Technology Escrow Agreement definition
Examples of Technology Escrow Agreement in a sentence
Except pursuant to the Technology Escrow Agreement and the License Agreement and in accordance with the terms and conditions set forth therein, the transactions contemplated by this Agreement will not result in any Person other than the Buyer gaining a right to access the source code included in the Owned Intellectual Property (as the result of an escrow release or otherwise).
Upon VAR's execution of the instrument enrolling VAR as a party to the Technology Escrow Agreement attached as Exhibit G, VAR shall be entitled to receive a copy of the escrowed source code and documentation from the escrow agent in the event Forte becomes insolvent, is a party to a bankruptcy filing, ceases business operations generally or ceases to make available maintenance or support services for the then-current version of the licensed Product.
Upon the Closing and except as set forth in the Technology Escrow Agreement and the License Agreement, no Person other than the Buyer will possess any current or contingent rights to any source code that is part of the Owned Intellectual Property.
The use of all software and related proprietary rights of Contractor upon termination of Contract by reason of a material default by Contractor, shall be governed exclusively by the terms of the Technology Escrow Agreement in the form of Exhibit C and Software License Agreement in the form of Exhibit D hereto.
To the extent that Service Provider Software and Service Provider Works placed in technology escrow in accordance with Section 6.1(b) and Section 20.3, is released pursuant to a release condition in Exhibit C of the Technology Escrow Agreement, Customer may use such Service Provider Software to the extent permitted by Exhibit C of the Technology Escrow Agreement.