Company Software definition
Examples of Company Software in a sentence
The Company is not required to deposit or license to any Person, and has not entered into any escrow arrangements with respect to, any material Source Code for any Company Software, and to the Knowledge of the Company, no event has occurred, and no circumstance or condition exist, that (with or without notice or lapse of time) will result or could reasonably result in the disclosure or delivery to any Person of any such Source Code.
All Company Software operates in all material respects in accordance with its documentation.
The Company and its Subsidiaries possess all source code for the Company Software.
Except for Company Associates subject to written confidentiality obligations, the Acquired Companies have not disclosed, delivered or licensed to any Person, or obligated itself to disclose, deliver or license to any Person (including any escrow agent), any software source code for any Company Software or relating to any Company Intellectual Property Rights, and no Person has any right, contingent or otherwise, to obtain access to or use any such source code.
No event has occurred, and no circumstance or condition exists (including the execution, delivery and performance of this Agreement by the Acquired Companies and the consummation of the Contemplated Transactions) will, or reasonably could be expected to, result in the delivery, license or disclosure of any source code for any Company Software to any Person.