Term License
Catalog row in Vendor License Programs · Cited
- Kind
- Term licence
- Term
- Order Form term, annual invoicing
- Definition
- Software License Terms SL8: a licence for a fixed period identified in the Order Form; maintenance is included in the Annual Term License Fee.
- Commercial rules
- Renews automatically for 12-month periods unless the Customer gives notice at least 30 days before the renewal term; expansions are co-terminous; the fee does not increase during a twelve-month term except for added Named Users.
- Applies to
- Deltek installed software licensed as a Term License
- Related metrics