Common use of Nature of the Software Clause in Contracts

Nature of the Software. 7.1 On-premise software The Software is an on-premise software that requires its installation in Licensee’s compatible computing systems (the “Systems”) which must comply with the necessary minimum specifications set out in the Instructions (the “ Software Technical Requirements”). It is the Licensee’s sole responsibility that the System complies with said requirements. The Licensor disclaims any liability for any incidence or malfunction of the Software that may arise as a consequence of the Systems or the integration of the Software thereto. The Licensee acknowledges and accepts that some of the features of the Software may not be fully operational due to the characteristics of the Systems. The Licensee shall be solely responsible for adopting appropriate security measures to protect the Software at the Location. The Licensor shall in no event be liable for the adequacy of such measures and the impact they may have on the Software. In any case, the Licensee shall immediately notify the Licensor of any security incidents relating to the Software of which it may become aware and keep the Licensor harmless of any damages or prejudices arising therefrom. 7.2 Open source software In the event that the Software contains components provided by third parties under an open source software licensing model, these will be identified following the terms set therein.

Nature of the Software. 7.1 On-premise software The Software is an on-premise software that requires its installation in Licensee’s compatible computing systems (the “Systems”) which must comply with the necessary minimum specifications set out in the Instructions (the “ “Software Technical Requirements”). It is the Licensee’s sole responsibility that the System complies with said requirements. The Licensor disclaims any liability for any incidence or malfunction of the Software that may arise as a consequence of the Systems or the integration of the Software thereto. The Licensee acknowledges and accepts that some of the features of the Software may not be fully operational due to the characteristics of the Systems. The Licensee shall be solely responsible for adopting appropriate security measures to protect the Software at the Location. The Licensor shall in no event be liable for the adequacy of such measures and the impact they may have on the Software. In any case, the Licensee shall immediately notify the Licensor of any security incidents relating to the Software of which it may become aware and keep the Licensor harmless of any damages or prejudices arising therefrom. 7.2 Open source software In the event that the Software contains components provided by third parties under an open source software licensing model, these will be identified following the terms set therein.