BancTec Software Clause Samples
The 'BancTec Software' clause defines the terms and conditions governing the use, licensing, and ownership of software provided by BancTec under the agreement. Typically, this clause specifies whether the client receives a license to use the software, any restrictions on copying or modifying it, and the rights BancTec retains over its proprietary technology. For example, it may clarify that the software is only to be used for internal business purposes and cannot be distributed to third parties. The core function of this clause is to protect BancTec's intellectual property while outlining the permitted scope of use for the client, thereby preventing unauthorized use or distribution of the software.
BancTec Software. The following Third Party Software is licensed directly to the GE Fund Products by PFPC subject to the terms of this Agreement and the mandatory BancTec (“BancTec”) terms and conditions set forth in Attachment 1 to Schedule 1, attached and incorporated by reference. To the extent the terms of Attachment 1 to Schedule 1, conflict with or differ from the terms and conditions in the Agreement, Attachment 1 to Schedule 1 shall prevail with respect to the following BancTec Software (“BancTec Software”): Informix Multi-User with 20 maximum user seats (subject to Paragraph 1.6 of Exhibit C) XDP Storage Manager Multi-User with 20 maximum user seats (subject to Paragraph 1.6 of Exhibit C) FloWare Multi-User with 20 maximum user seats (subject to Paragraph 1.6 of Exhibit C) Each Banctec Software program listed above and identified as “Multi-User” (“Multi-User Program”) is licensed for installation on a single network server computer which is supplied by a third party, and which is electronically linked with one or more workstations having access to the Banctec Software program. If the above designates a maximum number of users authorized to simultaneously access the Multi-User Program, no access will be permitted in excess of such maximum number. In all other cases, Multi-User Program is authorized to be accessed by all workstations which are configured to communication with that network server computer.
BancTec Software. The following Third Party Software is licensed directly to the Fund by PFPC subject to the terms of this Agreement and the mandatory BancTec ("BancTec") terms and conditions set forth in Attachment 1 to Schedule 1, attached and incorporated by reference. To the extent the terms of Attachment 1 to Schedule 1, conflict with or differ from the terms and conditions in the Agreement, Attachment 1 to Schedule 1 shall prevail with respect to the following BancTec Software ("BancTec Software")
BancTec Software. The following Third Party Software is licensed directly to the Fund by PFPC subject to the terms of this Agreement and the mandatory BancTec ("BancTec") terms and conditions set forth in Attachment 1 to Schedule 1, attached and incorporated by reference. To the extent that Attachment 1 to Schedule 1, conflicts with or differs from the other terms and conditions in the Agreement, Attachment 1 to Schedule 1 shall prevail with respect to the following BancTec Software ("BancTec Software") Informix Multi-User with 3 maximum user seats XDP Storage Manager Multi-User with 3 maximum user seats FloWare Multi-User with 3 maximum user seats Application Designer Single-User with 3 maximum user seats (Run Time Version)