What is licence agreement in SAP SAP-LEGAL - Global Field Legal?

SAP Term: licence agreement

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: Legal contract between the licensor and/or author and the purchaser of a piece of software.

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• Key Concepts: 
  A licence agreement is a legally binding contract between two parties, in this case SAP and the customer. It outlines the terms and conditions of the use of SAP software, including the scope of use, payment terms, and any other relevant information. 
  
  How to Use it: 
  The licence agreement is an important document that must be read and understood before using SAP software. It should be reviewed carefully to ensure that all terms and conditions are understood and accepted. 
  
  Tips & Tricks: 
  It is important to keep a copy of the licence agreement on file for future reference. This will help ensure that all terms and conditions are followed correctly. 
  
  Related Information: 
  The SAP-LEGAL Global Field Legal team provides support and guidance on all aspects of licensing agreements. They can provide advice on how to interpret the agreement, as well as any other legal matters related to SAP software.