Software License Compliance. Borrower warrants and represents that all software used by Borrower on any of Borrower’s computers is either Borrower’s proprietary software or is duly licensed, maintained and operated in compliance with the software owner’s license terms and conditions.
Appears in 2 contracts
Samples: Loan and Security Agreement (United Development Funding III, LP), Loan and Security Agreement (United Development Funding III, LP)
Software License Compliance. Borrower warrants and represents that all software used by Borrower on any of Borrower’s 's computers is either Borrower’s 's proprietary software or is duly licensed, maintained and operated in material compliance with the software owner’s 's license terms and conditions.. 5.15
Appears in 1 contract
Samples: Loan and Security Agreement (Galaxy Nutritional Foods Co)
Software License Compliance. Borrower warrants and represents that all software used by Borrower on any of Borrower’s 's computers that is material to Borrower's business is either Borrower’s 's proprietary software or is duly licensed, maintained and operated in compliance in all material respects with the software owner’s 's license terms and conditions.
Appears in 1 contract
Samples: Loan and Security Agreement (Anchor Funding Services, Inc.)
Software License Compliance. Borrower warrants and represents that all software used by Borrower on any of Borrower’s 's computers is either Borrower’s 's proprietary software or is duly licensed, maintained and operated in compliance with the software owner’s 's license terms and conditions.
Appears in 1 contract
Samples: Loan and Security Agreement (Z Tel Technologies Inc)
