Common use of Licensed Software Clause in Contracts

Licensed Software. The Software, to the extent it is licensed from any third party licensor or constitutes "off-the-shelf" software, is held by the Company in compliance with applicable law and is fully transferable to the Purchaser without any third party consent. All of the Company's computer hardware has legitimately-licensed software installed therein.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Persico Anthony J), Stock Purchase Agreement (Travel Services International Inc), Stock Purchase Agreement (Travel Services International Inc)

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Licensed Software. The Software, to the extent it is licensed from any third party licensor or constitutes "off-the-shelf" software, is held by the Company in compliance with applicable law Companies legitimately and is fully transferable to the Purchaser without any third party consent. All of the Company's Companies' computer hardware has legitimately-licensed software installed therein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameripath Inc)

Licensed Software. The Software, to the extent it is licensed from any third party licensor or constitutes "off-the-shelf" software, is held by the Company in compliance with applicable law and is fully transferable to the Purchaser without any third party consent. All of the Company's computer hardware has Companies legitimately-licensed software installed therein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Travel Services International Inc)

Licensed Software. The Software, to the extent it is licensed from any third party licensor or constitutes "off-the-shelf" software, is held by the Company in compliance with applicable law legitimately and is fully transferable to the Purchaser without any third party consent. All of To the Seller's and the Company's knowledge, all software used in the Company's business and installed on the Company's computer hardware has been legitimately-licensed software installed thereinlicensed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Travel Services International Inc)

Licensed Software. The Software, to the extent it is licensed from any third party licensor or constitutes "off-the-shelf" software, is held by the Company in compliance with applicable law legitimately and is fully transferable to the Purchaser (as the owner of the Company at and after the Closing) without any third party consent. All of software used in the Company's business and installed on the Company's computer hardware has been legitimately-licensed software installed thereinlicensed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Travel Services International Inc)

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Licensed Software. The Software, to the extent it is licensed from any third party licensor or constitutes "off-the-shelf" software, is held by the Company in compliance with applicable law legitimately and is fully transferable to the Purchaser hereunder without any third party consent. All To the Sellers' knowledge, all of the Company's computer hardware has legitimately-legitimately licensed software installed therein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Polyvision Corp)

Licensed Software. The Software, to the extent it is licensed from any third party licensor or constitutes "off-the-shelf" software, is held by the Company legitimately, in compliance with applicable law and is fully transferable to the Purchaser without any third party consent. All of the Company's computer hardware has legitimately-licensed software installed therein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Travel Services International Inc)

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