Object Code Rights and Source Code Escrow Clause Samples

Object Code Rights and Source Code Escrow. (a) This is an object code only license, and entitles Licensee to utilize the Software in object code, machine readable format. Licensee may write independent routines that access the Software's database provided that such routines are restricted to read-only access to the database. Licensee is not entitled under this Agreement to obtain the Source Code unless (i) CMSI and Licensee agree in writing to amend this Agreement to allow Licensee to access the Source Code, and Licensee agrees to pay all additional fees and to observe all limitations with respect to the Source Code required by CMSI, or (ii) a Source Code release condition, as specified in Section 4(b) below, occurs and Licensee requests a copy of the Source Code. (b) CMSI will escrow with Fort Knox ▇▇▇ured Data the Source Code in machine readable form of the then-current version of CreditRevue on or before six (6) months following the Acceptance Date. For the term of this Agreement, CMSI will escrow the Source Code of the then-current version of CreditRevue and any subsequent scheduled releases of Software within sixty (60) days of the release date. In the event of CMSI's insolvency or bankruptcy, or involvement in an involuntary proceeding for protection of its creditors, whereby CMSI can no longer satisfy its obligation to support Licensee under the Software Maintenance Agreement, a copy of the escrowed material shall be delivered to Licensee on Licensee's demand following Licensee's payment of the escrow agent's reasonable material and processing costs. CMSI's obligations under this