Open Code definition
Examples of Open Code in a sentence
The Mortgage Loan documents, among other things, (i) require the Mortgagor, at its sole cost and expense, to diligently prosecute the cure of (including using commercially reasonable efforts to cause any responsible tenant to prosecute the cure of) each Open Code Violation and (ii) provide recourse to the guarantor for losses to the lender arising out of or in connection with the existence of any Open Code Violations.
SPARK makes use of Open Code as far as the respective open code license permits this usage and permits this usage without payment.
The Mortgagor has represented in the Mortgage Loan documents that the Open Code Violations do not, nor could they reasonably be expected to, (x) result in a material adverse effect or (y) otherwise pose health or safety hazards with respect to the Mortgaged Property or any tenants thereof.
See generally ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, The Limits in Open Code: Regulatory Standards and the Future of the Net, 14 Berkeley Tech.
Open Code is Software that is offered as open source code for general use and that the user receives rights of use without payment.