Common use of Software and Information Systems Clause in Contracts

Software and Information Systems. Except as set forth in SCHEDULE 4.31 (the "CUSTOMIZED SOFTWARE"), all computer software programs used in the Business are standard, off-the-shelf programs. The Company or a Subsidiary owns or holds, royalty free, non-exclusive licenses to use the Customized Software in connection with the Business. Except as set forth in SCHEDULE 4.31, the Customized Software is not subject to any transfer, assignment, source code escrow agreement, reversion, site, equipment, or other operational limitations. Copies of all licenses and other agreements with respect to Customized Software have been made available to Purchaser.

Software and Information Systems. Except as set forth in SCHEDULE 4.31 3.17 (the "CUSTOMIZED SOFTWARE"), all computer software programs used in the Business are standard, off-the-shelf programs. The Company or a Subsidiary owns or holds, royalty free, non-exclusive licenses to use the Customized Software in connection with the Business. Except as set forth in SCHEDULE 4.313.17, the Customized Software is not subject to any transfer, assignment, source code escrow agreement, reversion, site, equipment, or other operational limitations. ; and Copies of all Software owned by the Company or a Subsidiary and copies of all licenses and other agreements with respect to Customized Software have been made available shall be delivered to PurchaserBuyers at Auburn Closing.