capabilities, and may distinguish between standard and optional features. By clearly outlining the scope of what is licensed, this clause helps prevent misunderstandings about usage rights and ensures both parties are aware of the exact features covered, thereby reducing the risk of unauthorized use or disputes.
Licensed Features. Software provided in stand-alone form (for example, a virtual machine image) requires a valid license key or other identifying token (“Token”) issued to you by F5 or an F5 authorized reseller, and you may use the Software only for the duration permitted by the license key or Token. F5 may employ mechanisms in the Software designed to ensure that you are only able to access licensed Software and features. Except for Non-Production Software and Evaluation Software (both as defined below), if your license key or Token allows you to deploy or use Software or features prior to executing an order for such Software or features, you agree to submit payment for the use of such Software or features in accordance with your payment terms with F5 or your F5 authorized reseller.
Licensed Features. For Software provided in stand-alone form (for example, a virtual machine image), each instance of the Software requires a valid license key issued to you by F5 or an authorized sub-licensor and you may only use the Software for the duration of time the license key permits. F5 employs mechanisms in the Software in order to ensure that you are only able to access the Software features that you have licensed.