Common use of Node-Locked License Clause in Contracts

Node-Locked License. i. A Node-Locked License provides for one (1) instance per license. ii. Buyer is authorized to install Software purchased pursuant to a Node-Locked License, on multiple computers that are owned and controlled by Buyer. However, the Buyer may only run one (1) instance of such Software and only one (1) process within an instance on a single computer at any one time. iii. If the Software is explicitly named a parallel processing version, then Buyer may run one (1) instance of such Software and up to twelve (12) processes within an instance on a single computer at any one time.