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Permanent License

What is a Permanent License for Fences? Does it cover upgrades for all future upgrades to include major upgrades, as an example going from V6 to v7? And is it for the lifetime of the product, Fences?

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If you buy a permanent license for Fences 6, you will get all updates for Fences 6.xx, but you will have to buy a new license for Fences 7, etc.

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