Inhouse Software definition
Examples of Inhouse Software in a sentence
Inhouse Software is provided “as is” without any warranty or representation whatsoever.
Buyer shall be free to disassemble, decompile, reverse engineer, or otherwise manipulate, develop, change, enhance, expand, commercialize, sell, license, or abandon any of the Inhouse Software and shall be under no obligation to account therefor to Seller.
Schedule 7.11 sets forth a preliminary list of computer hardware, third party software, and Inhouse Software that will be transferred to Buyer.
For Inhouse Software, Buyer shall obtain a perpetual, non-exclusive, paid-up license in and to the source code and documentation (if any) to the programs and applications developed internally by Seller and described in Section 2 of Schedule 7.11 (the “Inhouse Software”).
Seller shall have no obligation whatsoever with respect to Inhouse Software including any obligation to support, update, upgrade, or maintain it.
If Partner would desire to purchase additional In-house Software, to be used for other Designated Systems or other sites of Partner, then Partner shall pay the price for the Software according to above less the Additional In-house Discount as specified Appendix G.
Software Provider shall provide maintenance on the In-house Software in accordance with Update and Support Agreement, Appendix F and as specified in Appendix G, that shall be valid, and paid for by the Partner, for as long as this Agreement is valid.
Vendor shall have no obligation whatsoever in respect of the In-house Software, including any obligation to support, update, upgrade or maintain such software.
Vendor shall retain all rights in and to the In-house Software, including the right after Closing to disassemble, decompile, reverse engineer or otherwise manipulate, develop, change, exchange, expand, commercialize, sell, license or abandon the In-house Software and shall be under no obligation to account therefor or to provide copies thereof to Purchaser.
Such acts shall include but not be limited to acts of God, strikes, lockouts, riots, acts of war, epidemics, governmental regulations superimposed after the fact, fire, communication line failures computer viruses power failures, earthquakes or other natural disasters.