Some educational institutions, particularly universities and colleges, prefer the predictable, recurring expense of a renewable payment instead of the uncertainty of purchasing a license for one version of the software, then needing to make a separate purchase in the future for updates, and so on.
The WaveLab Pro 365 EE Multi SKU has been introduced for these institutions. The SKU has a minimum order quantity of five seats. Each seat consists of a timelimited license, valid for one year from the point of activation. This license is valid not only for the current version of the software, but also for any major version updates that are released during that year (subject to an update to the eLicenser Control Center database, which is required to extend the license for the new version).
At the end of the year-long licensing period, the software becomes inoperable, and the institution must purchase a renewal at the same per-seat price for the following year.