Common use of New Releases Clause in Contracts

New Releases. Licensor shall deliver to Creative, promptly upon the availability thereof, Masters for any Updates and Upgrades of the Licensed Products during the Term of this Agreement, and such Updates and Upgrades shall be deemed part of the Licensed Products. In addition, Licensor agrees to upgrade the Restricted Product to maintain the relatively same difference in functionality between the Restricted Product and the Activated Product. Licensor shall make commercially reasonable efforts to notify Creative at least ninety (90) days prior to the date of introduction of any such Updates and Upgrades.

Appears in 4 contracts

Samples: Technology License and Development Agreement (Netspeak Corp), Technology License and Development Agreement (Netspeak Corp), Technology License and Development Agreement (Netspeak Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!