Baan Software definition
Examples of Baan Software in a sentence
Pledged Securities All of the shares of capital stock of Baan Software N.V. and the certificates evidencing the same.
All such consultants shall have been Basic Trained and Advanced Trained in at least one Baan Software package.
Nothing contained in the Baan Software or Baan Technology required in the process of incorporating Vendor Software into the Baan Software will infringe, violate or misappropriate any Intellectual Property Right of any third party and no characteristic of the Baan Software or Baan Technology does or will cause manufacturing, using, maintaining or selling the Vendor Software to infringe, violate or misappropriate any Intellectual Property Right of any third party.
Baan Software is a private limited company (besloten vennootschap) duly organized and validly existing under the laws of The Netherlands.
TopTier hereby grants to Baan and its Affiliates --------------- a perpetual, non-exclusive, limited, worldwide right and license to embed and incorporate the Licensed Software and Technology in Baan Software products only, and for use only with databases or other data sources defined and fully contained within Baan Software products.
The Licensed Software and Technology and the media upon which the same are delivered to Baan are free from computer viruses, booby traps, time bombs or other programming designed to interfere with the normal functioning of the Licensed Software and Technology, the Baan Software into which the Licensed Software and Technology is and/or will be incorporated, or Baan's or End User's equipment, programs or data.
Baan shall own all right title and interest in and ------------- to all Baan Software and any Derivative Works thereof, including all Intellectual Property Rights therein and thereto.
Baan and its Affiliates shall have the right to market, distribute and sub-license Baan Software products incorporating and embedding the Licensed Software and Technology only under Baan's brand name and only to End-Users.
To the extent the surviving entity in such merger or acquisition wishes to extend the license rights to products in addition to those Baan Software products released and in use immediately prior to any such merger or acquisition, any such rights will be separately negotiated and are not included in the license grants of Section 2.1.
Subject to the terms and conditions --------------------------- hereof, TopTier hereby grants to Baan a perpetual, non-transferable, non- exclusive, royalty-free limited license, without the right to sublicense, to use internally and reproduce the Licensed Software and Technology solely for the purpose of performing development as required for the incorporation of the Licensed Software and Technology in Baan Software products, as permitted under this Agreement.