Licensing and transfer of software from One PC to Another

So there is an ongoing question in my mind about how the copies of office licensed through dell with the purchase of a PC can be used. It seems that some think you can transfer that license to a new computer and others think that you can not. Now I have
read the confusing ULA and all the contradicting opinions from different online sources and I would just like some clarification.
The ULA says this under OEM:
“How can I use the software? The software is licensed, not sold. Under this agreement we grant you the right to run one copy only on the computer with which you acquired the
software (the licensed computer) for use by one person at a time, but only if you comply with all the terms of this agreement. Our software license is permanently assigned to the licensed computer. “
It then states in the very next paragraph:
“Can I transfer or reassign the software to another user or computer? You may not transfer the software to another user. You may transfer the software directly to a third party only as installed on the licensed
computer, with the Certificate of Authenticity label and this agreement. Before the transfer, that party must agree that this agreement applies to the transfer and use of the software. You may not retain any copies. You may reassign this software license to
a different computer any number of times, but not more than one time every 90 days. If you reassign, that other computer becomes the “licensed computer.” If you retire the licensed computer due to hardware failure, you may reassign the license sooner.”
A clear answerer explaining what these items mean and why they seem to say the exact opposite thing from someone would be nice. Maybe a Microsoft employee or Licensing expert could help out.
Thanks,
Brett

Hi,
Since your issue is related to the license issue, I recommend you connect the Microsoft Customer Service Center to get more detailed help. 
http://support.microsoft.com/gp/customer-service-phone-numbers/en-us
Thanks for your understanding.
Regards,
George Zhao
TechNet Community Support
It's recommended to download and install
Configuration Analyzer Tool (OffCAT), which is developed by Microsoft Support teams. Once the tool is installed, you can run it at any time to scan for hundreds of known issues in Office
programs.

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