Common use of Aspen Software Clause in Contracts

Aspen Software. In the case of any software of the type described in clause (i)(B) or (i)(C) of the definition herein of “Aspen Software”, the obligation of Aspen or the Seller to compensate or otherwise pay the owner or licensor to Aspen or the Seller of such software, whether in the nature of royalties or otherwise, is not secured by any Adverse Claim on any of the Transferred Receivables, and such owner or licensor does not otherwise have any property interest in any Transferred Receivable.

Appears in 1 contract

Samples: Purchase and Resale Agreement (Aspen Technology Inc /De/)

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Aspen Software. In the case of any software of the type described in clause (i)(B) or (i)(C) of the definition herein of “Aspen Software”, the obligation of Aspen or the Seller to compensate or otherwise pay the owner or licensor to Aspen or the Seller of such software, whether in the nature of royalties or otherwise, is not secured by any Adverse Advance Claim on any of the Transferred Pool Receivables, and such owner or licensor does not otherwise have any property interest in any Transferred Pool Receivable.

Appears in 1 contract

Samples: Loan Agreement (Aspen Technology Inc /De/)

Aspen Software. In the case of any software of the type described in clause (i)(B) or (i)(C) of the definition herein of “Aspen Software”, the obligation of Aspen or the Seller to compensate or otherwise pay the owner or licensor to Aspen or the Seller of such software, whether in the nature of royalties or otherwise, is not secured by any Adverse Claim on any of the Transferred Receivables, and such owner or licensor does not otherwise have any property interest in any Transferred Receivable.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Aspen Technology Inc /De/)

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Aspen Software. In the case of any software of the type described in clause (i)(Bi)(b) or (i)(Ci)(c) of the definition herein of “Aspen Software”, the obligation of Aspen or the Seller to compensate or otherwise pay the owner or licensor to Aspen or the Seller of such software, whether in the nature of royalties or otherwise, is not secured by any Adverse Claim on any of the Transferred Pool Receivables, and such owner or licensor does not otherwise have any property interest in any Transferred Pool Receivable.

Appears in 1 contract

Samples: Loan Agreement (Aspen Technology Inc /De/)

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