There's some ambiguity here, but I believe as liscence holder in this context means the site of your forum.
Under the law (at least here in the US), corporations are considered entities with certain rights associated with people and as such entities are sometimes refered to in that sence. I believe in this case, using the same logic, a website would be considered an entity.
In contracts that I have seen with similiar language, there is usually a clause that states the 'services' being provided cannot be resold or provided to persons not with the customer organazition... yadda yadda yadda.
Of course, I may be wrong, only jelsoft can say for sure...
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