Oracle Licenses Clause Samples

The 'Oracle Licenses' clause defines the terms under which Oracle software licenses are granted and used within an agreement. It typically outlines the scope of permitted use, any restrictions on copying or modifying the software, and the responsibilities of the licensee regarding compliance with Oracle's licensing policies. For example, it may specify whether the license is perpetual or subscription-based, and if it covers specific products or user counts. The core function of this clause is to ensure both parties understand the legal boundaries of software use, thereby reducing the risk of unauthorized usage and potential legal disputes.
Oracle Licenses. With respect to Oracle licenses that are used at the Assets, Sellers have provided notice to Purchaser of Sellers' election under Section 6.15 of the Asset PSA to retain such Oracle licenses. The Parties hereby agree that Sellers are to refrain from all efforts to obtain replacement Oracle licenses for Purchasers without further written direction from Purchaser pursuant to the terms of the Asset PSA.
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Oracle Licenses. DoIT will not procure, maintain or renew Oracle licenses.
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Oracle Licenses. Subject to Purchaser’s acceptance in writing of the terms and conditions of such licenses (as required by such licenses), Seller shall use commercially reasonable efforts to effectuate the transfer fifty (50) Oracle E-Business Suite licenses used in the Business, at no cost to Purchaser and at a cost to Seller not to exceed $50,000; provided, however, that if Seller’s costs with respect to such transfer exceed $50,000, Purchaser shall have the option to pay the costs of transfer in excess of $50,000. Effective upon Seller’s obtaining consent from Oracle for assignment of such Oracle E-Business Suite licenses, and payment by Purchaser of any amounts over $50,000, Seller shall assign such licenses to Purchaser.
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Oracle Licenses. 4.3.1 AEMS LTD has entered into an IT license agreement dated May 9, 2007 with Oracle (the “Oracle License”) for use of software by the AEMS Group, including the Transferred Businesses, AEMS Belgium and Diamis. The Parties hereby acknowledge that under the Oracle License: - AEMS LTD has to date paid to Oracle license fees in an amount of £3,000,000 covering the purchase of the licenses; and - maintenance fees are paid to Oracle on a yearly basis (i.e., £740,000 from May 2007 to April 2008 and £755,000 from May 2008 to April 2009). 4.3.2 In light of the foregoing, NYSE Euronext shall use its best efforts to provide Atos Origin, not later than the Closing Date, with written confirmation from Oracle that (i) as from Closing, the benefit of the Oracle License shall be transferred (at no cost) to AI 16 (as far as the Transferred Businesses are concerned, and with the right to sublicense within the group) (ii) AEMS Belgium, Diamis and AI 16 shall continue to benefit from the Oracle License after the Closing (at no cost), and (iii) AEMS Belgium, Diamis and AI 16 will not pay any additional maintenance fees for the period comprised between the Closing and April 2009 with respect to licenses already deployed as at the Closing date. 4.3.3 Should NYSE Euronext fail to provide such written confirmation from Oracle on the Closing Date, NYSE Euronext shall fully indemnify AEMS Belgium, Diamis and/or AI 16, as applicable, for any and all costs incurred by any of them in connection with the purchase of licenses equivalent to those deployed pursuant to the Oracle License (including the corresponding maintenance fees), which are necessary to operate the activities of the Transferred Businesses (including Diamis) and that of AEMS Belgium, as such activities are currently carried out.
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Related to Oracle Licenses

  • Software Licenses Seller has all necessary licenses to use all material third-party software used in Seller's business, and Seller's use of third-party software does not infringe the rights of any Person.

  • Licenses, etc The Borrower has obtained and does hold in full force and effect, all franchises, licenses, permits, certificates, authorizations, qualifications, accreditation, easements, rights of way and other consents and approvals which are necessary for the operation of its businesses as presently conducted, the absence of which is likely to have a Material Adverse Effect.

  • Software License The SOFTWARE is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. The SOFTWARE is licensed, not sold.

  • Permits/Licenses Contractor and all Contractor’s employees or agents shall secure and maintain in force such permits and licenses as are required by law in connection with the furnishing of services pursuant to this Contract.

  • Permits, Licenses, Etc Each of the Borrower and its Subsidiaries possesses all permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights, and copyrights which are material to the conduct of its business. Each of the Borrower and its Subsidiaries manages and operates its business in accordance with all applicable Legal Requirements except where the failure to so manage or operate could not reasonably be expected to result in a Material Adverse Change; provided that this Section 4.14 does not apply with respect to Environmental Permits.