Common use of Information Technology Matters Clause in Contracts

Information Technology Matters. (a) The Sellers shall provide to the Purchaser promptly after the Closing a copy of Transferred Computer Data identified on Schedule 6.23(a). The format and the applicable time periods for the Transferred Computer Data are also set forth on Schedule 6.23(a). (b) During the period commencing on the date hereof and ending on the Closing Date, the Sellers, upon the Purchaser’s reasonable request, shall use commercially reasonable efforts to assist the Purchaser’s efforts to acquire its own software licenses for the software applications set forth on Schedule 6.23(b). The Purchaser shall defend and indemnify the Sellers for all third party claims regarding any and all software that is resident on the Transferred Information Technology Hardware, including any software licensed to either of the Sellers under the Excluded Software License Agreements that remains on the Transferred Information Technology Hardware.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Texas Petrochemicals Inc.), Asset Purchase Agreement (Huntsman International LLC), Asset Purchase Agreement (Texas Petrochemicals Inc.)

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