Customized Technology Deliverables Sample Clauses
The "Customized Technology Deliverables" clause defines the requirement for the creation and delivery of technology solutions tailored to the specific needs of the client. This clause typically outlines the scope of customization, the standards or specifications the deliverables must meet, and the process for client approval or feedback. For example, it may apply to software developed with unique features requested by the client or hardware configured to integrate with existing systems. Its core practical function is to ensure that the client receives technology products or services that are specifically adapted to their operational requirements, thereby reducing the risk of receiving generic or unsuitable solutions.
Customized Technology Deliverables. Bank will deliver into escrow for the benefit of the Fund copies of all final requirements documentation related to any builds, features or functionality customized for the Fund, that are incorporated into or used in connection with the provision of services under this Agreement (the “Requirements Documentation”), within thirty (30) days after such builds, features or functionality have been incorporated into or used in connection with the provision of services. Such Requirements Documentation shall be in the form customarily produced by the Bank in connection with such projects generally. The Fund shall have access to such Requirements Documentation only in the event of the termination of this Agreement other than by reason of breach by the Fund. Bank hereby grants to the Fund a worldwide, irrevocable, royalty-free, fully paid-up, non-transferable and non-exclusive license, solely for the purpose of the Fund’s or the Fund’s third party supplier assuming performance obligations for the Services previously performed by Bank hereunder.
Customized Technology Deliverables. Bank will deliver into escrow for the benefit of BGI copies of all final requirements documentation related to any builds, features or functionality customized for BGI, that are incorporated into or used in connection with the provision of services under this Agreement (the “Requirements Documentation”), within thirty (30) days after such builds, features or functionality have been incorporated into or used in connection with the provision of services. Such Requirements Documentation shall be in the form customarily produced by the Bank in connection with such projects generally. BGI shall have access to such Requirements Documentation only in the event of the termination of this Agreement other than by reason of breach by BGI. Bank hereby grants to BGI a worldwide, irrevocable, royalty-free, fully paid-up, non-transferable and non-exclusive license, solely for the purpose of BGI’s or BGI’s third party supplier assuming performance obligations for the Services previously performed by Bank hereunder.
Customized Technology Deliverables. Bank will deliver into escrow for the benefit of BGI copies of all final requirements documentation related to any builds, features or functionality customized for BGI, that are incorporated into or used in connection with the provision of services under this Agreement (the "Requirements Documentation"), within thirty (30) days after such builds, features or functionality have been incorporated into or used in connection with the provision of services. Such Requirements Documentation shall be in the form customarily produced by the Bank in connection with such projects generally. BGI shall have access to such Requirements Documentation only in the event of the termination of this Agreement other than by reason of breach by BGI. Bank hereby grants to BGI a worldwide, irrevocable, royalty-free, fully paid-up, non-transferable and non-exclusive license, solely for the purpose of BGI's or BGI's third party supplier assuming performance obligations for the Services previously performed by Bank hereunder. 14. Service Enhancements. Market Leader: Bank hereby commits that it will use commercially reasonable efforts to: (i) continue to develop and provide to BGI service enhancements that will enable BGI to maintain BGI's market leader position in product innovation, information technology, service delivery and securities lending (collectively, "Market Efforts"). BGI acknowledges that Bank has been successful in providing Market Efforts during the Initial Term. Bank agrees that its Market Efforts will be and will continue to be during the Renewal Term no less favorable than those being offered at that time by Bank to any other customer purchasing services of a type substantially similar to the services provided hereunder relating to BGIs in aggregate substantially similar in scope (even if smaller in asset size) to the Portfolios serviced under this Agreement. Bank shall, upon written request, review and have an officer of its company certify its compliance with this section to BGI. If Bank at any time offers other customers or brokers processes, discounts and/or other cost reduction methods or improved services more favorable than those provided to the Bank pursuant to this Agreement such that the foregoing terms of this subsection become untrue, Bank shall promptly offer these to BGI prospectively from the date such more favorable terms were offered to other customers or brokers, unless Bank is prevented from doing so in a reasonable manner due to third party pate...
Customized Technology Deliverables. The Sub-Administrator will deliver into escrow for the benefit of BGFA copies of all final requirements documentation related to any builds, features or functionality customized for BGFA, that are incorporated into or used in connection with the provision of services under this Agreement (the "Requirements Documentation"), within thirty (30) days after such builds, features or functionality have been incorporated into or used in connection with the provision of services. Such Requirements Documentation shall be in the form customarily produced by the Sub-Administrator in connection with such projects generally. BGFA shall have access to such Requirements Documentation only in the event of the termination of this Agreement other than by reason of breach by BGFA. The Sub-Administrator hereby grants to BGFA a worldwide, irrevocable, royalty-free, fully paid-up, non-transferable and non-exclusive license, solely for the purpose of BGFA's or BGFA's third party supplier assuming performance obligations for the services previously performed by the Sub-Administrator hereunder.