UPGRADES AND UPDATES OF TECHNOLOGY ESCROW MATERIALS Sample Clauses

UPGRADES AND UPDATES OF TECHNOLOGY ESCROW MATERIALS. (a) If at anytime Z-Tel delivers a scheduled release to any Z-Tel Fundamental Technology, Z-Tel will immediately upgrade or update the Technology Escrow Materials. However, if at anytime Z-Tel implements any upgrade, update, patch or other change to the Z-Tel Fundamental Technology that is not a scheduled release, Z-Tel will add these unscheduled release materials to the Escrow Materials on a monthly basis. (b) Not less frequently than on a monthly basis during the Term, Z-Tel will either: (i) deposit copies of the then-current Technology Escrow Materials with the Technology Escrow Agent, subject to the Technology Escrow Agreement, or provide to Sprint a written statement, signed by Z-Tel's Chief Technology Officer, Senior Vice President Enterprise Systems or more senior officer, that there has been no change in the Z-Tel Fundamental Technology as of the date of the statement, and (ii) provide to Sprint a written statement, signed by Z-Tel's Chief Technology Officer, Senior Vice President Enterprise Systems or more senior officer, that the Technology Escrow Materials, as of the date of the statement, are current and accurately reflect the Z-Tel Fundamental Technology as of that date. These written statements will be part of the Technology Escrow Materials.
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