Shrink-Wrap Software Clause Samples

Shrink-Wrap Software. Seller shall transfer at Closing, to the extent it has the legal right to do so and subject to the applicable license agreements with the licensors, its royalty-free usage rights to the shrink-wrap personal computer software (also known as conditions-of-use software) being used in its ordinary course of business as of the Date of Execution on the personal computers that are Transferred Assets. Seller further agrees to transfer at Closing, to the extent it has the legal right to do so and subject to the applicable license agreements with the licensors, its royalty-free usage rights to all upgrades and updates to the shrink-wrap personal computer software that is in Seller's possession and being used on the personal computers that are Transferred Assets as of the Closing Date. If such software copyrights are owned by Seller, Seller's license terms and conditions continue to apply. However, no software rights are being transferred under this Agreement that relate to public domain software or freeware.

Shrink-Wrap Software. Seller shall transfer at Closing, to the extent it has the legal right to do so and subject to the applicable license agreements with the licensors, its royalty-free usage rights to the shrink-wrap personal computer software (also known as conditions-of-use software) being used in its ordinary course of business as of the Date of Execution on the personal computers that are Transferred Assets. Seller further agrees to transfer at Closing, to the extent it has the legal right to do so and subject to the applicable license agreements with the licensors, its royalty-free usage rights to all upgrades and updates (including Asset Purchase Agreement 112399 11 Confidential but not limited to Year 2000 upgrades and updates) to the shrink-wrap personal computer software that is in Seller's possession and being used on the personal computers that are as of the Closing Date. If such software copyrights are owned by Seller, Seller's license terms and conditions continue to apply.

Shrink-Wrap Software. Software License

Shrink-Wrap Software. Software License Section 1.1(e) Contracts Section 1.2(c) Excluded Assets Section 3.1 Location of Assets

Shrink-Wrap Software. Seller shall transfer to Purchaser at the Closing, to the extent it has the legal right to do so and subject to the applicable license agreements with the licensors, its royalty-free usage rights to the shrink-wrap personal computer software (also known as conditions-of-use software) being used in its ordinary course of business as of the date of this Agreement on the personal computers that are Purchased Assets. Seller further agrees to