Common use of Computer Software and Equipment Clause in Contracts

Computer Software and Equipment. A. All Software is and shall remain the exclusive property of Management Company or one of its Affiliates (or the licensor of such Software, as the case may be), and Owner shall have no right to use, or to copy, any Software. B. Upon Termination, Management Company shall have the right to remove from the Inn, without compensation to Owner, all Software. Furthermore, upon Termination, Management Company shall be entitled to remove from the Inn any computer equipment which is utilized as part of a centralized reservation or property management system or is otherwise considered proprietary by Management Company. If any of such removed computer equipment is owned by Owner, Management Company shall reimburse Owner for all previous expenditures made by Owner for the purchase of such equipment, subject to a reasonable allowance for depreciation.

Computer Software and Equipment. A. All Software is and shall remain the exclusive property of Management Company or one of its Affiliates (or the licensor of such Software, as the case may be), and Owner shall have no right to use, or to copy, any Software. B. Upon Termination, Management Company shall have the right to remove from the InnHotel, without compensation to Owner, all Software. Furthermore, upon Termination, Management Company shall be entitled to remove from the Inn Hotel any computer equipment which is utilized as part of a centralized reservation or property management system or is otherwise considered proprietary by Management Company. If any of such removed computer equipment is owned by Owner, Management Company shall reimburse Owner for all previous expenditures made by Owner for the purchase of such equipment, subject to a reasonable allowance for depreciation.