Escrow Material definition

Escrow Material means the Source Code of the Software and such other material and documentation (including updates and upgrades thereto and new versions thereof) as are necessary to be delivered or deposited to comply with Clause 3 of this Agreement.
Escrow Material as used in this Agreement means (i) the source code of all of the Products, in such form that will allow Client to build and compile usable object code, (ii) the similar source code version of any and all updates, modifications, revisions, and enhancements to be delivered pursuant to the Voyager License Agreement, as well as any other Products provided pursuant to the Product Schedule of Support Services Schedule or otherwise pursuant to an agreement with Client and (iii) any and all documentation developed by Corillian or in its possession pertaining to the applicable source code. Without limiting the generality of the foregoing, the "Escrow Material" shall include any pertinent commentary or explanation that may be necessary to render the source code understandable and useable by a trained computer-programming professional who is generally familiar with C++/COM systems, although not necessarily those incorporating the Products. The Escrow Material shall include system documentation, statements of principles of operation, and schematics, all as necessary or useful for the effective understanding and use of the source code. Insofar as the "development environment" employed by Corillian for the development, maintenance, and implementation of the source code includes any device, programming or documentation not commercially available to the Client on reasonable terms through readily known sources other than Corillian, the Escrow Materials shall include all such devices, programming, or documentation. The foregoing reference to the "development environment" is intended to apply to any programs, including compilers, "workbenches", tools and higher-level (or "proprietary") languages, used by Corillian for the development, maintenance and implementation of the source code.
Escrow Material means machine-readable form of the source code and executable code of the licensed Software, existing design documentation and user documentation, including all enhancements, upgrades, and modifications, all relevant commentary, explanations, and other documentation, as well as instructions to compile such source codes.

Examples of Escrow Material in a sentence

  • An insured-deposit transfer may generate, for the benefit of the receivership, a premium paid by the bank that acts as a paying agent.32 Uninsured depositors and other creditors are given a receivership certificate for the uninsured portion of their funds.

  • Within [*] after the announced general availability of any of the Products, McDATA shall deposit with the Escrow Agent the most current production level of the Escrow Material, as defined in the Escrow Agreement.

  • Escrow Agent shall prohibit any person (including employees of Corillian) from gaining access to the Escrow Material except (a) as provided by the terms of this Agreement, or (b) as otherwise directed by court order.

  • If the Escrow Material is released to the Licensee, the title to the Media shall transfer to the Licensee.

  • Thereafter, upon payment of all fees and costs earned or incurred by Escrow Agent in connection with this Agreement, Escrow Agent shall deliver the Escrow Material to a successor escrow agent named by Corillian and Client or, if none, to the party named in written instructions from Corillian and Client.


More Definitions of Escrow Material

Escrow Material means the information and data to be subject to an escrow
Escrow Material means Software source codes and System Design Documentation, including all Enhancements and modifications, all relevant commentary, explanations, and other documentation, as well as instructions to compile such source codes.
Escrow Material means the Escrow Shares held by the Escrow Agent under the Escrow Agreement and all securities and other property received and held in escrow by the Escrow Agent under the Escrow Agreement in accordance with the terms thereof.
Escrow Material means the source code, macros, specialized routines, procedures and documentation, and any improvements, revisions, upgrades, enhancements, and updates thereto, that are sufficient to allow for the complete restoration and utilization of the machine executable code of the latest version of the Software.
Escrow Material has the meaning set forth in Section 14.06.
Escrow Material means the Software source code, and System Design Documentation, including all relevant commentary, explanations and other documentation, as well as instructions to compile such source code. Escrow Material shall also include all source code for the Enhancements and modifications to the Software provided to WSDOT under the Maintenance and Operations segment of Work.
Escrow Material means the information and data described in Section 23(d) hereof. “Firm Order” means a Purchase Order that cannot be cancelled or amended by 3M without RBC’s consent.