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O&O EasyLicensing: Leasing

Included in O&O's EasyLicensing V4 is a facility for leasing out software licenses - O&O EasyLicensing V4 Leasing. Under the terms of the O&O product EULA (End User License Agreement) it is prohibited by copyright to rent, lease or lend O&O software products. An end customer acquires the right to use the software but O&O retains actual ownership. This applies to software leasing too - the company leasing out the software does not acquire actual ownership of the product.

O&O has now drawn up a contract which enables customers to lease out O&O products too! Our recommended leasing partner in this regard is GRENKELEASING AG, one of the largest independent banking and IT finance specialists.

The leasing option is available under O&O EasyLicensing V4 upon the acquisition of five (three) or more licenses. All the charge rate calculations and lease administration is carried out by an authorized O&O partner from the leasing company. The Partner then submits a formal offer to the customer in the name of the leasing company. Should this offer be accepted the customer and the leasing company then close the contract together. The following graphic clearly illustrates the leasing procedure: