NORTHERN TELECOM LTD Sample Clauses

NORTHERN TELECOM LTD. The Company shall have delivered to Buyer a fully executed copy of a license agreement between Northern Telecom Ltd. ("Nortel") and the Company, in form 71 77 and substance satisfactory to Buyer, which license agreement, among other things, secures the Company's rights to certain configurator technology owned by Nortel, and clarifies to Buyer's satisfaction that royalties payable to Nortel apply only with respect to the sale of a stand-alone configurator product, and 'that the use of the configurator engine by the Company inside other products (whether or not accomplished by a reverse engineering, disassembly, or decompilation of the source code) will not be subject to any royalty payments.
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Related to NORTHERN TELECOM LTD

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