Common use of Web Site Escrow Clause in Contracts

Web Site Escrow. Within thirty (30) days after Publisher’s acceptance of each Web Site, YPS shall deposit all data and software programs not already deposited in escrow pursuant to the software escrow required hereby for the Rendering Programs with the independent escrow agent Data Securities International, Inc. (“DSI”) pursuant to a written escrow agreement signed by the Parties and consistent with the terms of this Agreement. The Web Site components that must be deposited in escrow are identified and described in the Web Site Specifications, and will include all source materials, data, and programs necessary to develop, access, render and modify each Web Site. The terms of this escrow, including the release of the escrowed materials, data and programs upon the occurrence of one or more Triggering Events and each Party’s responsibility for the costs of the escrow, shall be consistent with the terms of the software escrow for the Rendering Programs required by this Agreement. Upon the release of the escrowed materials, data and programs to Publisher pursuant to the terms of this Agreement and the escrow agreement, Publisher shall have the right to use these materials, data and programs for the Permitted Use through the expiration of the last publishing cycle of the Directories that are published during the term of this Agreement. Without limiting the generality of the foregoing, Publisher shall have the right to place the escrowed materials, data and programs on the Internet servers of a third-party Web Host and to have the materials, data and programs serviced and maintained by the Web Host in order to ensure continuing Internet access to each Web Site on the World Wide Web.

Appears in 5 contracts

Samples: Internet Services Agreement (Local Matters Inc.), Internet Services Agreement (Local Matters Inc.), Internet Services Agreement (Local Matters Inc.)

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