Provisions for Source Code Sample Clauses
The "Provisions For Source Code" clause defines the terms under which source code is handled, shared, or disclosed between parties in an agreement. Typically, this clause specifies whether source code must be provided, under what conditions, and any restrictions on its use or further distribution. For example, it may require a software developer to deliver the source code to a client upon project completion or in the event of bankruptcy. Its core function is to ensure that parties have clear expectations regarding access to and control over source code, thereby reducing the risk of disputes and ensuring business continuity.
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Provisions for Source Code. Upon occurrence of any of the following events, MOTRICITY shall provide CINGULAR with the Source Code for the Software:
(i) MOTRICITY ceases to provide any support for the Storefront or such Software;
(ii) MOTRICITY ceases doing business for any reason;
(iii) MOTRICITY commits any act of bankruptcy within the meaning of the Federal, or any State Bankruptcy Act or if bankruptcy proceedings are instituted against MOTRICITY; or
(iv) Proceedings such as receivership, insolvency, reorganization, dissolution, liquidation or other similar proceedings are instituted by or against MOTRICITY. At CINGULAR’s request and expense, MOTRICITY agrees to place such Source Code in escrow with a software custodian mutually acceptable to the parties. The Source Code will be sufficiently documented such that person(s) with expertise in the area of software development may provide support and modifications for the software within a reasonable timeframe. Further, MOTRICITY will make reasonable efforts to keep the Source Code held in escrow up to date. The Source Code will be updated with each major release of Software within 30 days of the release. CINGULAR shall take all reasonable precautions to protect the delivered Source Code from unauthorized disclosure or use and shall only permit authorize Users having a business related reason access and use of the Source Code.
Provisions for Source Code. Upon occurrence of any of the following events, SUPPLIER shall provide CINGULAR with the Source Code for the Software:
(i) SUPPLIER makes the Source Code for such Software available to a third party;
(ii) SUPPLIER ceases to provide Software Maintenance for such Software;
(iii) SUPPLIER ceases doing business for any reason;
(iv) SUPPLIER commits any act of bankruptcy within the meaning of the Federal, or any State Bankruptcy Act or if bankruptcy proceedings are instituted against SUPPLIER; or
(v) Proceedings such as receivership, insolvency, reorganization, dissolution, liquidation or other similar proceedings are instituted by or against SUPPLIER. At CINGULAR's request and expense, SUPPLIER agrees to place such Source Code in escrow with a software custodian mutually acceptable to the parties. CINGULAR shall take all reasonable precautions to protect the delivered Source Code from unauthorized disclosure or use and shall only permit authorized Users having a business related reason access and use of the Source Code.
Provisions for Source Code. Upon occurrence of any of the following events, Company shall provide AT&T with the Source Code for the Software: • Company ceases to provide any support for the Storefront or such Software; • Company ceases doing business for any reason; • Company commits any act of bankruptcy within the meaning of the Federal, or any State Bankruptcy Act or if bankruptcy proceedings are instituted against Company; or • Proceedings such as receivership, insolvency, reorganization, dissolution, liquidation or other similar proceedings are instituted by or against Company. At AT&T’s request and expense, Company agrees to place such Source Code in escrow with a software custodian mutually acceptable to the parties. The Source Code will be sufficiently documented such that person(s) with expertise in the area of software development may provide support and modifications for the software within a reasonable timeframe. Further, Company will make reasonable efforts to keep the Source Code held in escrow up to date. The Source Code will be updated with each major release of Software within 30 days of the release. AT&T shall take all reasonable precautions to protect the delivered Source Code from unauthorized disclosure or use and shall only permit authorize Users having a business related reason access and use of the Source Code.