Common use of Subsequent Deposits Clause in Contracts

Subsequent Deposits. Alya shall deliver or cause to be delivered to the Security Agent the source code for any Enhancements to the Software annually in accordance with the Management Agreement as security for the Joint Venturers' obligations to Alya under the Note. Alya, at the time of delivering source code for Enhancements to the Security Agent, shall certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to the Joint Venturers, forwarding the same to the Security Agent with a copy to the Joint Venturers.

Appears in 2 contracts

Samples: Application Software Purchase Agreement (Alya International Inc), Application Software Purchase Agreement (Alya International Inc)

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Subsequent Deposits. Alya shall deliver or cause to be delivered to the Security Agent the source code for any Enhancements to the Software annually quarterly in accordance with the Management Agreement as security for the Joint Venturers' Silver's obligations to Alya under the Note. Alya, at the time of delivering source code for Enhancements to the Security Agent, shall certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to the Joint VenturersSilver, forwarding the same to the Security Agent with a copy to the Joint VenturersSilver.

Appears in 1 contract

Samples: Application Software Purchase Agreement (Alya International Inc)

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Subsequent Deposits. Alya shall deliver or cause to be delivered to the Security Agent the source code for any Enhancements to the Software annually quarterly in accordance with the Management Agreement as security for the Joint Venturers' Xxxxxxxx'x obligations to Alya under the Note. Alya, at the time of delivering source code for Enhancements to the Security Agent, shall certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to the Joint VenturersXxxxxxxx, forwarding the same to the Security Agent with a copy to the Joint VenturersXxxxxxxx.

Appears in 1 contract

Samples: Application Software Purchase Agreement (Alya International Inc)

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