MTA Review of License Notices; Notification to the SI Regarding Substitution Sample Clauses

MTA Review of License Notices; Notification to the SI Regarding Substitution. The MTA shall review the Proposal License Notice and each New License Notice (collectively, the "License Notices") to determine whether: (i) a Substitute License provides more favorable terms than those included in the applicable License Notice; (ii) the MTA can secure the Substitute License prior to the Notice of Award with respect to the Proposal Software, and within one-hundred and eighty (180) days of the MTA's receipt of a New License Notice with respect to all other COTS Software and Open Source Software; and (iii) the SI can exercise the necessary rights under the Substitute License in order to meet its obligations under the Contract Documents. If the MTA determines that a Substitute License provides more favorable terms than those included in the applicable License Notice, then the MTA shall notify the SI of the same (a) prior to the Notice of Award with respect to the Proposal License Notice, and (b) within sixty (60) days of its receipt of a New License Notice (each, a "Substitute License Option Notice"). The MTA shall include in the Substitute License Option Notice its determination of the financial impact of the Substitute License on amounts payable to the SI, and such impact shall be based on the difference between (1) the fees to be incurred by the SI for its provision of the applicable COTS Software or Open Source Software, and (2) the fees incurred by the MTA to procure the Substitute License (the "Substitution Costs").
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Related to MTA Review of License Notices; Notification to the SI Regarding Substitution

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