Common use of PRICING STRUCTURES Clause in Contracts

PRICING STRUCTURES. ALC means Annual License Charge which is a yearly charge. For the first year of each license of each Licensed Program, ALC is due together with the PLC or TBL, as applicable. Payment of the ALC for a Licensed Program entitles Licensee to (i) Support Services for the Licensed Program for one (1) year and ii) a license (subject to the conditions set forth in the Agreement) to use the Release(s) of such Licensed Program made available by DS during such year, in lieu of the license(s) on the previous Release(s) of the Licensed Program delivered to Licensee. The applicable price for the ALC for any given year is the price of the previous year plus the last percentage of increase applicable to the license of a Licensed Program in a given country, as published at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/terms/price at least ninety (90) days before renewal date,. However, such increase shall not exceed the increase which would have resulted from the revision of the price of the ALC according to the applicable price index since the date of the last price increase published by DS at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/terms/price for the related Licensed Program.

Appears in 2 contracts

Sources: License Agreement, License Agreement

PRICING STRUCTURES. ALC means Annual License Charge which is a yearly charge. For the first year of each license of each Licensed Program, ALC is due together with the PLC or TBL, as applicable. Payment of the ALC for a Licensed Program entitles Licensee to (i) Support Services for the Licensed Program for one (1) year and ii) a license (subject to the conditions set forth in the Agreement) to use the Release(s) of such Licensed Program made available by DS during such year, in lieu of the license(s) on the previous Release(s) of the Licensed Program delivered to Licensee. The applicable price for the ALC for any given year is the price of the previous year plus the last percentage of increase applicable to the license of a Licensed Program in a given country, as published at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/terms/price at least ninety (90) days before renewal date,. However, such increase shall not exceed the increase which would have resulted from the revision of the price of the ALC according to the applicable price index since the date of the last price increase published by DS at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/terms/price for the related Licensed Program.

Appears in 1 contract

Sources: License Agreement