Common use of Maintenance of Original TIB Software Products Clause in Contracts

Maintenance of Original TIB Software Products. TSI shall be responsible for maintaining, enhancing, supporting and improving any Original TIB Software products licensed to TSI hereunder. TSI shall use its reasonable efforts to assure that such software products are, to the extent reasonably practicable, at all times maintained as competitive and viable products in the relevant market place. Notwithstanding the foregoing, TSI may, in its discretion, determine that it no longer wishes to continue to maintain or support one or more Original TIB Software products, and in such event, it shall provide Reuters with reasonable advance notice thereof and, at Reuters’ request, shall provide Reuters with reasonable assistance, at Reuters’ sole cost and expense, to permit Reuters to acquire the resources, skills and expertise to continue to maintain and support such product upon the discontinuance of maintenance and support thereof by TSI.

Appears in 4 contracts

Samples: Joint Marketing and Referral Agreement, License, Maintenance and Distribution Agreement (Tibco Software Inc), License, Maintenance and Distribution Agreement (Tibco Software Inc)

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