Common use of No License of Source Code Clause in Contracts

No License of Source Code. No source code for any Company IP has been delivered, licensed or made available to any escrow agent or other Person who is not, as of the date of this Agreement, an Employee, including under any license for Open Source Software. Neither the Company nor any of its Subsidiaries have any duty or obligation (whether present, contingent or otherwise) to deliver, license or make available the source code for any Company Software to any escrow agent or any other Person who is not, as of the date of this Agreement, an Employee of the Company or any of its Subsidiaries. No event has occurred, and no circumstance or condition exists, that (with or without notice or lapse of time) will, or could reasonably be expected to, result in the delivery, license or disclosure of any source code for any Company Software to any other Person who is not, as of the date of this Agreement, an Employee of the Company or any of its Subsidiaries.

Appears in 2 contracts

Samples: Merger Agreement (Coupa Software Inc), Merger Agreement (Coupa Software Inc)

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No License of Source Code. No source code for any Company Parent IP has been delivered, licensed or made available to any escrow agent or other Person who is not, as of the date of this Agreement, an Employee, including under any license for Open Source Software. Neither the Company Parent nor any of its Subsidiaries have any duty or obligation (whether present, contingent or otherwise) to deliver, license or make available the source code for any Company Parent Software to any escrow agent or any other Person who is not, as of the date of this Agreement, an Employee of the Company Parent or any of its Subsidiaries. No event has occurred, and no circumstance or condition exists, that (with or without notice or lapse of time) will, or could reasonably be expected to, result in the delivery, license or disclosure of any source code for any Company Parent Software to any other Person who is not, as of the date of this Agreement, an Employee of the Company Parent or any of its Subsidiaries.

Appears in 1 contract

Samples: Securities Exchange Agreement (NextPlay Technologies Inc.)

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No License of Source Code. No source code for any Company IP Software has been delivered, licensed or made available to any escrow agent or other Person who is not, as of the date of this Agreement, an Employeeemployee, contractor or agent of the Company or its Subsidiaries, including under any license for Open Source Software. Neither the The Company nor any of and its Subsidiaries have any no duty or obligation (whether present, contingent or otherwise) to deliver, license or make available the source code for any Company Software to any escrow agent or any other Person who is not, as of the date of this Agreement, an Employee employee of the Company or any of its Subsidiaries. No event has occurred, and no circumstance or condition exists, that (with or without notice or lapse of time) will, or could reasonably be expected to, result in the delivery, license or disclosure of any source code for any Company Software to any other Person who is not, as of the date of this Agreement, an Employee employee of the Company or any of its Subsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Simulations Plus, Inc.)

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