Proprietary Databases definition
Examples of Proprietary Databases in a sentence
No Person has a perpetual or irrevocable right to access or use the Proprietary Software or Proprietary Databases.
If any amounts are needed ------------------------------------ for disbursement from any Account held by or on behalf of the Trustee and sufficient uninvested funds are not available to make such disbursement, the Trustee shall cause to be sold or otherwise converted to cash a sufficient amount of the investments in such Account.
To the Company’s Knowledge, the Proprietary Software and Proprietary Databases perform in accordance with their specifications and documentation and do not contain, and the Company and its Subsidiaries have commercially reasonable policies and procedures to ensure they remain free from, any substantial or material programming errors, any security vulnerabilities, or any Harmful Code.
To the Loan Parties’ knowledge the Websites, Proprietary Databases and Proprietary Software which are material to the business of the Borrower and its Subsidiaries taken as a whole are, in each case, materially free of all Malicious Code.
The Company has not entered in any escrow or other agreements with any Person granting access to any Company Software and Proprietary Databases.
The Company has implemented reasonable compliance programs and anti-malware technologies in accordance with industry standards to prevent the Proprietary Software and the Proprietary Databases, and the Company’s Computer Systems, from containing any material programming errors or Harmful Code.
Neither Acquiror nor Nxu Tech has entered in any escrow or other agreements with any Person granting access to any Acquiror and Nxu Tech Software and Proprietary Databases.
To the knowledge of the Companies, the Proprietary Software and the Proprietary Databases do not contain any material programming errors or Harmful Code.
The Company is not bound to any Contract containing a covenant or other provision that (x) limits or restricts the ability of the Company to use, exploit, license or commercialize the Proprietary Software or Proprietary Databases in any material respect or (y) requires the Company to license any Proprietary Software or Proprietary Databases to any Person outside of the Ordinary Course of Business.
Neither Seller is a party to any source code escrow Contract or any other Contract requiring the deposit of any source code or related materials for any Proprietary Software or Proprietary Databases.