Non-Transferable Software Clause Samples
The Non-Transferable Software clause restricts the licensee from transferring, assigning, or sublicensing the software to any third party. In practice, this means that only the original licensee is permitted to use the software, and they cannot sell, lend, or otherwise provide access to others, whether individuals or organizations. This clause ensures that the software provider maintains control over who uses the software, preventing unauthorized distribution and protecting intellectual property rights.
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Non-Transferable Software. 30 13.5. Motorola Site Express Web Page......................... 31 ARTICLE XIV DEFINITIONS........................................... 31
Non-Transferable Software. The Licensee may not sell, distribute, license, rent, lease, lend, pledge or otherwise transfer or assign the Software or the related rights of use to a third party without the prior written permission of the Licensor.
Non-Transferable Software. Buyer agrees that it will use its ------------------------- commercially reasonable efforts to obtain, prior to the Closing, all necessary and appropriate consents and licenses to use, following the Closing, the non-transferable commercially available software described on Part 5.6 of the Company Disclosure Letter (the "Non-Transferable Software"). In the event that Buyer expends more than $74,000 to obtain such licenses or support such software in respect of its use of such software during the first six months following the Closing, Stockholder will reimburse Buyer's documented expenses in excess of such $74,000. Buyer agrees that Stockholder may, in lieu of any such payments, arrange and pay for any required consents or licenses to be obtained. Buyer agrees that, following the Closing, Buyer will not use, modify, copy or transfer the Non-Transferable Software transferred as part of, or loaded on, the Company Assets, and will immediately following the Closing delete all such Non-Transferable Software, in each case, other than any such software for which all required consents and licenses have been obtained by Buyer prior to the Closing.
Non-Transferable Software. After the Closing Date: (i) Sonic shall not use, modify, copy or transfer software transferred as part of, or loaded on, any Owned Tangible Property as of the Closing other than Software expressly transferred or licensed under this Agreement or the VERITAS License Agreement (“Unlicensed Software”), unless Sonic has independently obtained the valid and legal right to use the Unlicensed Software from its owner or owners and (ii) unless Sonic obtains the right to use the Unlicensed Software as set forth in clause (i) above, Sonic shall delete or cause to be deleted the Unlicensed Software, as soon as reasonably practicable after the Closing, but in no event later than 60 days after the Closing Date.
Non-Transferable Software. Purchaser hereby acknowledges and agrees ------------------------- that the software identified in Schedule 1.3 is currently used by Seller in its ------------ operation of the Business and is not being transferred or licensed under this Agreement.