Common use of Model Verification Clause in Contracts

Model Verification. Supplier shall work with the Company to validate the new Source Code developed by or on behalf of Company within sixty (60) Days of receiving such new Source Code. Supplier shall also arrange for and ensure that Company may obtain new Source Code directly from the Source Code Owner in the event that Supplier ceases to operate as a going concern or is subject to voluntary or involuntary bankruptcy and is unable or unwilling to obtain the new Source Code from the Source Code Owner.

Appears in 2 contracts

Sources: Grid Services Purchase Agreement, Grid Services Purchase Agreement