Common use of Licensee’s Responsibilities and Undertakings Clause in Contracts

Licensee’s Responsibilities and Undertakings. 4.1 Licensee shall notify NCC Group of any change to the Software that necessitates a replacement deposit of the Escrow Material. 4.2 In the event that the Escrow Material is released under Clause 7, Licensee shall: 4.2.1 keep the Escrow Material confidential at all times; 4.2.2 use the Escrow Material only for the Release Purposes; 4.2.3 not disclose the Escrow Material to any person save such of Licensee’s employees or contractors who need to know the same for the Release Purposes. In the event that Escrow Material is disclosed to its employees or contractors, Licensee shall ensure that they are bound by the same confidentiality obligations as are contained in this Clause 4.2; 4.2.4 hold all media containing the Escrow Material in a safe and secure environment when not in use; and 4.2.5 forthwith destroy the Escrow Material should Licensee cease to be entitled to use the Software under the terms of the License Agreement.

Appears in 2 contracts

Samples: Master Services and Software License Agreement (Silver Spring Networks Inc), Master Services and Software License Agreement (Silver Spring Networks Inc)

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Licensee’s Responsibilities and Undertakings. 4.1 Licensee shall notify NCC Group of any change to the Software that necessitates a replacement deposit of the Escrow Material. 4.2 In the event even that the Escrow Material is released under Clause 7, Licensee shall: 4.2.1 keep the Escrow Material confidential at all times; 4.2.2 use the Escrow Material only for the Release PurposesPurpose; 4.2.3 not disclose the Escrow Material to any person save such of Licensee’s employees or contractors who need to know the same for the Release Purposes. In the event that Escrow Material is disclosed to its employees or contractors, . Licensee shall ensure that they are bound by the same confidentiality obligations as are contained in this Clause 4.2; 4.2.4 hold all media containing the Escrow Material in a safe and secure environment when not in use; and 4.2.5 forthwith destroy the Escrow Material should Licensee cease to be entitled to use the Software under the terms of the License Agreement.

Appears in 2 contracts

Samples: Services Agreement (Silver Spring Networks Inc), Services Agreement (Silver Spring Networks Inc)

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