Source Code Deposit Sample Clauses
A Source Code Deposit clause requires one party, typically a software developer or vendor, to place the source code of a software product into escrow with a neutral third party. This process ensures that the source code is securely stored and can be accessed by the customer under specific conditions, such as the vendor's bankruptcy or failure to support the software. The core function of this clause is to protect the customer's interests by guaranteeing access to the source code if the vendor is unable to fulfill its obligations, thereby mitigating the risk of business disruption.
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Source Code Deposit. Agreement Number C92172, Source Code Transfer and Custody Agreement between IBM and Synon, is hereby incorporated by reference into this Agreement and made a part hereof as Appendix D, Source Code Escrow.
Source Code Deposit. The magnetic tapes containing the Source Code have been deposited with the law firm of Cobb, ▇▇▇▇ & ▇ell, ▇.A., 150 ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ accordance with the Source Code Deposit Agreement attached hereto as Exhibit B.
Source Code Deposit. At the same time as signing this Agreement, m-Wise shall sign an escrow agreement in the form set out in Schedule 12 (Escrow Agreement).
Source Code Deposit. (1) The Seller as legal and beneficial owner of all Intellectual Property rights in the Computer Software agrees to provide to the Purchaser at Completion installed on a computer (being one of the Assets to be taken over by the Purchaser under this agreement) at the Alto▇ ▇▇▇ice a copy Iof the source code in machine readable form relating to the Computer Software and to provide the source code to all upgrades thereof issued by the Seller or the Seller's Group and, only to the extent needed to continue to operate the Business in the same manner as it is being operated at the date of this agreement, the Seller grants the Purchaser a non-exclusive, non-transferable licence to copy, use or modify such source code in the UK for any customer with a valid License Code. For the avoidance of doubt, the Purchaser shall not be entitled to distribute the source code or disclose the source code or any part thereof to any third party.
(2) The Licence granted in this Clause 23 shall be for an initial period of 5 years from the date of this Agreement and shall terminate on termination of the Reseller Agreement or in the event of the Purchaser's insolvency winding-up, appointment of a liquidator or administrator over all or part of the Purchaser's assets or if the Purchaser or any subsidiary of the Purchaser ceases to carry on the Business. On termination of this Licence the Purchaser shall forthwith return to the Seller the source code supplied by the Seller under this Agreement.
Source Code Deposit. Concurrently with each delivery of software to ------------------- Customer, Ambix shall deposit a copy of the Source Code to the version of the Software then being delivered to Customer with the Escrow Agent named in Schedule VI. Such Source Code shall be held and delivered by the Escrow Agent in accordance with the terms and conditions of the Escrow Agreement which forms Schedule VI of this Agreement. Ambix shall pay all industry comparable fees of the Escrow Agent. Upon request, Customer may compare and verify each deposit of Source Code to ensure that it corresponds to the Object Code version of the Software then being delivered to Customer. Such comparison and verification shall take place upon not less than two business days notice, and shall be performed at such place and by such persons as Customer shall reasonably designate according to all terms and conditions of this Agreement. Customer may elect at its option to retain a third party consultant to perform comparison and verification of the Software, upon first having such consultant execute a confidentiality agreement with Customer regarding the Software.
Source Code Deposit. 7.1 Cyres will deposit copies of all source code, original material and software upgrades as relate to the Software with its accountants and all such code and material will be made available to the Client in the event of Cyres ceasing to trade.
7.2 In the event of such code and material being released to the Client, the Client shall be entitled to use the source code for the maintenance, correction, enhancement or modification of the Software.
7.3 Address details of Cyres’ accountants are available on the company website.
Source Code Deposit. 19 Schedules
Source Code Deposit. Consultant shall deposit with the Escrow Agent a copy of the Source Code for the Products supplied to Harvard by Consultant and any documentation, technical information or user manuals that pertain to that Source Code. The escrowed material shall be maintained under an agreement which provides that the Escrow Agent shall furnish Harvard with a copy of the escrowed materials in the event of any of the following: (1) Consultant becomes insolvent, makes an assignment for the benefit of creditors, or has a petition in bankruptcy filed for or against it; (2) Consultant ceases to be in the business of offering Maintenance; (3) with respect to the Source Code for a particular Product licensed pursuant to this Agreement, Consultant ceases to offer Maintenance for that Product or the version of the Product then used by Harvard; or (4) Consultant breaches its Maintenance obligations hereunder and fails to cure within 30 days after notice by Harvard of the breach. Upon request, Consultant will show Harvard the agreement with the Escrow Agent that sets forth the above-specified terms under which the escrowed materials will be released to Harvard and the fees that Harvard will be responsible to pay to the Escrow Agent for this service, if any.
Source Code Deposit. 7.1 Cyres will deposit copies of all source code, original material and software upgrades as relate to the Software with its accountants and all such code and material will be made available to the Client in the event of Cyres ceasing to trade.
7.2 In the event of such code and material being released to the Client, the Client shall be entitled to use the source code for the maintenance, correction, enhancement or modification of the Software.
7.3 Cyres’ accountants are Knights ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇. Any change of accountants will be notified to the Client within 30 days.
Source Code Deposit. Consultant shall deposit with the Escrow Agent a copy of the Source Code for the Products supplied to Harvard by Consultant and any documentation, technical information or user manuals that pertain to that Source Code. The For any software system that is not easily replaceable, that will become heavily used by large numbers of Harvard employees, which may perform a vital time-sensitive function, or that becomes a repository for large escrowed material shall be maintained under an agreement which provides that the Escrow Agent shall furnish Harvard with a copy of the escrowed materials in the event of any of the following: (1) Consultant becomes insolvent, makes an assignment for the benefit of creditors, or has a petition in bankruptcy filed for or against it; (2) Consultant ceases to be in the business of offering Maintenance; (3) with respect to the Source Code for a particular Product licensed pursuant to this Agreement, Consultant ceases to offer Maintenance for that Product or the version of the Product then used by Harvard; or (4) Consultant breaches its Maintenance obligations hereunder and fails to cure within 30 days after notice by Harvard of the breach. Upon request, Consultant will show Harvard the agreement with the Escrow Agent that sets forth the above-specified terms under which the escrowed materials will be released to Harvard and the fees that Harvard will be responsible to pay to the Escrow Agent for this service, if any. amounts of actively used data, Harvard should safeguard its continued use of that software even if the consultant becomes unable to provide maintenance. If the consultant will not license the Source Code at the outset of the relationship, it should agree to put that Source Code in escrow for Harvard's use for these kind of situations.