Purchaser Software Sample Clauses
The 'Purchaser Software' clause defines the rights and obligations related to software provided by the purchaser in a contractual relationship. Typically, this clause specifies how the purchaser’s software may be used, accessed, or integrated by the other party, and may address issues such as licensing, intellectual property ownership, and restrictions on use. For example, it might clarify that the supplier can only use the software for the purposes of fulfilling the contract and must not disclose it to third parties. The core function of this clause is to protect the purchaser’s proprietary software and ensure it is used appropriately within the scope of the agreement.
Purchaser Software. Purchaser Software" shall mean any software (including firmware and other software embedded in hardware devices) owned, developed (or currently being developed), used, marketed, distributed, licensed or sold by the Purchaser at any time (other than non-customized third-party software licensed to the Purchaser for internal use on a non-exclusive basis).
