The Application that Newline Computing Systems Ltd ("Newline") provides is in a non-reusable form for first use by the Licensee.
The Licensee wishes to take and Newline wishes to grant the Licensee the right to use the Application, in accordance with the Terms and Conditions of this Agreement, in the course of their business.
In consideration for the grant of rights the Licensee will, at the Commencement Date of this Agreement, pay Newline or Distributor an initial charge (“Initial Charge”) and on subsequent anniversaries of the Commencement Date pay Newline or Distributor an on-going Licence fee (“Licence Fee”).