IT Software Clause Samples
The 'IT Software' clause defines the terms and conditions governing the use, licensing, and management of software provided under an agreement. It typically outlines the scope of permitted use, restrictions on copying or modifying the software, and the responsibilities of each party regarding updates, support, and intellectual property rights. For example, it may specify whether the client receives a perpetual or subscription-based license and detail any limitations on sublicensing or third-party access. This clause ensures both parties have a clear understanding of their rights and obligations concerning the software, reducing the risk of misuse or disputes over ownership and usage.
IT Software. System and utility programs to facilitate use of computer hardware; e.g., software application packages, media conversion, assembly, compiler, translator and object programs. IT Supplies: Supplies such as thumb drives, compact disks (CDs), printer ribbons, cables, containers, reels, computer paper, tabulating paper and paper tape.
IT Software. For software. Upon request, Seller will submit within 48 hours a copy of the testing procedures and test results used for the product(s) being procured.
IT Software. 8.17.1 All IT systems used by the Warranted Companies are either properly owned by the Warranted Companies or properly licensed or leased by the Majority Seller or an Affiliate or a Third Party to the Warranted Companies. The Warranted Companies are not in default of any material obligation under the licenses or leases.
8.17.2 The IT systems used by the Warranted Companies are adapted to the conduct of the business activities. The IT systems are in good working order and are used and maintained in accordance with good industry practices. The Warranted Companies have back-up systems available.
IT Software. 14.1 All Software shall be supplied to the Customer for use under the terms of the licence granted by the owner of the Software to the Customer and all intellectual property and title and the rights in the Software shall remain vested in any third party owning such property, title and rights.
14.2 Any warranty or guarantee given by TMB in respect of the Software shall be strictly limited to the medium of storage and TMB shall not be liable in respect of any loss or damage occasioned to the Software itself or consequential upon the use of the Software for any purpose.