Shrinkwrap Software Sample Clauses

Shrinkwrap Software. Section 2.15(b).............

Shrinkwrap 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 Closing Date on the personal computers that are Acquired 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 Acquired Assets as of the Closing Date. Notwithstanding the foregoing, no software rights are being transferred under this Agreement that relate to public domain software or freeware.